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BankRI Gearing-Up for Construction to Begin on New Wakefield Branch

Expansion to South County Represents BankRI’s Third Branch Project since End of 2012

PROVIDENCE, R.I. – By the spring of 2014, residents in Wakefield and across South County will have a new Bank Rhode Island (BankRI) branch to call their own. After months of planning and town meetings, construction is expected to begin in the coming weeks on the Bank’s newest branch, which will be located at 290 Main Street. The first phase of the project, clearing the land, was completed in early November.

 

The land for the new branch, the long-empty Wakefield Station site, had previously been one of the largest remaining plots in downtown Wakefield available for development. Once completed, BankRI’s Wakefield branch, its 19th in Rhode Island, will be a 4,600 square foot, two-story bank with drive-thru banking capabilities, a drive-thru ATM and 16 parking spaces.

It will also feature private offices and meeting space dedicated to housing BankRI investment, mortgage, commercial and business financial specialists.

"I am extremely excited about our expansion into South County,” said Mark J. Meiklejohn, President and CEO of BankRI. “As a lifelong resident, I know firsthand how terrific this market is and what a difference a local bank can make in the community."

For more information on BankRI and additional branch locations, visit: BANKRHODEISLAND.com.

About Bank Rhode Island

Bank Rhode Island, a wholly owned subsidiary of Brookline Bancorp, Inc. (NASDAQ:BRKL), is a full-service, FDIC-insured financial institution headquartered in Providence, Rhode Island.  The bank operates 18 branches and more than 60 ATMs throughout Providence, Kent and Washington Counties. For more information, visit BANKRHODEISLAND.com.
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Press Contact

Amanda Cordle
Marketing Coordinator
Marketing & Communications
Direct: (401) 574-1952
Fax: (401) 456-5069
acordle@bankri.com