Bank Rhode Island (BankRI) has made a significant investment in the community, awarding a total of $100,750 in charitable grants to nonprofits throughout the state. The grants were received by 28 organizations and will help to fund a wide range of initiatives, including children’s education, workforce development, arts-based programs, and human services. Awards ranged from $1,000 to $10,000.
Bank Rhode Island has grown the team of its Commercial Real Estate Division, hiring Maria Botelho as Vice President, Commercial Real Estate Lender. The seasoned banking professional joined the bank this spring and works out of its Downtown Providence headquarters in the Turk’s Head Building.
When Bank Rhode Island (BankRI) customers and staff have an opportunity to help the community, they never disappoint, and the bank’s recently-completed Children’s Book Drive was no exception. Held throughout the month of March at all 20 of BankRI’s branches, the effort in support of Books Are Wings led to 6,382 books for local kids.
Bank Rhode Island (BankRI) has named a new branch manager at one of its Warwick locations. The bank has promoted banking veteran Lynne DeSantis, who also calls the city home, to leads its Buttonwoods branch on West Shore Road.
Stacy Levin, the longtime manager of Bank Rhode Island’s (BankRI) East Greenwich branch, has been appointed president of the East Greenwich Chamber of Commerce Board of Directors. Levin assumed the leadership role at the end of February, and has served on the chamber’s board for five years.
Individuals and families across Rhode Island looking to become first-time homebuyers are invited to attend a no-cost, virtual workshop that will help introduce them to the planning and process of buying a home. Titled “Preparing for Homeownership,” the session will be held via Zoom on Tuesday, March 29 beginning at 5:30 p.m. It is being made available by Bank Rhode Island (BankRI) and Pawtucket Central Falls Development.
BankRI North Kingstown Gallery presents “Slinky Drawings by Jessica Deane Rosner,” March 4 through June 2, 2022. The branch is located at 1140 Ten Rod Road in North Kingstown. Hours are Monday through Thursday 9 a.m. to 4 p.m., Friday 9 a.m. to 5 p.m. and Saturday 9 a.m. to 12 p.m.
BankRI Pitman Street Gallery presents: “Remembering: Paintings by David Everett,” March 3 through May 4, 2022 The branch is located at 137 Pitman Street in Providence. Hours are Monday through Thursday 9 a.m. to 5 p.m., Friday 9 a.m to 6 p.m. and Saturday 9 a.m. to 12 p.m.
BankRI Turks Head Gallery presents: “Almost Anywhere: Collages by Mara Metcalf” March 3 through May 4, 2022 at One Turks Head Place in downtown Providence. Exhibit hours are Monday through Thursday 9 a.m. to 4 p.m., Friday 9 a.m. to 5 p.m. The branch is closed on weekends. There will be a Gallery Night reception on Thursday April 21 from 4 to 6 pm.
In recognition of March as National Reading Month and its commitment to childhood literacy, Bank Rhode Island (BankRI) is kicking off its annual children’s book drive. The month-long effort to benefit Books Are Wings runs throughout March at all 20 of the Bank’s branch locations, with both drop-off and virtual donation options offered.
JIC Properties, LLC, a locally-based real estate investment company with an expanding portfolio, has secured $3.2 million in financing from Bank Rhode Island’s (BankRI) Commercial Real Estate division. The loan will be used to refinance and reinvest in two Providence residential properties; 226-230 Dean Street, and 75 Governor Street.
Bank Rhode Island’s (BankRI) Commercial Real Estate division has closed a deal with Touchdown Realty Group, LLC, providing $2.4 million to refinance a ten unit apartment building located at 319 Main Street in East Greenwich. The historic property is fully-occupied and underwent a complete rehabilitation that was completed in the spring of 2021.
