BankRI Opens Newport Branch in Bellevue Plaza
Bank Rhode Island (BankRI) has opened its new branch in Newport, expanding its statewide footprint. Located in the vibrant Bellevue Plaza, the branch is BankRI’s 22nd in the state and its second on Aquidneck Island. The bank marked the opening with a ceremonial ribbon-cutting on Tuesday, December 12, where company leaders were joined by members of Newport’s local business community.
BankRI Promotes Longtime Financial Professionals to Executive Vice President Roles
Recognizing their contributions to the company and deep commitment to the customers and communities it serves, Bank Rhode Island (BankRI) has promoted five veteran staff members to executive vice president positions. “The promotion to executive vice president is a career milestone and reflects each’s dedication to their profession and their contribution to the success of Bank Rhode Island,” said Will Tsonos, President and CEO of BankRI. “They are leaders at the Bank, and I congratulate them all on this important achievement.”
BankRI awards $109,600 in grants to RI non profits
BANK RHODE ISLAND has awarded $109,600 in grants to 36 organizations throughout Rhode Island focused on at-risk youths, addressing housing instability, improving access to health services and supporting education, including adult workforce training.
“Holiday Giving Tree” Gift Program Returns to Brighten Season for Local Kids
PROVIDENCE, R.I. – A long-running holiday program to benefit kids across the Ocean State has kicked off, and Bank Rhode Island (BankRI) is hoping it’ll lead to the biggest year yet. The Bank recently began its 26th annual Holiday Giving Tree program – an effort that collects gifts for underprivileged children served by local nonprofits. All twenty-one of BankRI’s branch locations are participating in the program, which runs through mid-December.
Five Questions With Andy Deluski
Andrew Deluski is senior vice president for commercial real estate at Bank Rhode Island, which provides financing for the construction, refinancing, or purchasing of investment real estate projects. Recently, BankRI provided $6.5 million in financing to Washington Street Holdco LLC for the construction of an apartment complex at 473 Washington St. in Providence.
BankRI Sends $109,600 in Grants to Nonprofits Across Rhode Island
Supporting a diverse array of nonprofits and their work, Bank Rhode Island (BankRI) has awarded a total of $109,600 in grants to thirty-six local organizations. Together, the services of the funded nonprofits impact residents throughout the state. Among the programs to receive a grant are those which focus on at-risk youth, address housing instability, improve access to health services, and support education, including adult workforce training.
Paul Gagne of BankRI Appointed President for Valley Affordable Housing Corporation Board of Directors
Paul Gagne, who leads the Bank Rhode Island (BankRI) branch in Woonsocket, has been appointed president of the Board of Directors for Valley Affordable Housing Corporation. He assumed the role as of October 1, 2023, and previously served on the nonprofit’s Board as a director.
BankRI Finances $6.5M for Construction of PVD Apartment Complex
The Commercial Real Estate division of Bank Rhode Island (BankRI) has provided $6.5 million to Washington Street Holdco, LLC for the construction of a four-story apartment complex in Providence. The complex is being built at 473 Washington Street. The project broke ground in late spring and is expected to be completed by the end of the year.
Food Drive Nets 2 Tons, BankRI Donates $24,000 to Fight Hunger
Fourteen community-based food pantries around the state have received donated food and funds to support their work to help those facing hunger thanks to Bank Rhode Island (BankRI). The Bank recently concluded a six-week food drive at all 21 of its branches, leading to more than 4,000 pounds for the pantries.
BankRI’s New Branch in Cranston Opens for Business
Bank Rhode Island on July 19 celebrated the opening of a new full-service branch in Cranston, located at 1340 Oaklawn Avenue. The location will serve a densely populated Cranston community as well as a robust business area. It is the bank’s twenty-first branch in the state.
