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Savings Solutions to Increase Your Earning Power

Bank Rhode Island understands how important it is to build your savings. That's why we offer smart savings solutions with competitive rates, FDIC protection, and the flexibility to access your money any time.   

Bank Rhode Island business savings accounts offer:

  • Competitive interest rates
  • Free Online Banking
  • ATM card(s)
  • 24-Hour Automated Banking Center access
  • FDIC insurance1

1 Accounts are insured up to current FDIC limits.

Build your savings with Bank Rhode Island. 

Product    

Minimum Deposit
to Open

Minimum Balance to Avoid Monthly Service
Charge

Transaction & Withdrawal Fee

Monthly Service
Charge

Business Power Money Market  $2,500 $5,000 Average Daily Balance N/A $10.00

Business Premium Savings

 $1,000

$1,000 Average Daily Balance in Account1

 N/A

$5.00


1
To calculate the average daily balance we add the principal amount in the account for each day of the statement period and divide by the number of days in the statement period.

For more information or to open a savings account, contact our business development team.