Best Banks & Credit Unions in Providence, Rhode Island

Banks and credit unions serving Providence, Rhode Island. Compare up to 0.25% APY, fees, minimums and membership rules, dated when we read them.

This page covers banks, credit unions, and local branches available to residents of Providence, Rhode Island. All rankings inherit from the Rhode Island state directory. Every institution listed is licensed to serve Providence residents and is either headquartered in Rhode Island or operates branches in the metro.

Top options in Providence

• Rhode Island Credit Union: 4.25% APY. 12 Month Certificate of Deposit: A $500 minimum opening deposit is required to open and earn the advertised APY; a penalty may be imposed for early withdrawal; effective date 09/03/26 through 09/09/26. Read Sep 7, 2026 on ricreditunion.org.
• Navy Federal Credit Union: 3.70% APY. 12-month Short-Term Certificate: $1K minimum APY column; 3.70% at $1K and $20K, 3.75% at $100K; penalties apply for early withdrawal. Read Sep 7, 2026 on navyfederal.org. Rates as of 2026-09-07 per the page.
• People's Credit Union: 3.55% APY. 12 Months Certificate of Deposit: The minimum to open a Certificate of Deposit or earn the APY is $500; a penalty will be imposed for early withdrawal. Read Sep 7, 2026 on peoplescu.com.
• BankNewport: 3.50% APY. 18 months CD: The nearest standard term to twelve months, because the bank's only 12 Month CD (3.75%) sits under Limited Time Offers; $1,000 minimum to open a Certificate of Deposit; a penalty will be imposed for early withdrawal; the APY is accurate as of September 4, 2026. Read Sep 7, 2026 on banknewport.com. Rates as of 2026-09-04 per the page.
• Ocean State Credit Union: 3.50% APY. 12-month 1 Year CD: $1,000 minimum deposit to earn the APY; interest paid quarterly; early withdrawal penalty of 3 months' interest; rates effective as of January 1, 2026. Read Sep 7, 2026 on oceanstatecu.org. Rates as of 2026-01-01 per the page.
• BrightBridge Credit Union: 3.35% APY. 12 Month Certificate: $500.00 minimum deposit to open and to earn the APY; the 12 Month Premium rate of 3.45% requires $50,000; penalty for early withdrawal; effective date Sunday, September 6th, 2026. Read Sep 7, 2026 on brightbridge.com. Rates as of 2026-09-06 per the page.

Banks with more than one branch in Providence

Each opens every one of that bank's offices in Providence, with the address of each and what it holds.

• Citizens Bank, National Association in Providence: 9 branches
• Bank of America, National Association in Providence: 6 branches
• Santander Bank, N.A. in Providence: 5 branches
• JPMorgan Chase Bank, National Association in Providence: 3 branches
• The Washington Trust Company, of Westerly in Providence: 3 branches

Other Rhode Island cities

See the full Rhode Island banks directory for every institution we've verified in the state, plus the underlying methodology.