Bank Rhode Island is a provider of commercial, small business, personal and investment-banking services to the communities it serves throughout Rhode Island. The company is a wholly owned subsidiary of Bancorp Rhode Island, and is a full-service, FDIC-insured and state-chartered financial institution with headquarters in Providence, R.I. Founded in 1996, Bank Rhode Island was the second-largest de novo bank in the United States. It has 16 branches in the Rhode Island counties of Providence, Kent and Washington. Bank Rhode Island, a private company, is an employer of more than 250 people.