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Banking Industry Description

The banking industry in Rhode Island is a vital component of the state's economy. The industry is dominated by a few large banks, including Citizens Bank, Bank of America, and Santander Bank. These banks offer a wide range of financial products and services, including checking and savings accounts, loans, mortgages, and credit cards. In addition to these large banks, there are also several smaller community banks and credit unions operating in Rhode Island. These institutions often focus on serving the needs of local communities and businesses, and may offer specialized products and services tailored to these markets. Overall, the banking industry in Rhode Island has undergone significant changes in recent years, with many banks shifting their focus towards digital banking and online services. This trend has been driven by changing consumer preferences and the increasing importance of technology in the financial industry. Despite these changes, the banking industry in Rhode Islan...

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24

COMPANIES

5.99 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Banking

$94,670

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Banking

United States, Rhode Island

1 Billion and Over

10001+

Banking

United States, Rhode Island

1 Billion and Over

5001-10000

Banking

United States, Rhode Island

500 Million to 1 Billion

1001-5000

Banking

United States, Rhode Island

50 Million to 100 Million

10001+

Banking

United States, Rhode Island

250 Million to 500 Million

501-1000

Banking

United States, Rhode Island

100 Million to 250 Million

201-500

Banking

United States, Rhode Island

50 Million to 100 Million

201-500

Banking

United States, Rhode Island

50 Million to 100 Million

201-500

Banking

United States, Rhode Island

100 Million to 250 Million

51-200

Banking

United States, Rhode Island

50 Million to 100 Million

51-200

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Rhode Island plays a crucial role in the state's economy. With a strong presence of both national and regional banks, Rhode Island offers a diverse range of financial services to its residents and businesses. The industry encompasses various sectors, including commercial banking, investment banking, insurance, and asset management. Rhode Island's banking sector is characterized by a mix of large national banks, such as Bank of America and Citizens Bank, as well as smaller community banks and credit unions. These institutions provide a wide array of services, including personal and business banking, mortgages, loans, and credit cards. They play a vital role in facilitating financial transactions, supporting local businesses, and helping individuals manage their finances. The state's finance industry also includes investment banking firms that provide advisory services, underwriting, and capital raising for corporations and governments. These fir...

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FAQ

FAQs

The top Banking companies in Rhode Island are Citizens, Interbank and MidFirst Bank. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 24 of Banking companies in the US according to the latest CIENCE data.

The median revenue for Banking companies in the US is 75000000.

No, the Banking industry in Rhode Island is not known for Banking as there are only 24 companies in Rhode Island.

The average revenue for Banking companies in Rhode Island is 249770833.

You can find job opportunities in the Banking in Rhode Island through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Banking industry main page is found here.

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