NEW: BankRI to Open 20th Branch in New Middletown Location
Monday, October 05, 2015
GoLocalProv Business Team
BankRI will open a new branch in Middletown in early 2016. The office will be BankRI's 20th branch and will be located at 132 East Main Road.
“We are excited to have a presence in East Bay and offer those across its communities the relationship banking model that BankRI is known for. We’re also looking forward to introducing technology that delivers new levels of convenience to our valued customers while positioning ourselves to attract new clientele—we see a lot of potential for growth," said Mark Meiklejohn, President and CEO of BankRI.
Once it is complete, BankRI's Middletown branch will be 1,800 square feet and include private commercial lending offices, space dedicated to housing BankRI retail and business financial specialists, as well as conference rooms.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST
The new office will feature the introduction of the cash recycler machines at each teller window. The machines are expected to increase the efficiency of teller transactions and reduce the the time for business deposits by as much as 50 percent.
Bank Rhode Island
Bank Rhode Island is a full service financial institution headquarters in Providence. The bank currently operates 19 branches and over 55 ATMs throughout Providence, Kent and Washington Counties.
Click here for more information.
Related Slideshow: New England’s Biggest Charitable Donors
View Larger +
Prev
Next
#20
Donor: The Pomerleau family of Vermont
Amount: donated $1,000,000
Recipient: Boys and Girls Club of Burlington, VT.
"$1-million from the Pomerleau family to provide college scholarships and support a tutoring center for children. Tony Pomerleau is a real-estate developer."
The family is ranked with the fifth highest donation in the state of Vermont.
View Larger +
Prev
Next
#19
Donor: The Stiller Family Foundation (Robert P. and Christine Stiller) of Vermont
Amount: pledged $1,000,000
Recipient: Champlain College in Burlington, VT.
The donation will go on to fund child care for single-parent students. The Stiller Family Foundation is ranked with the fourth for the highest pledge in Vermont.
View Larger +
Prev
Next
#18
Donor: The Rodgers Family Foundation (Thomas A. Rodgers III) of Rhode Island
Amount: donated $1,000,000
Recipient: Salve Regina University in Newport, RI
The donation will go on to establish a graduate program in nursing. Mr. Rodgers is former chief executive officer of Globe Manufacturing, a company in Fall River, Massachusetts. The family's foundation is the sole donor(s) ranked from Rhode Island.
View Larger +
Prev
Next
#17
Donor: Rick J. Hayes Jr. of Maine
Amount: pledged $1,500,000
Recipient: University of Mary Washington in Fredericksburg, Virginia.
Hayes Jr. obtained his wealth from law practices, he is a former resident of Fredericksburg.
View Larger +
Prev
Next
#16
Donor: Barry and Wendy Rowland of Vermont
Amount: donated $2,000,000
Recipient: Dunn School in Los Olivos, CA
The donation will go on to provide sccholarships to students from Africa. Mr. Rowland is a retired chief administrative officer of Eaton Vance, a financial-management firm in Boston. The Rowlands are ranked the third most generous donors form Vermont.
View Larger +
Prev
Next
#15
Donor: The Starr F. Schlobohm Trust (Starr F. Schlobohm) of New Hampshire
Amount: bequested $2,000,000
Recipient: Russell County Area Community Foundation in Kansas
The bequest will create a scholarship fund for students going into college. Mr. Schlobohm owned an oil and gas business. The Starr F. Schlobohm Trust made the highest bequest in New Hampshire and is ranked the second most generous donor from the state.
View Larger +
Prev
Next
#14
Donor: The Bob Crewe Foundation (Bob Crewe) of Maine
Amount: donated $3,000,000
Recipient: Maine College of Art in Portland, ME.
Mr. Crewe is a songwriter who wrote "Sherry," "Big Girls Don't Cry," and "Can't Take My Eyes Off of You." The donation will create a program for the study of contemporary music and visual arts.
View Larger +
Prev
Next
#13
Donor: Charles H. Schwartz of Connecticut
Amount: bequested $9,600,000
Recipient: Wadsworth Atheneum Museum of Art in Hartford, CT.
Mr. Schwartz was a member of the museum and died in 1995. His mother's family co-founded the paper-goods company Kimberly-Clark Corp.
View Larger +
Prev
Next
#12
Donor: Robert P. and Christine Stiller of Vermont
Amount: GiftChallenge $10,000,000
Recipient: Fair Trade USA in Oakland, CA
Robert P. and Christine Stiller are the third most generous donors from Vermont. Robert is the founder of Green Mountain Coffee Roasters, in Waterbury, Vt.
View Larger +
Prev
Next
#11
Donor: Albert Marcotte of Massachusetts
Amount: pledged of $10,000,000
Recipient: Brigham and Women's Hospital in Boston
The pledge will go on to create the Albert A. and Christine J. Marcotte Center for Medical Innovation and fund research in the hospital. Mr. Marcotte is founder and president of Advanced Management Systems, a management consulting firm in Abington, Mass.
View Larger +
Prev
Next
#10
Donor: Thomas Crotty Jr. and Shari Crotty of Massachusetts
Amount: donated $10,000,000
Recipient: University of Notre Dame
The donation will fund the construction of a research facility. Mr. Crotty, an alumnus of the university, is a senior adviser at Battery Ventures, a venture-capital firm in Boston. The Crottys are the fourth most generous donors in Massachusetts.
View Larger +
Prev
Next
#9
Donor: Jon and Patricia Baker of Massachusetts
Amount: donated $10,000,000
Recipient: Georgetown University in Washington
Mr. Baker is the founder and chief executive of International Planning Group, a life-insurance company and a graduate of the university. The Bakers made the third highest donation in Massachusetts.
View Larger +
Prev
Next
#8
Donor: Dana Hamel of New Hampshire
Amount: donated $10,000,000
Recipient: University of New Hampshire in Durham
The donation from Mr. Hamel will provide scholarships for in-state students. Dana Hamel is the top donor from New Hampshire.
View Larger +
Prev
Next
#7
Donor: Huntington (Skip) Sheldon of Vermont
Amount: pledged $15,000,000
Recipient: Johns Hopkins University, School of Medicine in Baltimore, MD.
The donation will be bestowed upon the University's Institute for Basic Biomedical Sciences. Dr. Sheldon graduated from the medical school in 1956 and is the top donor from Vermont.
View Larger +
Prev
Next
#6
Donor: Peter Buck of Connecticut
Amount: pledged $20,000,000
Recipient: Western Connecticut Health Network in Danbury
Buck is thr co-founder of the Subway sandwich chain, and his gift will support a patient tower.
Photo: Subway
View Larger +
Prev
Next
#5
Donor: Steven A. and Alexandra M. Cohen Foundation (Steven A. and Alexandra M. Cohen) of Connecticut
Amount: donated $20,000,000
Recipient: Stamford Hospital Foundation in CT
Mr. Cohen is founder and chief executive officer of SAC Capital Advisors, a hedge fund in Stamford, CT. The donation will go on to fund emergency and trauma care for children.
Photo: Stamford Hospital Foundation
View Larger +
Prev
Next
#4
Donor: Andrew Barowsky of Maine
Amount: pledged $25,000,000
Recipient: Dominican University of California in San Rafael
The gift also will establish the Andrew P. Barowsky School of Business. Barowsky is ranked as the #1 donor from Maine.
View Larger +
Prev
Next
#3
Donor: Albert Marcotte of Massachusetts
Amount: donated $30,000,000
Recipient: Dana-Farber Cancer Institute/Harvard Medical School in Boston
Albert Marcotte, is founder and president of Advanced Management Systems, a management consulting firm Massachusetts. His gift will also create the Marcotte Center for Cancer Research. Marcotte is ranked #2 and #5 for his donations in Massachusetts.
Photo: Dana Farber Cancer Institute
View Larger +
Prev
Next
#2
Donor: Morningside Foundation (Gerald and Ronald Chan) of Massachusetts
Amount: donated $350,000,000
Recipient: Harvard School of Public Health in Boston
The Chans and their Foundation have obtained their wealth from their families, finance and investments.
Photo: Harvard School of Public Health
View Larger +
Prev
Next
#1
Donor: The Stanley Family Foundation and Theodore (Ted) Stanley from Connecticut
Amount: pledged $650,000,000
Recipient: Broad Institute in Cambridge, Massachusetts
The pledge will be used for research into psychiatric disorders. Mr. Stanley is the founder of MBI, a Connecticut firm that markets and sells collectibles. Part of the pledge will go on to create the Stanley Center for Psychiatric Research. The Stanley Family Foundation's contribution puts them as the top donor(s) in New England.
Congratulations!
Photo: The Broad Institute
Related Articles
Enjoy this post? Share it with others.