Boston Fed · District 1

Bank fees in Rhode Island

Name: Rhode Island Bank and Credit Union Fees Compared
Creator: Fee Insight

institutions with published feesof 19 headquartered in Rhode Island: 11
medians fall within the national middle 50%: 9 of 9

Data refreshed Nov 4, 2026

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Local fee benchmarks

Warwick's non-network ATM median is $2.50; Rhode Island's is $2.

Non-Network ATM median by market, institutions with a branch thereRhode Island $2, 5 institutions

Rhode Island's 8 largest markets by institutions with a branch there; marker size follows that count. Every Rhode Island city on the map

Overdraft (OD)NSF / Returned Item Monthly Maintenance Non-Network ATM Stop Payment Debit Card Replacement

Warwick
9 institutions
$2.50
Rhode Island
5 institutions
$2
Boston Fed district
111 institutions
$1.50
U.S.
1,649 institutions
$1.50

Who each median counts

Warwick: With a branch in Warwick, wherever headquartered
Rhode Island: Headquartered in Rhode Island
Boston Fed district: Headquartered in the Boston Fed district
U.S.: Every institution in the index

Warwick

Fee data available for 14 of 18 institutions

Compare Warwick fees

Sources: Branches from the FDIC Summary of Deposits (banks) and NCUA (credit unions). One value per institution: its highest overdraft fee, the middle of its schedule for other fees. A median needs at least 5 institutions.

Rhode Island's banks and credit unions

11 of the 19 institutions headquartered in Rhode Island have published fees here, and 10 of them have fees that count toward the medians on this page. Figures here count those headquartered institutions, except branches and deposits, which count every institution serving the state.

Who serves Rhode Island

The five largest banks hold 81% of bank deposits in Rhode Island. 19 banks and credit unions are headquartered here; 240 bank branches and 88 credit union branches serve the state, wherever headquartered.

Citizens Bank, National Association35.7% · $16.2B across 52 branches
Bank of America, National Association21.7% · $9.8B across 24 branches
The Washington Trust Company, of Westerly11.6% · $5.3B across 28 branches
Beacon Bank and Trust6.2% · $2.8B across 26 branches
Santander Bank, N.A.5.9% · $2.7B across 19 branches
Every other bank18.8% · $8.5B

60% of the 5 banks hold $1B to $10B in assets

FDIC asset-size groups

21% of the 14 credit unions hold under $10M in assets

NCUA asset-size groups

Source: Institutions headquartered in Rhode Island, tracked by Fee Insight. Total assets from FDIC and NCUA data, grouped the way each regulator reports them: the FDIC asset-size groups for banks and the NCUA groups for credit unions. Bank deposits from the FDIC Summary of Deposits, 2026, for branches in Rhode Island; credit union branches from NCUA. Leading banks count banks with 10 or more branches in the state.

Fee income

Rhode Island bank service charges rose 3.8% from Q2 2025 to Q2 2026. Credit union fee income is a wider measure than bank service charges, so the two charts stay separate and are never added together.

Banks: service charges on deposit accounts

$112.2MQ2 2026

+3.8% from Q2 2025

Credit unions: all fee income

$6.9MQ2 2026

+7.9% from Q2 2025

Source: Institutions headquartered in the state. Banks: service charges on deposit accounts, FDIC call reports. Credit unions: all fee income, NCUA call reports. Credit union year-to-date income is split into quarters; a quarter shows once most institutions have filed.

Free report

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The Rhode Island medians against the U.S., sent to you and updated as schedules are verified.

Rhode Island versus the Boston district

Higher in Rhode Island: deposited item return +⁠$5, monthly maintenance +⁠$4, overdraft +⁠$2 and 3 more. The other 3 fees are about the same.

Deposited Item Return
Rhode Island $15 (5 inst.) · District $10 (155 inst.)
+$5
Monthly Maintenance
Rhode Island $10 (9 inst.) · District $6 (134 inst.)
+$4
Overdraft (OD)
Rhode Island $32 (7 inst.) · District $30 (170 inst.)
+$2
NSF / Returned Item
Rhode Island $30 (7 inst.) · District $29.25 (192 inst.)
+$0.75
Non-Network ATM
Rhode Island $2 (5 inst.) · District $1.50 (111 inst.)
+$0.50

Rhode Island median against the Boston district median, by fee
Fee	Rhode Island	District	Gap
Deposited Item Return	$155 inst.	$10155 inst.	+$5
Monthly Maintenance	$109 inst.	$6134 inst.	+$4
Overdraft (OD)	$327 inst.	$30170 inst.	+$2
NSF / Returned Item	$307 inst.	$29.25192 inst.	+$0.75
Non-Network ATM	$25 inst.	$1.50111 inst.	+$0.50

What the Fed sees in the district

“Economic activity expanded slightly, with mixed results across sectors.”

Beige Book, Boston district, October 2026 Hamilton sets it beside an institution's own fees

Open the Boston district report

Source: Both medians count institutions by headquarters; the district takes in Rhode Island and the rest of the Federal Reserve's Boston district. Medians from each institution's own published schedule, one value per institution; a median needs at least 5. A gap under 1% reads as about the same. Federal Reserve Beige Book, Boston district.

Rhode Island versus the U.S.

4 of 9 Rhode Island medians sit above the U.S. median. Rhode Island medians count institutions headquartered in Rhode Island; U.S. medians count every institution in the index.

Overdraft (OD)

$32

Median of 7 Rhode Island institutions. U.S. $30.

Rhode Island institutionsNational middle range

Explore 6 additional Rhode Island fee categories in Hamilton.

Method: Findings rank only fees with at least 10 Rhode Island institutions. Fees with fewer appear in the list, unranked. The national middle range runs from the 25th to the 75th percentile of U.S. institutions.

National context

Rhode Island unemployment was 3.6% in September 2026, against 4.2% for the U.S.

Rhode Island

Unemployment rate, against the U.S.

Rhode IslandU.S.

Sep 2021 to Sep 2026

Median household income in Rhode Island: $88K (2024).

United States

Bank services prices, change over 12 months

Sep 2021 to Sep 2026

+1.0% in the 12 months to Sep 2026, nationally.

Source: BLS unemployment and the BLS CPI for checking accounts and other bank services; Census ACS 2024 median household income. The CPI is national; it has no state figure.

More Rhode Island data: fee complaints to the CFPB

Fee complaints to the CFPB, 2025

Per $1 billion of deposits.

U.S.1.1

1 Rhode Island institutions are matched to CFPB records, under the 10 a rate needs.

Source: CFPB Consumer Complaint Database, fee-related issues. Only institutions matched to their CFPB company record count, and a rate needs 10 of them.

Where does your institution sit?

Hamilton, the Fee Insight workspace, sets an institution's own fees beside institutions its size in Rhode Island.

See Hamilton plans Or ask for a demo

From 10 Rhode Island banks and credit unions' own published fee schedules, one value per institution; a median needs at least 5 institutions. Data as of Nov 4, 2026. Methodology

Fee

Rhode Island

District

Lower in Rhode Island Higher in Rhode Island

Gap

Deposited Item Return

$155 inst.

$10155 inst.

+$5

Monthly Maintenance

$109 inst.

$6134 inst.

+$4

Overdraft (OD)

$327 inst.

$30170 inst.

+$2

NSF / Returned Item

$307 inst.

$29.25192 inst.

+$0.75

Non-Network ATM

$25 inst.

$1.50111 inst.

+$0.50