Data / Bank failures / Rhode Island
Bank failures in Rhode Island: 4 banks since 1980
4 banks in Rhode Island failed between 1980 and 2009, holding $2.51 billion in assets and $2.34 billion in deposits. The FDIC estimates the cost to its insurance fund at $112.5 million. The FDIC also assisted 3 open banks without closing them. The largest: Old Stone SB ($1.85 billion), Eastland Savings Bank ($515.3 million), Eastland Bank ($85.4 million). By decade: 1980s 2, 1990s 4, 2000s 1.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
Every failure, newest first
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Bank of America Rhode Island N.A. (assistance) | Providence | January 16, 2009 | $35.41 billion | $500,000 | ||
| Old Stone SB | Providence | January 29, 1993 | $1.85 billion | $1.70 billion | $73.6 million | Citizens SB |
| Eastland Bank | Woonsocket | December 11, 1992 | $85.4 million | $76.2 million | Fleet National Bank | |
| Eastland Savings Bank | Woonsocket | December 11, 1992 | $515.3 million | $499 million | $10.3 million | Fleet National Bank |
| Colonial FSB | Cranston | May 10, 1991 | $60.6 million | $62.3 million | $28.6 million | |
| Rhode Island FS&LA (assistance) | Providence | September 1, 1984 | $130.3 million | $124.4 million | $9.6 million | Old Stone Bank FSB |
| Mayflower FS&LA (assistance) | Providence | July 1, 1980 | $24 million | $15.8 million | $1.9 million | Old Colony Coop Bank |
Other states
- Alabama 39
- Alaska 13
- Arizona 44
- Arkansas 45
- California 265
- Colorado 103
- Connecticut 48
- Delaware 4
- District of Columbia 8
- Florida 199
- Georgia 135
- Guam 1
- Hawaii 6
- Idaho 8
- Illinois 229
- Indiana 52
- Iowa 83
- Kansas 124
- Kentucky 47
- Louisiana 167
- Maine 6
- Maryland 36
- Massachusetts 59
- Michigan 46
- Minnesota 81
- Mississippi 38
- Missouri 136
- Montana 19
- Nebraska 54
- Nevada 17
- New Hampshire 20
- New Jersey 112
- New Mexico 32
- New York 104
- North Carolina 30
- North Dakota 43
- Ohio 61
- Oklahoma 183
- Oregon 38
- Pennsylvania 73
- Puerto Rico 17
- South Carolina 23
- South Dakota 44
- Tennessee 80
- Texas 911
- U.S. Virgin Islands 1
- Utah 30
- Vermont 5
- Virginia 54
- Washington 38
- West Virginia 19
- Wisconsin 51
- Wyoming 29
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.