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What is a good Providence bank or credit union for small business banking?

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I’ve just formed an LLC in Rhode Island and I want to create a checking account for the business. Has anyone had a good experience with a particular institution? The business is small for now – basically sole proprietor + hired contractors.

These are the criteria I’m looking to meet:

  • local office in Providence (bonus if on the East Side)
  • ideally I’d like to work with a regional bank or credit union – but I’d work with a National bank if they’re the right fit
  • no monthly charges & no minimum balance
  • basic online banking
  • nice people

Things I don’t care about

  • the account doesn’t need to earn interest
  • I don’t need payroll or merchant services
  • the account doesn’t need to support a lot of transactions each month – 50 or more should be fine

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Category: Tags: asked November 2, 2011

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