Coastway Community Bank has been helping Rhode Islanders with their financial needs for over 90 years. With more than $420 million in assets and over 27,000 customers, Coastway Community Bank is dedicated to outstanding customer service and the belief that strengthening the fabric of the communities we serve is of the utmost importance. Coastway’s Rhode Island locations include Cranston, East Providence, Lincoln, Providence, Warwick and East Greenwich.
Since 2002, we have made over 5,000 families’ dreams come true with residential mortgages, reverse mortgages and refinances. From 2009 to 2014, we’ve granted almost a billion dollars in mortgage loans in our community. Coastway’s team of Mortgage Loan Officers work one on one with their clients to make sure the client has a mortgage solution that’s tailor made for them.
The heart of the community is small business. Coastway has lent over $137 million to businesses since we converted to a Community Bank in 2009. And Coastway was named top SBA lender for fiscal year 2014, making more loans for more money than any other bank in Rhode Island, keeping dollars in our community and helping our neighbors to succeed.
Our branch staff has a reputation for knowing their customers by name and building relationships that keep people coming back. That level of personal service, coupled with all the online conveniences that larger banks offer, is what makes Coastway special.
Since 2010, Coastway employees have donated over 5,000 hours of service to non-profits across the state. In 2014, Coastway was honored by the Association of Fundraising Professionals as the Outstanding Philanthropic Business of the Year, as part of National Philanthropy Day.
In early 2014, Coastway became a publicly traded company with its initial public offering of Coastway Bancorp, the holding company under which Coastway Community Bank exists. Coastway Bancorp is traded on the NASDAQ as “CWAY.”