Report: Bank of America takes lead in bank deposits within Rhode Island

BANK OF AMERICA, Rhode Island's consumer bank, ranked in the top five in a JD Power survey measuring customer satisfaction with primary mortgage originators. / BLOOMBERG FILE PHOTO/JIN LEE
PROVIDENCE – Rhode Island consumer banking has become a little less local, as Charlotte, N.C.-based Bank of America now has the most in-state deposits, surpassing Providence-based Citizens Bank, new federal statistics show. Bank of America had about $12.4 billion in deposits inside Rhode Island for a 35.3 percent market share as of June 30, according…

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