Rhode Island Bankers Association Inc

“Bookkeeping and other administrative functions are performed on behalf of the association by the massachusetts bankers association.”

“Rhode island bankers association is a trade association whose members consist of commercial, savings & cooperative banks as well as savings & loan associations, including community, regional and national banks. It has associate members who are providers of goods and services to the banking industry.”

“The association's officers are elected to two-year terms at the association's annual meeting. Since all member banks are entitled to a seat on the associations's board of directors, there is no election of board members. Board members also vote on all business presented at the meeting.”

“The association's officers are elected to two-year terms at the association's annual meeting. Since all member banks are entitled to a seat on the associations's board of directors, there is no election of board members. Board members also vote on all business presented at the meeting.”

“The board of directors has delegated the responsbility for reviewing, approving and signing the form 990 to the treasurer. The form 990 is made available to any director upon request.”

“The rhode island bankers association (riba) has a conflict of interest policy in place as well as board independence, family/business relationship survey. Annually each board member & key employee is required to disclose if there are any conflicts. The board reviews the disclosures and takes whatever action it feels is needed to resolve the conflict.”

“The officers are not compensated.”

“The organizational governing documents, financial statements and form 990 are available upon request to the general public.”

“The rhode island bankers association will serve as the sole rhode island based organization serving the banking industry and will advocate for its member institutions and participate alongside other new england banking industry associations in order to fulfill the following goals: - provide strong governance and advocacy for the benefit of its members; - maintain a high level of participation from the banking community; - remain actively engaged in statewide, regional and national issues for the benefit of its members. Maintain strong working relationships with the american bankers association and nearby state banking associations; - provide access to its members to the state of rhode island legislative branch, executive branch offices and state agencies; - continue to provide educational, informational and networking opportunities to its members; - maintain and provide transparent data and facts regarding the collective accomplishments of its members to the community at large; - operate the association in a viable financial manner while maintaining a reasonable dues structure for its members.”