Narragansett Bancorp, Inc.

企業プロフィール

Narragansett Bancorp, Inc. is a Maryland corporation and the mid-tier stock holding company for BayCoast Bank, a Massachusetts-chartered savings bank headquartered in Swansea, Massachusetts and originally chartered in 1851. BayCoast Bank operates a main office and 25 full-service branches across Massachusetts and Rhode Island, plus two loan production offices. It takes deposits and invests them in commercial real estate, multi-family, one- to four-family residential, home equity, commercial business, construction and consumer loans, and in securities. Fee-based subsidiaries include BayCoast Mortgage, Plimoth Investment Advisors (investment management and trust), BayCoast Insurance, Priority Funding (manufactured home loans) and Stack Ally (data integration and automation). The company completed its minority stock offering in November 2026. Narragansett Financial Corporation, a mutual holding company, owns 55% of the shares, public stockholders 43% and the BayCoast Charitable Foundation 2%.