We empower you to meet your financial goals with the expertise and suite of services we've designed with you in mind.
As a trusted business partner, we invest in local businesses. When they thrive, it helps our great state's economy grow and prosper.
For 200 years, we have been supporting those in need by giving back to local charitable organizations and investing in community development.
THE KEY TO EDUCATION IS BNWISE
BankNewport's financial education program, BNWise, offers the knowledge and skills you need to make the best financial decision for you or your family.
INSURING YOUR MOST VALUABLE ASSETS
Insurance programs to cover any number of personal and business assets with a dedicated staff providing excellent, custom service to give you peace of mind. Protect your home, your business, your vehicles, and more.
OceanPoint Marine Lending
EXPERIENCED MARINE FINANCING
Present or future boaters can find personalized marine financing programs for new and used boats and refinancing for existing boat loans. Competitive rates, dedicated buyer support, quick access to funds, and more.
OceanPoint Investment Solutions
comprehensive financial services
Our advisors will work with you to create a powerful portfolio designed to help guide all typed of investors towards financial well-being.
BankNewport In the News
August 5, 2021
New initiative will uplift Rhode Island communities through a collection drive and simple acts of kindness Newport, RI – (August 3, 2021) – To further its commitment to the communities in which it operates, BankNewport is proud to announce “Kind Heart Fresh Start,” a charitable campaign designed to engage customers, employees, and the public to […]READ MORE
July 20, 2021
Students at William S. Rogers, Portsmouth High School and West Warwick High School received a $1,000 scholarship NEWPORT, R.I. (July 16, 2021) – BankNewport, one of the country’s longest-standing community banks whose hallmark is its dedication to the communities it serves, has awarded its Financial Education Scholarship to four local high school graduates as part […]READ MORE
July 15, 2021
Funds benefit a variety of industries, causes and communities from healthcare, to food insecurity, underserved populations and education NEWPORT, R.I. (July 13, 2021) – BankNewport is pleased to announce that it recently distributed $212,000 in grants focused on food insecurity, health services, education and skills training, and underserved populations, in support of nonprofits that had […]READ MORE
July 7, 2021
NEWPORT, R.I. (June 25, 2021) – BankNewport is pleased to announce that Irene Mendez has joined its Residential Lending team as a Community Lending Officer. In her new role, Mendez facilitates the loan process for clients, including first-time homebuyers, reviewing their credit reports, income and assets information, and advising on loan products that best fit […]READ MORE
June 25, 2021
Annual Fair part of overall 2021 BNWise impact on Rhode Island schools Rogers High School students collaborating on the completion of a BNWise Financial Education Fair assignment. NEWPORT, R.I. (June 24, 2021) – BankNewport hosted a Virtual Financial Education Fair for students at West Warwick, Portsmouth and Rogers High School in Newport, who participated […]READ MORE
Newport Hospital Receives $25,000 Grant from BankNewport to Support Expansion of Vanderbilt Rehabilitation Center
June 4, 2021
Funds will help the hospital more than double the space of its award-winning inpatient rehab program NEWPORT, R.I. – Newport Hospital has received a major gift in support of a project that will transform the inpatient program at its award-winning Vanderbilt Rehabilitation Center. BankNewport has awarded the hospital a $25,000 grant to help expand the […]READ MORE
$30,000 Grant from BankNewport Advances RI Marine Trades Association Foundation’s Fiberglass Vessel Recycling Pilot Project
May 27, 2021
NEWPORT, R.I. (May 13, 2021) – BankNewport and its OceanPoint Marine Lending division is pleased to announce that a $30,000 grant it awarded to the Rhode Island Marine Trades Association Foundation (RIMTA Foundation) has played a key role in the advancement of the Rhode Island Fiberglass Vessel Recycling Pilot Project. The project addresses the significant […]READ MORE
May 4, 2021
NEWPORT, R.I. (May 3, 2021) – BankNewport is pleased to announce that David J. Costa has been named Vice President and Portfolio Relationship Manager in the Commercial Lending Group. In his position, Costa proactively supports commercial lenders in managing existing portfolio customers and assists with new customer acquisition activities, resolving issues, and managing the credit […]READ MORE
April 29, 2021
NEWPORT, RI (April 28, 2021) – BankNewport announced its accomplishments for 2020 at the annual meeting of OceanPoint Financial Partners (the “Company”), the mutual holding company of BankNewport, held via proxy vote on Monday, April 26, 2021. At year-end, total assets increased to a record-high of $2 billion, from its banking, marine lending, and wealth […]READ MORE
March 23, 2021
NEWPORT, R.I. (March 22, 2021) – OceanPoint Financial Partners, MHC and BankNewport Chairman of the Board, Peter Capodilupo, announced today that John F. (Jack) Murphy will succeed Sandra J. Pattie as president and chief executive officer of both the Mutual Holding Company and the Bank, effective May 17, 2021. “We are delighted to welcome Jack […]READ MORE