Important COVID-19 Update: All branch locations are open for in-person lobby transactions with capacity limits. We continue to offer Drive Up Banking, ATM/PTM Banking and Bank By Appointment. Learn More. For additional PPP Loan information please Click Here.
"Hello, I'm Jack Murphy."
New President & CEO
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.
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.
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.
BankNewport In the News
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
BankNewport’s “Kind Souls, Full Bowls” Campaign Raises more than $7,500 for Rhode Island Community Food Bank
March 9, 2021
NEWPORT, R.I. (March 1, 2021) – BankNewport is pleased to announce that “Kind Souls, Full Bowls”, a campaign to raise awareness about food insecurity in Rhode Island, generated$7,535.00 for the Rhode Island Community Food Bank. From January 18th through February 14th, members of the community were encouraged to make a contribution to the Food Bank […]READ MORE
February 26, 2021
NEWPORT, R.I. (February 23, 2021) – BankNewport is pleased to announce that its philanthropic efforts in 2020 resulted in $1.47 million awarded to over 300 nonprofits in Rhode Island. The donations include all grants and sponsorships, as well as additional community contributions from local branches. BankNewport has contributed more than $4 million to local nonprofits […]READ MORE
February 10, 2021
NEWPORT, R.I. (February 8, 2021) – BankNewport was recently recognized by the Small Business Administration’s Rhode Island district office as the top 504 3rd Party Lender of the Year for Fiscal Year 2020 during a virtual presentation. BankNewport has earned this distinction nine out of the last ten years. “We are proud to receive this […]READ MORE
January 15, 2021
NEWPORT, R.I. (January 15, 2021) – BankNewport and the Rhode Island Community Food Bank are teaming up for a new campaign to raise awareness about food insecurity in Rhode Island. From January 18th through February 14th, “Kind Souls, Full Bowls” will encourage members of the public to make a contribution to the Food Bank to […]READ MORE
BankNewport Partners with College Ave Student Loans to Create Financing Options for Higher Education
January 15, 2021
Newport, RI. (December 1, 2020) – BankNewport, one of the country’s oldest community banks, has partnered with College Ave Student Loans, a leading student loan fintech lender, to offer its customers student loan and student loan refinance products for the first time. Now, through its partnership with College Ave, BankNewport will be able to offer […]READ MORE
January 15, 2021
Four Newport Organizations Receive Aid NEWPORT, R.I. (December 28, 2020) – BankNewport is pleased to announce that it has awarded $130,000 in grants to community organizations throughout Rhode Island. Twenty-five organizations that provide services related to food insecurity, mental health, distance learning, minority-owned small business, and underserved populations received the funding. “We are humbled to […]READ MORE
January 15, 2021
NEWPORT, R.I. (December 28, 2020) – BankNewport is pleased to announce that it has awarded $255,000 in proactive year end funding to dozens of community organizations throughout Rhode Island to aid in their efforts to support those in need. “We are humbled to have the opportunity to provide these proactive grants and donations to these […]READ MORE