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BankNewport Announces Senior Credit Analyst Appointment

11.25.19

NEWPORT, R.I. (November 25, 2019) – BankNewport is pleased to announce that Adam A. Jrida, of Pawtucket, Rhode Island, has been appointed vice president, senior credit analyst. He will be responsible for performing credit analysis and underwriting of all commercial loan requests, including credit risk monitoring and annual loan reviews.

Adam joins BankNewport from Santander Bank US in Providence where he served as credit officer. Formerly he was a credit analyst with Bank of America in Boston, Massachusetts.

Adam earned a Bachelor of Arts in English from Rhode Island College in Providence, and he holds a Master of Business Administration in Accounting from Johnson & Wales University.

About BankNewport
Founded in 1819 and headquartered in Newport, BankNewport offers a full suite of loan and deposit products and services for families and businesses throughout Rhode Island.  With $1.7 billion in assets, BankNewport is one of the oldest community banks in the United States and, as a mutual organization, is committed to the financial success of its customers, employees and communities. BankNewport has 17 branch locations, with commercial lending offices in Cumberland and Providence. The Bank’s 18th branch is anticipated to open in Johnston, Rhode Island by year end.

BankNewport business lines include OceanPoint Marine Lending, specializing in consumer marine and recreational vehicle financing programs, and OceanPoint Insurance, a Trusted Choice independent insurance agency, providing a broad range of property casualty insurance products, including financial services and marine related insurance products.