Partnering with CommerceRI, LISC, and the Rhode Island Hospitality Association
We are so proud to have the opportunity to partner with CommerceRI, LISC, and the Rhode Island Hospitality Association for this important program which will provide much-needed short term financial assistance to the backbone of our local economy – small businesses and restaurants,” stated Leland R. Merrill, Jr., Chief Operating Officer/Chief Lending Officer.
In BankNewport’s more than 200 year history, there is no better time to demonstrate our commitment to our neighbors than during this crisis. It is uplifting to know that so many in our great state have taken up the charge to help those in need. BankNewport will continue to make every effort to help our customers and communities regain financial stability and thrive.
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 18 branch locations, with commercial lending offices in Cumberland and Providence.
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.