News & Happenings

NEWPORT, R.I. (May 9, 2025) – BankNewport is proud to announce the launch of SHOP401™, a new marketing initiative across Rhode Island designed to uplift small businesses by encouraging Rhode Islanders to shop local. As the #1 SBA lender in Rhode Island, BankNewport continues its legacy of local investment by helping business customers grow, thrive, […]

NEWPORT, RI (May 8, 2025) – BankNewport has awarded a $23,000 grant to Child & Family, a leading social service agency based in Newport, RI, to support its Supportive Housing Program, which provides safe housing and wraparound case management for families experiencing homelessness. The grant will directly support the agency’s efforts to stabilize families through […]

NEWPORT, R.I. (April 30, 2025) – OceanPoint Financial Partners, MHC, the mutual holding company of BankNewport, announced the election of one new member to its board of trustees and seven new corporators during the organization’s annual meeting held on Monday, April 21, 2025. “We are excited to welcome this year’s newly elected trustee and corporators, […]

NEWPORT, RI (April 24, 2025) – BankNewport proudly announced its accomplishments for 2024 at the annual meeting of OceanPoint Financial Partners, MHC (the “Company”), the mutual holding company of BankNewport, held on Monday, April 21, 2025. Branch deposits continued to grow and now stand at $2.27 billion at year’s end. BankNewport’s lending teams originated approximately […]

NEWPORT, RI (April 14, 2025) – BankNewport is pleased to announce that Diana Figueroa has been named vice president, community lending officer. In her new role, Figueroa is responsible for helping individuals—particularly those in underserved or low-to-moderate income communities—gain access to affordable home loans. She assists clients throughout the mortgage process, from application to documentation, […]

NEWPORT, RI (April 14, 2025) – BankNewport is pleased to announce the appointment of Julio Jimenez as vice president, branch manager of the Bank’s Providence Branch at 5 South Angell Street. He will be responsible for branch operations, customer experience, and team development. Jimenez brings extensive experience in the financial services industry to his new position, most recently with Santander […]

NEWPORT, RI – The Newport Historical Society (NHS) continues to build momentum in the development of its Center for Black History at the Wanton- Lyman-Hazard House, which is on track to open in the summer of 2026. Representatives from BankNewport–a key community partner who donated $100,000 to the project–visited the site today to present a […]

NEWPORT, RI (April 9, 2025) – BankNewport has awarded a $4,000 grant to the Boys & Girls Club of Pawtucket to support its Out-of-School Time (OST) program, which delivers high-quality academic, social-emotional, and enrichment opportunities to youth aged 5 to 18 from Pawtucket, Central Falls, and surrounding communities. The program serves more than 300 youth daily, providing […]

NEWPORT, RI (April 3, 2025) – BankNewport has awarded a $15,000 grant to the Genesis Center in Providence, RI, to support its Bridges to Career Opportunities (BCO) program, which provides career-specific education, financial coaching, and workforce development services for low-income individuals in Rhode Island. The funding will help expand training in high-demand fields such as […]

MINNEAPOLIS — Elan Credit Card today announced $250,000 in donations across 25 communities through its philanthropic initiative, the Elan Charitable Giving program. Each $10,000 donation was given to a local organization selected by an Elan Credit Card partner. As one of this year’s distinguished recipients of the Elan Charitable Giving program, BankNewport has been recognized […]

Newport, RI – (February 3, 2025) – BankNewport is pleased to announce that its 2024 philanthropic efforts resulted in over $1.6 million in giving and more than 10,000 employee volunteer service hours throughout Rhode Island.  The funding was inclusive of charitable grants, contributions, community event sponsorships and branch donations.  Over 400 organizations throughout the state […]

NEWPORT, R.I. – (December 23, 2024) – BankNewport is pleased to announce that Christine Hayes has been named vice president, business development manager. In her new role, Hayes will oversee business development activities, ensuring that both business and consumer client relationships are developed and expanded throughout the Bank. “We are thrilled to have Christine take […]

Portsmouth, RI – Today, the Eastern Rhode Island Conservation District (ERICD) announced it was awarded a $5,000 grant from the BankNewport Charitable Foundation to build and install a door on the Portsmouth AgInnovation Farm (AgInnovation) tractor shed. “Having the tractor on the farm has been such a big help for everyday chores,” says Sara Churgin, […]

NEWPORT, RI (December 17, 2024) – BankNewport is proud to announce the promotion of Eric Weiner to vice president, residential loan officer, inside sales. In this role, Weiner will oversee and expand the Bank’s online support channels for new mortgage applications and home equity loan products. His efforts will enhance accessibility for customers and contribute […]

NEWPORT, RI (December 16, 2024) – BankNewport is pleased to announce the appointment of Thomas Bailey as vice president, credit administration manager. In this role, Bailey will oversee the day-to-day operations of the Bank’s Credit Administration team and partner proactively with the Commercial Lending team and other departments to ensure continued excellence in credit quality […]

Newport, RI – (December 13, 2024) – BankNewport is proud to announce year-end contributions of more than $28,000 to nonprofit organizations across Rhode Island to support essential areas such as food security, housing, and human services, ensuring a brighter holiday season for families in need. BankNewport employees also participated in a meal-packaging project with the […]

NEWPORT, R.I. (December 5, 2024) – BankNewport has once again been recognized by the U.S. Small Business Administration’s (SBA) Rhode Island District Office for its exceptional performance in small business lending. During the annual SBA Rhode Island Lender Awards Breakfast on December 5, BankNewport was named Rhode Island 7(a) Lender of the Year, Rhode Island […]

NEWPORT, RI – (November 14, 2024) – BankNewport has once again earned a place on American Banker’s list of the Best Banks to Work For in 2024, organized annually by the Best Companies Group. The survey and awards program is designed to identify and honor banks with the best cultures for helping employees thrive. This […]

Newport, RI – (November 12, 2024) – The BankNewport Charitable Foundation is pleased to announce the recipients of its Fall 2024 grants. These grants will support over 45 organizations throughout Rhode Island that assist with arts and culture, basic needs, children and families, economic security, education, food security, healthy lives, and housing. “BankNewport is proud […]

Newport, RI – (November 7, 2024) – As part of its All In Giving program, BankNewport is pleased to announce that its “Kind Heart Fresh Start” campaign to benefit Amenity Aid, Rhode Island’s only hygiene bank, resulted in the collection of more than 1,000 essential hygiene products for Rhode Islanders in need. From September 16th […]

Newport, RI – (October 28, 2024) – BankNewport representatives recently joined students and teachers at The Learning Community’s Exploratorium, an afterschool and summer program that provides Science, Technology, Engineering, Arts, and Math (STEAM) education to students in Central Falls, Pawtucket, and Providence. The program aims to restore pre-pandemic levels of engagement and continues to bridge […]

NEWPORT, RI – September 16, 2024 – BankNewport is proud of its history of support for the Aquidneck Community Table (ACT), including their latest $2,500 sponsorship for the 2024 Kids Garden Program, which engages children in learning about healthy dietary habits and environmental stewardship through hands-on gardening activities. In partnership with the Dr. Martin Luther […]

NEWPORT, R.I. – (September 25, 2024) – BankNewport is pleased to announce that Denise M. DiDonato has been named senior vice president, chief credit risk officer. In this role, DiDonato will have overall responsibility for the soundness of the Bank’s credit policies and portfolios and guide policy for all lines of business, with a focus […]

Newport, RI – (September 16, 2024) – BankNewport is pleased to announce the return of its “Kind Heart Fresh Start” campaign to benefit Amenity Aid, Rhode Island’s only hygiene bank, providing essential hygiene products to Rhode Islanders in need. From September 16th through 28th, BankNewport customers and the public are invited to help meet one […]

NEWPORT, R.I. ( August 20th 2024) – OceanPoint Investment Solutions is pleased to announce that Kerry E. Wilson has joined LPL Financial as a financial advisor.  Mr. Wilson brings more than a decade of financial service industry experience to his new role, in which he will work directly with customers to create a customized financial […]

NEWPORT, RI – August 23, 2024 – BankNewport is excited to announce the reopening of its completely renovated and modernized Middletown, Rhode Island branch located at 528 West Main Road.  The branch opened its doors to the public on August 13th, kicking-off a weeklong celebration of activities and events for customers and visitors, highlighting the […]

NEWPORT, R.I. (August 6, 2023) – BankNewport is pleased to announce that Daniel Tougas has been named vice president, branch manager of the Bank’s Newport branch at 10 Washington Square.  He is responsible for branch operations, customer service, and team development. Tougas joined BankNewport in 2017 and has held various positions, most recently serving as […]

NEWPORT, RI (August 6, 2024) – BankNewport is pleased to announce the appointment of Justin Mendoza to vice president, branch manager of the Bank’s Barrington office located at 330 County Road.  In his new role, Mendoza will be responsible for branch operations, customer experience, and team development. Justin joined BankNewport in 2016, most recently serving […]

NEWPORT, RI – July 31, 2024 – BankNewport CEO Jack Murphy recently joined Project GOAL Co-Founders Darius Shirzadi and Peter Whealton for a visit to Moses Brown School in Providence, where Project Goal youth were participating in their summer academic and soccer programming sessions. Project GOAL is a local nonprofit organization dedicated to inspiring academic achievement and […]

NEWPORT, RI (July 29, 2024) – BankNewport is pleased to announce that Jennifer Konen has been promoted to vice president, branch manager of the Bank’s Stone Bridge office at 1740 Main Road in Tiverton. In her new role, she will be responsible for branch operations, customer service, and team development. Konen joined BankNewport in 2017 […]

NEWPORT, RI – July 16, 2024 – BankNewport CEO Jack Murphy recently joined representatives from the Jamestown Philomenian Library to celebrate the completion of the Library’s renovation and expansion project, a significant community investment to modernize the Library and enhance its capacity to serve all residents. The Bank provided a $50,000 grant in support of the […]

NEWPORT, RI (June 13, 2024) – BankNewport is pleased to announce that Michael Vanasse has been named vice president and branch manager of the Bank’s Providence office located at 5 South Angell Street. In his new role, Vanasse will be responsible for branch operations, customer experience, and team development.  His leadership and financial expertise will […]

NEWPORT, RI (June 13, 2024) – BankNewport is pleased to announce the appointment of Annisha Vasquez to vice president, community development officer. In her new position, Vasquez will be responsible for developing, implementing, and administering many strategic aspects of the Bank’s Community Reinvestment Act Program, through banking relationships with community-based, charitable, and nonprofit organizations.  She […]

Newport, RI – (May 28, 2024) – The BankNewport Charitable Foundation is pleased to announce that it has awarded $396,000 in grants to over 40 organizations throughout Rhode Island to support their work in the areas of basic human needs and food insecurity, education and workforce training, healthy lives, and arts and culture. “Since our […]

NEWPORT, R.I. (May 22, 2024) – BankNewport is pleased to announce the appointment of Murray Charron as vice president, senior commercial loan officer. Charron brings more than 25 years of experience in commercial lending, client management, and strategic portfolio expansion to his new role at BankNewport.  His primary focus will be to drive the growth […]

CENTRAL FALLS, R.I. (May 17, 2024) – BankNewport celebrated the opening of its new Community Lending Center in Central Falls at 757 Broad Street with an official ribbon cutting ceremony on May 16th. BankNewport President and CEO Jack Murphy presided over the ceremony with City of Central Falls Mayor Maria Rivera, BankNewport Board Chairman Peter […]

NEWPORT, R.I. (May 2, 2024) – BankNewport is pleased to announce that Jennifer Hyde has been promoted to senior vice president, head of marketing.  In her new role, Hyde will oversee the planning, development and execution of the Bank’s marketing and advertising strategy across its brand family, including OceanPoint Investment Solutions and OceanPoint Marine Lending. […]

NEWPORT, RI (May 1, 2024) – BankNewport proudly announced its accomplishments for 2023 at the annual meeting of OceanPoint Financial Partners (the “Company”), the mutual holding company of BankNewport, held on Monday, April 22, 2024.   Branch deposits continued to grow and now stand at $2.14 billion at year’s end.   BankNewport’s lending teams originated […]

NEWPORT, R.I. (May 1, 2024) – BankNewport is pleased to announce that Enrica Sabino has been named vice president, branch manager of the Bank’s Johnston office located at 1423 Hartford Avenue.  In her new role, Sabino will be responsible for branch operations, customer experience, and team development.  Prior to joining BankNewport, Sabino was banking center […]

NEWPORT, R.I. (April 25, 2024) – BankNewport representatives recently enjoyed visiting Save The Bay’s new Hamilton Family Aquarium, a modern beacon of marine education and conservation in Newport, Rhode Island. Through its charitable efforts, BankNewport awarded a grant for the Kids’ Zone within the aquarium, an area designed to ignite the curiosity of young visitors […]

NEWPORT, R.I. (April 10, 2024) – BankNewport is pleased to announce that Evan Rose has been promoted to vice president, premier banking manager. Rose has been with the Bank for over 14 years, having held several leadership and management positions within the Retail Group, most recently as vice president, retail sales support manager, where he […]

NEWPORT, R.I. (February 21, 2024) – The Dr. Martin Luther King, Jr. Community Center recently held a ribbon-cutting ceremony for its newly renovated facility at 20 Dr. Marcus Wheatland Boulevard in Newport, RI, marking the culmination of 13 months of construction. This significant milestone not only honors the legacy of Dr. King, but also signifies […]

Visitors can write and send postcards of kindness either to loved ones and community members in need NEWPORT, R.I. (February 14, 2024) – This February, the power of kind words takes a tangible form at Garden City Center in Cranston, RI. Sponsored by BankNewport, the “Heartwarming” event and art installation encourages community members to express […]

NEWPORT, R.I. (January 17, 2024) – BankNewport is pleased to announce that its 2023 philanthropic efforts resulted in over $1.6 million in giving and over 10,000 employee service hours throughout Rhode Island. The funding was inclusive of charitable grants, contributions, community event sponsorships and donations through its local Bank branches. Over 400 organizations were impacted by […]

PROVIDENCE – BankNewport recently received an $850,000 grant from the Federal Home Loan Bank of Boston, which it will use to provide construction financing for affordable apartments in Portsmouth.   The grant is part of an overall $37 million in grants, loans and interest- rate subsidies from FHLBank Boston to support 29 affordable housing initiatives […]

Newport, RI – (December 19, 2023) – As part of its All In Giving program, BankNewport is pleased to announce that it recently awarded over $115,000 in grant funds to 31 organizations throughout Rhode Island that focus on areas of need including basic needs and food insecurity, education and workforce development, children and families, arts […]

NEWPORT, R.I. (December 8, 2023) – BankNewport was recently recognized by the U.S. Small Business Administration’s Rhode Island district office as the top 504 Third Party Lender of the Year for Fiscal Year 2023. BankNewport has earned this distinction for six consecutive years, and 12 of the last 13 years.   “BankNewport’s legacy of over […]

NEWPORT, R.I –  December 11, 2023 –  BankNewport is proud to announce a $25,000 grant toward the establishment of El Centro, a transformative one-stop supportive community center designed to address critical needs within the Central Falls, RI community. El Centro aims to provide comprehensive support for residents, focusing on essential areas such as food and […]

NEWPORT, R.I. (December 6, 2023) – BankNewport is pleased to announce that Patrick Laundry has been named senior vice president, director of business intelligence & strategic planning. In his new role, Laundry will be responsible for the development, delivery, and coordination of analysis of bank data, market trends, and the competitor landscape to inform strategic […]

NEWPORT, RI – (November 22, 2023) – BankNewport was today named one of the 2023 Best Banks to Work For by American Banker magazine as part of its annual list organized by the Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees.   On the 2023 list, BankNewport […]

NEWPORT, R.I – November 8, 2023 – Grants extended by BankNewport this past spring helped support various nonprofit organizations during the summer and early fall months to serve those facing food insecurity in communities around Rhode Island. Grants included $10,000 to Meals on Wheels Rhode Island in Providence; $10,000 to FabNewport in Newport; $10,000 to […]

NEWPORT, R.I.  (November 1, 2023) – As part of its All In Giving program, BankNewport is pleased to announce that its “Kind Heart Warm Soles” drive to benefit organizations serving Rhode Island’s unhoused population resulted in the collection of over 1,800 pairs of new adult and children’s socks from its employees and members of the […]

NEWPORT, R.I. (October 24, 2023) – BankNewport is pleased to announce that George D. Duarte, Jr. has been named Senior Vice President, Director of Business Banking. Duarte collaborates closely with commercial lenders, branch managers, and residential mortgage originators to drive substantial growth, while upholding stringent credit quality standards and safeguarding the Bank’s profitability margins. Duarte […]

NEWPORT, R.I. (October 18, 2023) – BankNewport is pleased to announce that Kyle A. Martin has been promoted to Vice President, Director of Compliance.  In his new position, Martin will be the internal consultant to management and business lines throughout the organization related to the Bank’s Compliance Management Program.   He has also been appointed the Bank’s […]

Newport, RI – October 4, 2023 – BankNewport recently awarded a $2,000 grant to the South County Museum in Narragansett, to support their partnership with Camp Fuller, the renowned summer camp of the Greater Providence YMCA. The South County Museum cares for and displays over 20,000 unique objects that encourage exploring Rhode Island’s rich and […]

NEWPORT, R.I.  (September 20, 2023) – BankNewport  is pleased to announce that it has opened its first location in Lincoln, at 1 Wake Robin Road, the bank’s 19th branch in Rhode Island. A ribbon-cutting ceremony with Town Administrator Phillip Gould, the Northern Rhode Island Chamber of Commerce’s President & CEO Liz Catucci, and BankNewport representatives […]

NEWPORT, R.I.  (September 18, 2023) – BankNewport President & CEO Jack Murphy and Preservation Society of Newport County CEO & Executive Director Trudy Coxe recently experienced an immersive tour of the spectacular “Nature Connects” LEGO sculpture exhibition by renowned artist Sean Kenney at the picturesque Green Animals Topiary Garden in Portsmouth. BankNewport was one of […]

Portsmouth, RI – Sun shading has been installed to enhance learning at the Portsmouth AgInnovation Farm’s outdoor classroom with funding from BankNewport. The sun shading provides a safe outdoor space for children to study science and learn-by-doing. “We are thrilled to support the Portsmouth AgInnovation Farm’s mission to foster STEAM education through hands-on learning,” said […]

Newport, RI – August 30, 2023 – BankNewport has awarded the Pocasset Pokanoket Land Trust a grant for the Indigenous Roots Forever Food Access Program. The program builds backyard gardens for Indigenous families and then trains the families in caring for those gardens using traditional practices. It is the brainchild of Musquant Nompashim Netas (aka Irving “Rocky” Johnson), […]

NEWPORT, R.I. – (August 3, 2023) – BankNewport is pleased to announce that Violet Krikorian has been named vice president, mortgage loan officer at the Cranston branch located at 4000 Chapel View Blvd.  A 35-year veteran of the mortgage industry, she is responsible for assisting first time buyers and experienced real estate investors to secure […]

NEWPORT, R.I. – (August 3, 2023) – BankNewport is pleased to announce that Cheryl Bonvegna has been named vice president, small business lending underwriter of the Credit Administration department.  In this new position, Bonvegna will be responsible for the underwriting flow of small business loans for the Bank’s Small Business Lending Program. Bonvegna possesses over […]

Newport, RI – (July 18, 2023) – As part of its All In Giving program, BankNewport is pleased to announce that it recently awarded over $505,000 in grant funds to organizations throughout Rhode Island that focus on areas of need including food insecurity, education and workforce development, arts and culture, healthy lives, and underserved populations. […]

NEWPORT, R.I. (July 26, 2023) – BankNewport is pleased to announce that Antone Franco has been named vice president, branch manager at the Tiverton branch located at 614 Main Road.  He is responsible for branch operations, customer service, and team development. Prior to joining BankNewport, Franco was branch manager at Santander Bank in Middletown, Rhode […]

NEWPORT, R.I. – (July 11, 2023) – BankNewport is pleased to announce that Paul Levitre has been named vice president, loss mitigation manager of the Credit Administration department.  Levitre has more than 35 years of credit and collection experience.  In his new role he is responsible for the success of the Bank’s loss mitigation program […]

NEWPORT, R.I. – (June 29, 2023) – BankNewport is pleased to announce that Gina DeSantis has been named vice president, retail lending underwriting manager.  She is responsible for providing support, guidance and leadership to a team of loan processors and underwriters as they make lending decisions on residential mortgages and home equity loan products. DeSantis […]

NEWPORT, R.I. – (June 28, 2023) – BankNewport is pleased to announce that Kathleen A. Charbonneau has been promoted to senior vice president, director of community relations and charitable giving.  She serves as the Bank’s primary resource for all community relations, public relations, and philanthropic initiatives, including the BankNewport Charitable Foundation. “We are so thrilled […]

NEWPORT, R.I. (June 12, 2023) – BankNewport is pleased to announce that Vice President, Business Development Officer Jon Richmond was named the Rhode Island Financial Services Champion of the Year by the U.S. Small Business Administration. Richmond and his fellow award winners were celebrated at a luncheon at Quidnessett Country Club in North Kingstown recently. […]

NEWPORT, R.I.  (May 16, 2023) – OceanPoint Financial Partners, MHC, the mutual holding company of BankNewport, recently announced the election of nine new Corporators for the organization. “We are happy to welcome our new Corporators, who will play an essential role in promoting our mission and vision,” said Jack Murphy, President and CEO, OceanPoint Financial […]

NEWPORT, RI (April 28, 2023) – BankNewport proudly announced its accomplishments for 2022 at the annual meeting of OceanPoint Financial Partners (the “Company”), the mutual holding company of BankNewport, held on Monday, April 24, 2023.  The Company reached record-highs in assets, total loans, deposits and revenue at year-end. BankNewport’s lending teams originated approximately $800 million […]

NEWPORT, R.I. – (May 25, 2023) – BankNewport is pleased to announce that Carlos Cabral has been named vice president, branch manager for the Bank’s new Lincoln branch at 3 Wake Robin Road (Wake Robin Square) scheduled to open in July 2023.  In his role, he will be responsible for branch operations, customer service, and […]

NEWPORT, R.I. (May 25, 2023) – BankNewport is pleased to announce that Shawn Duarte has been named vice president, retail training manager.   In his role, his team is responsible to ensure the flawless delivery of our customer service standards and employee development through new hire training, relationship banker development, and the Retail Development Management Program. […]

NEWPORT, R.I. (May 25, 2023) – BankNewport is pleased to announce that Brian Cunningham has been named vice president, branch manager of the Jamestown branch at 31 Conanicus Avenue. In his new role, he is responsible for customer service, branch operations and team development. Cunningham joined BankNewport in 2014 and has served in various positions, […]

NEWPORT, R.I. (May 25, 2023) – BankNewport is pleased to announce that Kevin Medeiros has been named vice president, director of information technology. He is responsible for the overall operations of the infrastructure department and assuring an efficient, secure, and seamless delivery of IT services and support. Prior to his new role, Medeiros worked at […]

NEWPORT, R.I. (May 25, 2023) – BankNewport is pleased to announce that Patricia McCutcheon has been named vice president, director of operations for OceanPoint Marine Lending, a business line of the Bank.  She is responsible for managing the operations of the Marine and Recreational Lending division, including loan processing, loan closing and the onboarding of […]

NEWPORT, R.I. (May 3, 2023) – BankNewport is pleased to announce that Angela Biederman has been named vice president, branch manager of the East Greenwich branch at 1000 Division Road.  In her new role, Biederman is responsible for customer service, branch operations and team development. Biederman has been working in retail banking since 2011, and […]

NEWPORT, R.I. (May 3, 2023) – BankNewport is pleased to announce that Karen Xavier-DaCunha has joined the bank as a residential loan mortgage officer.  In her new role, she will identify and develop residential loan opportunities and consult with current and future homeowners to evaluate and determine programs best suited to their individual needs. Prior […]

NEWPORT, R.I. (May 3, 2023) – BankNewport is pleased to announce that Kristen Folloni has been named vice president, fraud, and security officer.  In her new role, Folloni is responsible for overseeing the Bank’s Fraud Risk Management Program, as well as managing the Security Program. Prior to joining BankNewport, Folloni was security and facilities officer […]

NEWPORT, R.I. (May 3, 2023) – BankNewport is pleased to announce that Tony Brum has been named vice president, commercial lending officer. He is responsible for deepening existing relationships and generating new business within Rhode Island and Southeastern Massachusetts companies in the commercial real estate and industrial space. Brum brings more than 20 years of […]

NEWPORT, R.I. (April, 2023) – BankNewport is pleased to announce that Kevin Lewis has been named vice president, business and commercial lending officer. He is responsible for deepening existing relationships and generating new business within Rhode Island and Southeastern Massachusetts companies in the commercial real estate and industrial space. Lewis brings more than 15 years […]

NEWPORT, RI – March 2, 2023 – BankNewport representatives recently visited Hope & Main, based in Warren, to highlight a $10,000 grant previously awarded through the Bank’s All In Giving program in support of  Nourish Our Neighbors, an innovative program that provides meals prepared by local food businesses to support vulnerable populations. Lisa Raiola, Founder […]

NEWPORT, R.I. (February 17, 2023) – BankNewport is pleased to announce that Pamela LaBreche has been named vice president, business and commercial lending officer.  In her new role, LaBreche is responsible for working with the Bank’s branch managers, residential lending officers, merchant services and cash management partners to assist business clients throughout Rhode Island in […]

NEWPORT, R.I. (February 7, 2023) – BankNewport is pleased to announce that Steven Carneiro has been named vice president, commercial loan officer.  He will be responsible for developing new and growing existing commercial relationships throughout the Bank’s footprint, and working closely with banking service partners.   Prior to his new role, Carneiro was vice president, business […]

Over $1.7 Million in funding support includes a Year-End $100,000 Donation to the RI Community Food Bank NEWPORT, R.I. (February 2, 2023) – BankNewport is pleased to announce that its 2022 philanthropic efforts resulted in over $1.7 million awarded to over 400 organizations and over 8,500 service hours performed by employees.  The funding was inclusive of charitable […]

NEWPORT, R.I. (February 1, 2023) – BankNewport is pleased to announce that Oscar Joaquim has been named president of OceanPoint Marine Lending (OPML), a division of BankNewport. In his new role, Joaquim will be responsible for the marine lending division.   “Founded and headquartered in the ‘City by the Sea,’ it should come as no […]

NEWPORT, R.I. (January 10, 2023) – BankNewport is pleased to announce that Mark Moreau has been named vice president, commercial lending. In his new position, Moreau is responsible for developing commercial loan production and cross sell opportunities, managing commercial loan portfolios, and supporting the Bank’s lending department in conformance with its policies and procedures. Prior […]

NEWPORT, R.I. (January 5, 2023) – BankNewport is pleased to announce that Alison K. Hanson has been named vice president, retail operations team lead. In her new position, Hanson oversees the daily activities of the Retail Administration Department as well as the development and maintenance of the branch procedure manual and collaborates with CRM end […]

NEWPORT, R.I. (January 5, 2022) – BankNewport is pleased to announce that Brennon Viola has been named cash management sales and service officer. In his new position, Viola provides tailored solutions to the Bank’s business clients, helping to mitigate risk and improve cash flow. Prior to his new role, Viola was a branch manager, and […]

NEWPORT, R.I. (January 5, 2023) – BankNewport is pleased to announce that Brian Sousa has been named vice president and manager of the Warren branch. In his new position, Sousa will be responsible for providing excellent customer relations; leading, coaching, and developing a team of successful branch professionals; and maintaining a strong community presence. Prior […]

NEWPORT, R.I. (January 5, 2023) – As part of its All In Giving program, BankNewport is pleased to announce that its “Kind Heart Fresh Start” drive to benefit organization’s serving Rhode Island’s homeless population resulted in the collection of hundreds of pieces new bedding, including pillows, pillowcases, pillow protectors, twin and full-size sheet sets, and […]

Providence, R.I. (December 21, 2022) – Leaning into an innovative opportunity to better their organizations and in turn strengthen the ability of the state’s nonprofit sector to serve Rhode Islanders, a group of 11 nonprofit leaders recently completed United Way’s Executive Director Learning Circle program. The fellows spent a year in the program, and their […]

NEWPORT, R.I. (December 19, 2022) – BankNewport is pleased to announce that Matthew Colasanti has been named vice president, residential loan officer. In his new position, Colasanti originates residential loan products and provides quality customer service throughout the mortgage origination process.  Prior to joining BankNewport, Colasanti was a mortgage loan officer for Navy Federal Credit […]

Newport, RI – (December , 2022) – As part of its All In Giving program, BankNewport is pleased to announce that it has recently awarded $230,984 in grant funds to organizations throughout Rhode Island that focus on areas of need including food insecurity, education and workforce development, healthy lives, and underserved populations. An additional $20,000 […]

Portsmouth, RI – BankNewport has provided funding to support a sun shade at the Portsmouth AgInnovation Farm. The farm is a partnership between Eastern Rhode Island Conservation District and Portsmouth Middle School. The after-school program and summer camp, led by Portsmouth School District Science Coach Margie Brennan, teaches kids about sustainable agriculture. The funding will […]

NEWPORT, R.I. (November 11, 2022) – BankNewport is pleased to announce that Leiyina Tavarez has been named vice president, regional manager, responsible for the development and management of the retail branch teams in the West Bay of Rhode Island, including the Narragansett, East Greenwich, Warwick, Coventry, Cranston, Providence, Johnston and North Kingstown branches. Tavarez will […]

NEWPORT, R.I. (November 29, 2022) – BankNewport is pleased to announce that Alizete Lagesse has been named vice president, portfolio relationship manager. In her new position, Lagesse will serve as a liaison between the commercial lending team, credit department, and the customer and provide the highest level of service and responsiveness to customers and business […]

NEWPORT, R.I. (November 23, 2022) – BankNewport is pleased to announce that Mathew Insana has been named senior vice president, commercial loan officer. In his new position, Insana will be responsible for business development and cross-selling opportunities, working with business owners and investors in need of financing for commercial real estate, investment properties, business loans […]

NEWPORT, R.I. (November 23, 2022) – BankNewport is pleased to announce that Joseph Arver has been named senior vice president, financial advisor. In his new position, Arver manages financial planning and analysis, asset-liability management, and the Bank’s budgeting process. Prior to his new role, he was vice president, senior financial analysis, working on the implementation […]

NEWPORT, R.I. (November 23, 2022) – BankNewport is pleased to announce that Elena Yates Harootunian has been named senior vice president, director of human resources. She will continue to be responsible for all human resources functions for BankNewport and its mutual holding company, OceanPoint Financial Partners, MHC and affiliates, including strategic planning and managing HR […]

NEWPORT, R.I. (November 23, 2022) – BankNewport is pleased to announce that Victor Correia has been named vice president, portfolio relationship manager in the Commercial Lending Group.  In his position, Correia proactively supports commercial lenders in managing existing portfolio customers and assists with new customer acquisition activities, resolving issues, and managing the credit approval process, […]

NEWPORT, R.I. (November 10, 2022) – BankNewport is pleased to announce that Narragansett, RI resident Jeannine Paliotti has been named vice president, digital banking product manager, responsible for all aspects of digital banking product management, risk management, and fraud monitoring.  Prior to her new role, she was assistant vice president, digital banking product manager at […]

NEWPORT, R.I. (November 10, 2022) – BankNewport is pleased to announce that Carmela MacKnight has been named vice president, IT project manager. In her new position, MacKnight will lead cross-disciplinary teams to deliver new systems, ensuring proper management of project risks, scope, schedule, and budget. Prior to her new role, she was assistant vice president, […]

NEWPORT, R.I. (October 1,  2022) – OceanPoint Investment Solutions is pleased to announce that Bradford C. Corbett has joined LPL Financial as a financial advisor. A wealth manager with over 20 years of financial service industry experience, Corbett works with each of his clients to create a customized financial plan that best speaks to their […]

Newport, RI – (November 7, 2022) – As part of its All In Giving program, BankNewport is pleased to announce that it has donated $10,000 to the American Red Cross to aid the organization’s relief efforts in southwest Florida. “While we wish it weren’t needed, we are happy to support the American Red Cross’ tireless […]

NEWPORT, R.I. (October 10, 2022) – BankNewport is pleased to announce that Hollie B. Lussier has been named executive vice president, chief legal and compliance officer.  In her new position, Lussier is responsible for implementing a comprehensive legal and compliance strategy, managing all legal matters pertaining to the Bank, and providing counsel on strategic initiatives. […]

NEWPORT, R.I. – (October 10, 2022) – BankNewport is pleased to announce that Sarah Courtney has been named senior vice president, director of project delivery and business intelligence. In her new role, she will oversee all aspects of project management, process improvement and innovation, and business intelligence/data analytics. Ms. Courtney brings extensive technology and project […]

NEWPORT, R.I. (October 1, 2022) – BankNewport is pleased to announce that Cheryl Galloway has been named assistant vice president, community lending officer. In her new role, Galloway is responsible for facilitating the loan process for clients, including first-time homebuyers, reviewing credit reports, income, and assets information, and advising on loan programs that best fit […]

NEWPORT, R.I. – (September 15, 2022) – BankNewport is pleased to announce that Dawn Cochran has been promoted to vice president, deposit operations. She will be responsible for managing the daily operations of cash management services, account verification, electronic disputes and overall branch support, in addition to her role as ACH coordinator.  Prior to her […]

NEWPORT, R.I. (September 15, 2022) – BankNewport is pleased to announce that David J. Costa has been named Vice President and Manager of Specialized Lending and Portfolio Management.  Costa brings more than 30 years of banking and commercial lending experience, most recently serving as Vice President and Portfolio Relationship Manager in the Commercial Lending Group […]

NEWPORT, R.I. – (September 15, 2022) – BankNewport is pleased to announce that Susan Viveiros has been named senior vice president, chief information security officer.  In her new position, she will be responsible for all aspects of information/cyber security, vendor management, business continuity planning and disaster recovery.  Viveiros returns to BankNewport after serving as the […]

NEWPORT, R.I. (September 15, 2022) – BankNewport is pleased to announce that Colleen Gouveia Moulton has been named senior vice president and director of commercial banking. In her new role, she will work with BankNewport’s commercial lenders, branch managers, residential mortgage originators, and OceanPoint Insurance producers in the Bank’s market areas to assist them in […]

NEWPORT, R.I. (September 15, 2022) – BankNewport is pleased to announce that Brian Danusis has been named Vice President, Commercial Credit Underwriting Manager. Brian brings 20 years of commercial banking experience. He will manage a team of credit underwriters originating new commercial real estate and commercial & industrial relationships. He will work as a liaison […]

NEWPORT, R.I. – (September 10, 2022) – BankNewport is pleased to announce that Jennifer Hyde has joined the organization as vice president, director of marketing communications. She will be responsible for the development and execution of the overall marketing strategy for the Bank across its brand family, including OceanPoint Insurance, OceanPoint Investment Solutions, and OceanPoint […]

NEWPORT, R.I. – (August 29, 2022) – BankNewport is pleased to announce that Marc Scanapieco has been named Vice President, Business and Commercial Lending Officer, responsible for business development, commercial loan production, cross sales origination, and cross team collaboration throughout Rhode Island. He joins BankNewport from Liberty Bank where he was Vice President, Business Banking […]

NEWPORT, R.I. – (August 23, 2022) – BankNewport is pleased to announce that Siobhan Kits van Heyningen has joined OceanPoint Marine Lending, a subsidiary of BankNewport, as vice president, director of strategic projects. In her new role, she will be responsible for defining, organizing, and planning various strategic initiatives within the marine lending division. “We […]

NEWPORT, R.I. – (August 22, 2022) – BankNewport is pleased to announce that Ryan Camara has been named vice president, human resources manager, responsible for talent acquisition, as well as employee relations and benefits. Prior to his new position, Camara was recruitment and HRIS manager for the bank. “We are thrilled to announce Ryan’s much-deserved […]

NEWPORT, R.I. – (August 22, 2022) – BankNewport is pleased to announce that Cody Wims has been named Vice President, Digital Marketing Manager. In his new role, he will lead BankNewport’s Digital Marketing team, managing the campaign development, measurement and marketing technologies that support BankNewport’s business objectives. Wims will work with key stakeholders across BankNewport’s […]

NEWPORT, R.I. – (August 17, 2022) – BankNewport is pleased to announce that David Ritacco has been named Vice President, Commercial Lending Officer. In his new role, he is responsible for maintaining and growing a multimillion-dollar portfolio while cultivating relationships with both existing and prospective clients using internal resources, networking strategies and third-party referrals. Prior […]

NEWPORT, R.I. – (August 17, 2022) – BankNewport is pleased to announce that Denise DiDonato has been named Vice President, Credit Administration Manager. DiDonato brings more than 30 years of banking, credit, commercial and small business lending experience to her new role, in which she is responsible for credit administration functions including reporting and analytics, […]

NEWPORT, R.I. – August 16, 2022 – BankNewport is pleased to announce that it has awarded $15,000 in grants to Crossroads Rhode Island and The Providence Center. “As a true community bank, supporting those who support our neighbors is essential to our mission,” said Jack Murphy, President & CEO, BankNewport. “We are extremely proud to […]

NEWPORT, R.I. – (August 2, 2022) – BankNewport is pleased to announce that Jon Richmond has been named vice president, business, and commercial lending officer. In his new role, he will be responsible for business development, commercial loan production, cross sales origination, and cross team collaboration throughout Rhode Island. Prior to his new position, Richmond […]

NEWPORT, R.I. – (August 2, 2022) – BankNewport is pleased to announce that Fredy Huezo has been named vice president, business and commercial lending officer, working with business owners to provide customized solutions that meet their needs and priorities. Prior to joining BankNewport, Huezo was a vice president, small business banker at Bank of America. […]

NEWPORT, R.I. – (August 2, 2022) – BankNewport is pleased to announce that John Saviano has been named vice president, business and commercial lending officer. In his new role, he will be responsible for business development, commercial loan production, cross sales origination, and cross team collaboration throughout Rhode Island. Saviano previously served as a project […]

NEWPORT, R.I. – (August 2, 2022) – BankNewport is pleased to announce that John Sweeney has been named vice president, cash management sales manager. In his new role, he is responsible for developing a cash management strategy, enhancing the current product offerings, and educating new and existing clients about cash management. Prior to joining BankNewport, […]

NEWPORT, R.I. (August 1, 2022) – BankNewport is pleased to announce that Diogo Ventura has been named Vice President, Premier Banking Officer. Ventura brings 17 years of banking and business development experience to his new position, in which he will be responsible for acquiring top customer prospects within the bank’s existing and emerging markets, focusing […]

NEWPORT, RI (June 29, 2022) – BankNewport is pleased to announce that Portsmouth, RI resident Ana Tesa has been promoted to vice president, branch manager of its Stone Bridge branch, located at 1740 Main Road in Tiverton, and Cumberland resident David Nolan has been named vice president, branch manager for its downtown Providence branch located at […]

NEWPORT, RI (June 27, 2022) – BankNewport has made a $100,000 charitable contribution to the Newport Historic Spring to advance the effort to install a public park on the site of the original town spring and the birthplace of Newport. This represents the largest corporate contribution to the project to transform the former Coffey’s gas station […]

NEWPORT, RI (June 20, 2022) – BankNewport is pleased to announce that Chief Credit Officer and Chief Risk Officer Paul A. Marchetti has been promoted to executive vice president. During his seven-year tenure at BankNewport, Marchetti has developed best-in-class Risk Management and Credit Risk programs. He also has oversight for BankNewport’s Community Development program and is […]

NEWPORT, RI (June 14, 2022) – BankNewport is pleased to announce that it has awarded $45,000 in grants to five organizations in Rhode Island that provide education, training and workforce development: DownCity Design, East Bay Community Action Program, FirstWorks, Providence Promise, Rhode Island Tutorial and Education Services, and Save The Bay. “As a true community […]

NEWPORT, RI (June 13, 2022) – BankNewport held its first in-person Financial Education Fairs since 2020 for students at West Warwick High School and William S. Rogers High School in Newport last month. Throughout the school year, BankNewport conducted presentations on topics such as Careers, Checking and Savings, Digital Banking, Personal Insurance, and the Importance […]

NEWPORT, RI (May 19, 2022) – BankNewport proudly announced its accomplishments for 2021 at the annual meeting of OceanPoint Financial Partners (the “Company”), the mutual holding company of BankNewport, held in-person on Monday, April 25, 2022.  At year-end, total assets increased to a record-high of $2.35 billion, from its banking, marine lending, and wealth management […]

NEWPORT, R.I. (April 21, 2022) – BankNewport is pleased to announce that it has awarded $45,000 in grants to four organizations in Rhode Island that are fighting food insecurity: Barrington Tap-In, McCauley Ministries, the Salvation Army Providence Corps, and the Rhode Island Community Food Bank. “As a true community bank, supporting those who support our […]

NEWPORT, R.I. (April 19, 2022) – OceanPoint Investment Solutions is pleased to announce that John W. Farmer, CFP®, has joined LPL Financial as a financial advisor. Farmer brings more than 20 years of industry experience to his new role, in which he will work closely with clients to develop individualized financial plans and investment strategies […]

NEWPORT, R.I. – (April 7, 2022) – BankNewport is pleased to announce that Jeanne Lapak joined the Bank’s executive team in November 2021 as Executive Vice President, Chief Commercial Banking and Lending Officer, responsible for leading the Commercial and Business Banking Teams. With over 20 years of banking experience and high-level expertise in strategic and […]

Fiscal Year 2021 Title is BankNewport’s 10th in 11 Years NEWPORT, R.I. (February 14, 2022) – 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 2021. BankNewport has earned this distinction for four consecutive years, and 10 of […]

NEWPORT, R.I. (February 10, 2022) – BankNewport is pleased to announce that its 2021 philanthropic efforts resulted in over $1.2 million awarded to over 350 nonprofits in Rhode Island.  The donations include all grants, sponsorships, community contributions from local branches, and year-end proactive and holiday support totaling $74,000 to nonprofits that meet basic needs for […]

NEWPORT, R.I. – (February 7, 2022) – BankNewport is pleased to announce that Colleen Skeffington has been named Senior Vice President, Chief Technology Officer, responsible for maintaining and managing the Bank’s technology investments.  Skeffington previously served as vice president, information technology manager. “Colleen’s accomplishments during her time at BankNewport have had a great impact on […]

Local organizations are working together to support employment, mental health, GED tutoring, and other programs that specifically help homeless individuals gain footing toward finding permanent housing. Taking steps to mitigate negative effects of the affordable housing shortage in Newport County, BankNewport, the Newport Rotary, the Middletown Baptist Church, and Newport Mental Health are providing funding […]

NEWPORT, R.I. – (February 3, 2022) – BankNewport is pleased to announce that Gina Lauro has been promoted to Senior Vice President, Residential Sales Manager.  Prior to her new position, Lauro was the Vice President, Producing Sales Manager. “Gina has been instrumental in the success of the residential lending group,” said Mary Leach, Executive Vice […]

Newport, RI – January 27, 2022 – BankNewport was recognized with an Exemplary Worksite Health Award from Blue Cross & Blue Shield of Rhode Island (BCBSRI) and the Greater Providence Chamber of Commerce (the Chamber) for effective programs encouraging employee health and well-being in a meaningful way. The 27th Annual Worksite Health Awards celebrate companies […]

NEWPORT, R.I. – (January 26, 2022) – BankNewport is pleased to announce that Christine Hayes has been promoted to Senior Vice President, Premier Banking Relationship Manager. Hayes previously served as Vice President, Premier Banking. “Since joining BankNewport in 2017, Christine has done an outstanding job growing and developing the Bank’s Premier Banking business,” said Mary […]

NEWPORT, R.I. – (January 26, 2022) – BankNewport is pleased to announce that Nelson Teixeira, has been appointed Senior Vice President, Director of Digital Banking, responsible for all aspects of the Bank’s digital banking services. “One of the greatest takeaways from the ongoing pandemic has been the importance of our digital offerings,” said John Sullivan, […]

Sixty-four Organizations Receive Funds to Aid in their Missions to Support Underserved Populations Jessica Couto, vice president, branch sales manager at BankNewport’s newest branch in Warwick, joins Lara D’ Antuono, CEO, Boys & Girls Clubs of Warwick, at the Club’s holiday market.  The Boys & Girls Club used a BankNewport family support grant to purchase […]

NEWPORT, R.I. – (December 13, 2021) – BankNewport is pleased to announce that Serina M. Vieira, of Hope, Rhode Island, has been appointed vice president, branch sales manager, of the Bank’s Coventry office located at 730 Centre of New England Boulevard. In her new position, Vieira is responsible for customer service, branch operations, and team […]

Branch on Strawberry Field Road to Celebrate Grand Opening December 4th with Audrain Auto Museum NEWPORT, R.I.  (November 30, 2021) – BankNewport is pleased to announce that it has opened its 18th branch in Rhode Island, and first in Warwick, at 27 Strawberry Field Road in Warwick. A ribbon cutting ceremony with Warwick Mayor Frank […]

NEWPORT, R.I. (October 27, 2021) – BankNewport is pleased to announce that Julia N. Reinhardt has been appointed vice president and branch sales manager of the Bank’s North Kingstown branch located at 1350 Ten Rod Road. In her new position, Julia is responsible for customer service, branch operations, and team development. “Julia has been a […]

NEWPORT, R.I. – (October 27, 2021) – BankNewport is pleased to announce that Jessica L. Couto, of Foster, Rhode Island, has been appointed vice president, branch sales manager of the Bank’s newest branch, located at 27 Strawberry Field Road in Warwick. In her new position, Couto is responsible for customer service, branch operations, and team […]

NEWPORT, R.I. – (October 27, 2021) – BankNewport is pleased to announce that Antony Nunes of Dartmouth, MA has been appointed vice president, branch sales manager of the Bank’s Tiverton branch at 614 Main Road. In his new position, Nunes is responsible for customer service, branch operations, and team development. Prior to his new role, […]

Members of Bank’s Retail Team assembled and delivered more than 100 treat bags and handwritten notes of good wishes for homebound neighbors NEWPORT, R.I. – (October 21, 2021) – BankNewport, one of the country’s longest-standing community banks whose hallmark is its dedication to the communities it serves, has donated more than 100 Halloween treat bags […]

Platform exceeds goal of $2 million in deposits by 115% since launch Newport, RI – (October 5, 2021) – With mobile technology and digital commerce driving the need for safer and faster payments in the U.S., BankNewport is pleased to announce its adoption of Real Time Payment (RTP®), a real-time payments platform that all federally-insured […]

NEWPORT, R.I. – (September 30, 2021) – BankNewport, one of the country’s oldest community banks whose hallmark is its dedication to the communities it serves, has been named among 19 of the highest earners on Providence Business News’ (PBN) list of Fastest Growing Private Companies as part of the PBN’s 2021 Fastest Growing & Innovative […]

Donation will impact more than 1,000 individuals in need NEWPORT, R.I. (September 28, 2021) – BankNewport is pleased to announce that its “Kind Heart Fresh Start” drive collected more than 4,700 items – socks and toiletries – from its employees and members of the community to be distributed to Amenity Aid, Crossroads Rhode Island in […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Three Northern RI 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 […]

Three South County 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 […]

NEWPORT, R.I. (January 6, 2021) – Since the onset of the COVID-19 pandemic, Southern Rhode Island Volunteers (SRIV) has seen the need for the services it provides local seniors aging in place reach unprecedented heights. Since 2016, BankNewport has provided the organization with charitable grants totaling over $30,000 in support of its vital work. In […]

NEWPORT, RI (January 6, 2021) —(BusinessWire)—360 View, an industry-specific provider of customer relationship management software for financial institutions, announced today their partnership with one of Rhode Island’s fast-growing companies, BankNewport, to implement their successful CRM growth platform. BankNewport, a Forbes Best-in-State bank, will be implementing 360 View’s base CRM, as well as their Marketing Automation […]

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 […]

Three East Bay 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 […]

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 have the opportunity to provide […]

PROVIDENCE, R.I. (November 16, 2020) – Out of a pool of 5 finalists, Man Up, Inc. took home the grand prize of the Nonprofit Innovation Lab’s pitch finals on November 12, securing $50,000 in seed funding to support the creation of new economic development opportunities for previously incarcerated men of color. Finishing second and receiving […]

Program of United Way and Social Enterprise Greenhouse culminated in virtual “Shark Tank-like” event Providence, R.I. (November 16, 2020): Out of a pool of 5 finalists, Man Up, Inc. took home the grand prize of the Nonprofit Innovation Lab’s pitch finals on November 12, securing $50,000 in seed funding to support the creation of new […]

NEWPORT, R.I. (October 26, 2020) – BankNewport is pleased to announce that Cranston resident Robert Cribari has been promoted to Vice President and Operations Manager for Deposit Servicing. In his position, Cribari is responsible for the daily operations of all loan servicing functions, as well as the oversight and control of the daily functions for […]

BankNewport among the community supporters to help make the long-awaited addition project possible as the theater safely begins new chapter amid COVID-19 pandemic NEWPORT, R.I. (October 2, 2020) – Where the month of October at the Greenwich Odeum is typically filled with sold out shows, the ongoing COVID-19 pandemic has meant changes for one of […]

Grant Helps Federal Hill House Expand Early Learning Center, Increase Toddler Capacity Bank’s support provides new furniture and supplies, educational toys, items needed to re-open amid virus   NEWPORT, R.I. (October  13, 2020) – With child care and education among the most integral parts of its work, Federal Hill House has expanded its Early Learning […]

NEWPORT, R.I. (September 25, 2020) – BankNewport, one of the country’s oldest community banks whose hallmark is its dedication to the communities it serves, has been named among 20 of the highest earners on Providence Business News’ list of Fastest Growing Private Companies as part of the PBN’s 2020 Fastest Growing & Innovative Companies awards […]

NEWPORT, R.I.  – BankNewport, one of the country’s oldest community banks whose hallmark is its dedication to the communities it serves, has awarded its $1,000 BankNewport Financial Education Scholarship to four local high school graduates as part of its financial education program to help students refine their financial skills, and understand that managing personal finances […]

NEWPORT, R.I. – BankNewport has awarded Newport Mental Health (NMH) a $10,000 charitable grant to support its after-hours Emergency Crisis Services. “It is so important, as a community, that we have in place the resources to provide immediate care to those who struggle with mental health issues,” said Sandra J. Pattie, President and CEO of […]

SOUTHINGTON, CONN.—Earlier this month, COCC officially went live on the RTP® network, the real-time payments network from The Clearing House. BankNewport, headquartered in Newport, RI, is COCC’s first client live on the RTP network. With this access, BankNewport customers can receive payments and messages instantly via the RTP network. “We are excited to gain our […]

NEWPORT, R.I. (June 8, 2020) – BankNewport is pleased to announce that Carmen Diaz-Jusino has been named Vice President, Community Development Officer. In her new position, Carmen will be responsible for developing, implementing and administering many strategic aspects of the Bank’s Community Reinvestment Act Program, through banking relationships with community-based, charitable, and non-profit organizations. She will […]

Socially-Distant Celebration Marks Completion of Historic Restoration Project NEWPORT, R.I. (June 5, 2020) – BankNewport celebrated the completion of the historic restoration of its branch at 10 Washington Square in Newport with a socially-distant reveal on Friday, May 29th. The project, a $5 million investment, revitalized the nearly 90-year-old building and it now seamlessly integrates […]

NEWPORT, RI (May 18, 2020) – BankNewport announced record results for 2019 at the annual meeting of OceanPoint Financial Partners (the “Company”), the mutual holding company of BankNewport and OceanPoint Insurance held via proxy vote on Wednesday, April 29, 2020. At year-end, total assets increased to a record-high of $1.75 billion, and the organization has […]

NEWPORT, R.I. (May 11, 2020) – BankNewport is pleased to announce that Kyle A. Martin has been promoted to Vice President, Compliance Analyst/Trust Officer. In his new position, Kyle is responsible for the effective planning, coordination, implementation, and monitoring of the Compliance Management Program across the bank and its affiliates. Kyle has almost a decade […]

Financial support, voluntarism mark the community bank’s ongoing efforts to help address immediate and long-term impact of COVID-19 NEWPORT, R.I. (April 29, 2020) – BankNewport, one of the country’s oldest community banks whose hallmark is its dedication to the communities it serves, has responded to the growing need during the COVID-19 crisis by providing additional […]

Grant will aid in meeting the growing need for food donations during COVID-19 NEWPORT, R.I. (April 23, 2020) – BankNewport is proud to announce that it has made a $100,000 donation to the Rhode Island Community Food Bank to assist the organization as it works to alleviate hunger in Rhode Island during the COVID-19 crisis. […]

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 […]

NEWPORT, R.I. (April 2, 2020) – BankNewport is pleased to announce that Gregory A. Brooks, II has been promoted to Vice President of Business Intelligence. In his new position, Greg is responsible for all aspects of data analytics, including managing the Tableau software application, training data workers throughout the bank, performing ad hoc data analysis […]

NEWPORT, R.I. (March, 2020) – BankNewport is pleased to announce that Julia N. Reinhardt has been appointed to Assistant Vice President and Branch Sales Manager of the Bank’s North Kingstown branch located at 1350 Ten Rod Road. In her new position, Julia is responsible for branch operations, customer service, and team development. “Julia has been […]

NEWPORT, R.I. (January 15, 2020) – BankNewport is pleased to announce that it has been honored with a 2020 Common Good Award, presented by Rhode Island Monthly magazine and the Rhode Island Foundation. Common Good Awards recognize Rhode Island businesses of all sizes that inspire philanthropy in their employees around the state, not by writing […]

Built in 1930, Branch to be returned to Original Glory with Modern Amenities in Spring of 2020 NEWPORT, R.I. (January 23, 2020) – The BankNewport branch located at 10 Washington Square in Newport is currently undergoing an historic restoration project, which will revitalize the nearly 90 year-old building and seamlessly integrate modern amenities, services and […]

NEWPORT, RI (January 7, 2020) – BankNewport announced today that it now has a relationship with LPL Financial, the nation’s largest independent broker/dealer*, to provide comprehensive financial and investment advisory services. The announcement marks the formation of OceanPoint Investment Solutions that will enhance offerings within BankNewport. Through its relationship with LPL Financial, the Bank will have […]