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In the News

BANKNEWPORT ANNOUNCES PORTFOLIO RELATIONSHIP MANAGER

BankNewport is pleased to announce that Peter C. Salvadore, of North Kingstown, Rhode Island, has been appointed vice president, portfolio relationship manager.

BANKNEWPORT ANNOUNCES LOAN OFFICER APPOINTMENT

BankNewport is pleased to announce that Karen R. Vebber, of Portsmouth, Rhode Island, has been appointed vice president, residential loan officer.

BANKNEWPORT ANNOUNCES BRANCH SALES MANAGER

BankNewport is pleased to announce that Jessica L. Couto, of Portsmouth, Rhode Island, has been appointed to assistant vice president, branch sales manager of the Bank’s Tiverton office located at 614 Main Road.

BANKNEWPORT AWARDS $20,000 IN GRANTS TO PROVIDE PROVIDENCE-BASED EDUCATION PROGRAMS

NEWPORT, R.I. (September 11, 2019) – Continuing its longtime commitment to supporting educational initiatives that help students succeed in the classroom and beyond, BankNewport awarded $20,000 in charitable grants to three Providence-based education programs.

BANKNEWPORT EXPANDS MARINE LENDING DIVISION

NEWPORT, RI (September 3, 2019) – BankNewport announced today the expansion of its Marine Lending Division, leveraging its lending capabilities to offer a suite of competitive and innovative consumer marine and recreational vehicle financing programs. The announcement marks the formation of OceanPoint Marine Lending that will operate as a division of BankNewport.

BANKNEWPORT PROVIDENCE LENDING CENTER NOW OPEN AT 55 DORRANCE STREET

PROVIDENCE, RI (July 15, 2019) – BankNewport recently opened a new Lending Center at 55 Dorrance Street in Providence, directly adjacent to its branch located at the corner of Dorrance and Westminster Streets. The opening of the Lending Center is a continuation of the Bank’s expansion into the Providence market.

BANKNEWPORT RECOGNIZED FOR WORKSITE WELLNESS

NEWPORT, R.I. (June 25, 2019) – Representatives from BankNewport’s Human Resources department were presented with an “Exemplary” award at the 2019 Annual Worksite Health Awards ceremony held on June 25 at the Crowne Plaza Hotel in Warwick.

BANKNEWPORT FINANCIAL EDUCATION SCHOLARSHIP PRESENTATIONS

In celebration of the wonderful partnership that BankNewport has with Coventry High School, Portsmouth High School, Rogers High School, and West Warwick High School, $1,000 scholarships were recently presented to five deserving seniors that participated in the Bank’s financial education program – they demonstrated integrity, aptitude, leadership, and community outreach in their scholarship applications.

BANKNEWPORT ELECTS FOUR NEW CORPORATORS

NEWPORT, RI (July 1, 2019) – Sandra J. Pattie, president and chief executive officer of OceanPoint Financial Partners, MHC and BankNewport, has announced the election of four new BankNewport Corporators:

STUDENTS DISCOVER SECRETS TO MANAGING PERSONAL FINANCES

Coventry, Newport, Portsmouth and West Warwick, RI (June 17, 2019) – Financial Education Fairs sponsored by BankNewport were held for the students of Coventry High School, Rogers High School in Newport, Portsmouth High School and West Warwick High School. The Fairs were the culminating project to a series of financial education presentations conducted by the Bank’s management team during the 2018-2019 academic year at the four high schools.

TREASURER MAGAZINER'S SMALL BUSINESS LOAN PROGRAM EXPANDS REACH

PROVIDENCE, R.I. -- Treasurer Magaziner's BankLOCAL initiative, which incentivizes banks and credit unions to make loans to small businesses in Rhode Island, has expanded its reach by welcoming two new banks, BankNewport and Freedom National Bank.

BANKNEWPORT ANNOUNCES DIRECTOR OF RETAIL SALES

NEWPORT, R.I. (May 2, 2019) - BankNewport is pleased to announce that Amy E. Riccitelli, of Smithfield, Rhode Island, had been appointed senior vice president, director of retail sales. She will be responsible for the development and implementation of the Bank’s Retail Banking Division.

BANKNEWPORT ANNOUNCES PURCHASE OF JUSTBOATLOANS

NEWPORT, RI (May 1, 2019) – BankNewport announced today that it has purchased the assets of JustBoatLoans (JBL) by Vertisol, Inc., a marine service company specializing in consumer marine and recreational vehicle financing programs. JBL will operate under the Marine and Recreational Lending Division of BankNewport.

KIND HEART, WARM SOLES COLLECTION BENEFITS LOCAL SHELTERS

Newport, R.I. (April 23, 2019) – Hundreds of adult and children’s socks were generously donated by the community during the BankNewport and OceanPoint Insurance “Kind Heart, Warm Soles” collection drive last month. The goal of the collection drive was to provide children and adult socks to benefit local shelters in support of their mission to serve those most in need.

BANKNEWPORT ANNOUNCES SENIOR VICE PRESIDENT APPOINTMENT

NEWPORT, R.I. (April 16, 2019) - BankNewport is pleased to announce that Lisa A. Sellar of Portsmouth, Rhode Island, has been appointed to senior vice president, director of retail banking operations.

EMPLOYEES BOWL FOR A CAUSE

Newport, R.I. (April 19, 2019) – BankNewport and OceanPoint Insurance employees presented donations totaling $5,600 to the Edgewood Pawtuxet Ecumenical Food Closet as a special “Bowl-A-Thon” fundraiser.

MILLENNIAL RI AWARDS LOCAL LEADERS AT #CHOOSERI CELEBRATION, ANNOUNCES PARTNERSHIP WITH BANKNEWPORT TO LAUNCH NEW MILLENNIAL WORKSHOP SERIES

PROVIDENCE, R.I. – Millennial Rhode Island hosted its 5th annual #ChooseRI Celebration on Thursday evening at Providence G, with a record number of 300+attendees, including local entrepreneurs, business owners, lawyers, teachers, artists, consultants, politicians, students, and many other millennials celebrating their desire to “Choose RI” to work, live, and play.

BANKNEWPORT MORTGAGE BANKERS NAMED TOP LOAN ORIGINATORS

NEWPORT, R.I. (February 27, 2019) – BankNewport is pleased to announce that two of the Bank’s Mortgage Bankers, Gina Campbell Helm and Daniel M. Silverman, have been recognized as top Rhode Island loan originators for 2018 by The Warren Group, publisher of Banker & Tradesman magazine. Gina and Dan originated the most loans overall and the most purchase loans in their respective market areas.

BANKNEWPORT ANNOUNCES REGIONAL SALES MANAGER APPOINTMENT

NEWPORT, R.I. (February 25, 2019) - BankNewport is pleased to announce that Linda A. Dias, of North Dartmouth, Massachusetts, has been appointed to vice president, regional sales manager. She will be responsible for the coaching and development of the retail sales team, new customer acquisition and cross-sell strategies.

BANKNEWPORT ANNOUNCES PROMOTION

NEWPORT, R.I. (February 25, 2019) - BankNewport is pleased to announce that Evan J. Rose, of Portsmouth, Rhode Island, has been appointed to vice president, branch sales manager of the Bank’s Newport office located at 10 Washington Square.

KIND HEART, WARM SOLES COLLECTION TO BENEFIT LOCAL SHELTERS

Newport, R.I. (February 13, 2019) – The community is invited to join BankNewport and OceanPoint Insurance this winter to support local shelters by donating adult and children’s socks during the “Kind Heart, Warm Soles” collection drive beginning February 14 through March 2 at all BankNewport and OceanPoint locations.

 

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