Our Story

Proud to be your Community Bank

We're All In

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. BankNewport is one of the longest-standing 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 19 branch locations and a commercial lending office in Providence. OceanPoint Marine Lending, a business line of BankNewport, specializes in consumer marine and recreational vehicle financing programs.

Keep Banking Personal.

Being your community bank is an honor for every member of the BankNewport organization. Serving you means taking the time to get to know you, so we can help you achieve your financial goals.

At BankNewport, we're committed to providing personal banking experience. Our lending decisions are made right here in Rhode Island, which allows us to be extremely responsive to customers.

Making banking convenient through technology.

BankNewport’s leading-edge technology makes it easy for you to manage your money. In addition, we continue to make capital investments in new and enhanced technologies such as digital and mobile capabilities for a better and more convenient customer experience.

BankNewport is proud to be your community bank.

At BankNewport, we recognize that committing to each other and investing in the people around us to nurture economic and social improvements has never been more important. Having been steeped in the community for two centuries, our service goes beyond banking. Being your community bank means understanding what makes our community and the people within it unique.

Executive Team

Jack Murphy
Jack Murphy

President & Chief Executive Officer

Jeanne Lapak
Jeanne Lapak

Executive Vice President, Chief Commercial Banking & Lending Officer

Mary E. Leach
Mary E. Leach

Chief Retail Banking and Lending Officer

NMLS# 993468

Oscar Joaquim
Oscar Joaquim

President of OceanPoint Marine Lending

Paul A. Marchetti
Paul A. Marchetti

Executive Vice President, Chief Credit Officer and Chief Risk Officer

John P. Sullivan
John P. Sullivan

Executive Vice President, Chief Information Officer

Gregory Derderian
Gregory Derderian

Executive Vice President, Chief Financial Officer and Director of Strategic Analysis

Hollie Lussier
Hollie Lussier

Executive Vice President, Chief Legal and Compliance Officer