We empower you to meet your financial goals with the expertise and suite of services we've designed with you in mind.
As a trusted business partner, we invest in local businesses. When they thrive, it helps our great state's economy grow and prosper.
For 200 years, we have been supporting those in need by giving back to local charitable organizations and investing in community development.
THE KEY TO EDUCATION IS BNWISE
BankNewport's financial education program, BNWise, offers the knowledge and skills you need to make the best financial decision for you, your family, or your business.
OceanPoint Marine Lending
EXPERIENCED MARINE FINANCING
Present or future boaters can find personalized marine financing programs for new and used boats and refinancing for existing boat loans. Competitive rates, dedicated buyer support, quick access to funds, and more.
INSURING YOUR MOST VALUABLE ASSETS
Insurance programs to cover any number of personal and business assets with a dedicated staff providing excellent, custom service to give you peace of mind. Protect your home, your business, your vehicles, and more.
BankNewport In the News
BankNewport Elects Nine New Corporators at Annual Meeting
May 30, 2023
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 […]READ MORE
OceanPoint Financial Partners, MHC Releases Summary of its 2022 Annual Meeting
May 30, 2023
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 […]READ MORE
How to Teach Children to Save!
April 26, 2023
Teaching children to save money is an essential life skill that can help them develop good financial habits for the future. Here are some tips to help you teach the children in your life to save: Set a Good Example: Children learn by watching adults around them, so if you want a child to learn […]READ MORE
BankNewport Names Kevin Lewis Vice President, Business and Commercial Lending Officer
April 14, 2023
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 […]READ MORE
Understanding the Difference Between a Home Equity Loan and HELOC
April 3, 2023
Home Equity Loan: At first glance, one might assume a loan is used for the benefit of your home. It’s a logical assessment, and in some cases it’s accurate. You can use a Home Equity Loan, as well as a Home Equity Line of Credit (HELOC), to fund home renovations, home improvements, and all-around home-happy […]READ MORE
BankNewport Grant Supports Hope & Main’s Nourish Our Neighbors
March 27, 2023
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 […]READ MORE
BankNewport Names Pamela LaBreche Vice President, Business and Commercial Lending Officer
March 7, 2023
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 […]READ MORE
BankNewport Names Steven Carneiro Vice President, Commercial Loan Officer
February 17, 2023
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 […]READ MORE
BankNewport Highlights 2022 Community Investment
February 3, 2023
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 […]READ MORE
Beware of Tax Scams
February 2, 2023
It’s that time of year again. You’re prepping your taxes and scammers are prepping their attempt at stealing your money and personal information. Here are some telltale signs of a tax scam along with actions taxpayers can take if they receive a scam call. IRS Impersonator Is the person being demanding, requesting money, or threatening […]READ MORE