News & Happenings

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 […]

NEWPORT, R.I. (December 20, 2019) – BankNewport is pleased to announce that Elena Yates Harootunian of Cranston, Rhode Island, has been appointed vice president, director of human resources. She will be responsible for all human resources functions for BankNewport and its mutual holding company, OceanPoint Financial Partners, MHC and affiliates. Elena joins BankNewport from Talbots […]

NEWPORT, R.I. (November 25, 2019) – BankNewport’s Business Banking Group is pleased to announce that Adam Duclos, of Swansea, Massachusetts, has been appointed vice president, business development officer. He will be responsible for business development, commercial loan production, cross sales origination and cross team collaboration in the Portsmouth, Tiverton, and East Bay market area. Adam joins BankNewport […]

NEWPORT, R.I. (November 25, 2019) – BankNewport is pleased to announce that Serina M. Vieira, of Hope, Rhode Island, has been appointed assistant vice president, branch sales manager of the Bank’s Coventry office located at 730 Centre of New England Boulevard. She joined BankNewport in 2015, and most recently served as branch operations manager of […]

NEWPORT, R.I. (November 25, 2019) – BankNewport is pleased to announce that Adam A. Jrida, of Pawtucket, Rhode Island, has been appointed vice president, senior credit analyst. He will be responsible for performing credit analysis and underwriting of all commercial loan requests, including credit risk monitoring and annual loan reviews. Adam joins BankNewport from Santander […]

NEWPORT, RI  (November 21,2019) – BankNewport received the Rhode Island 504 Lender of the Year award at an event sponsored by the Rhode Island District Office of the U.S. Small Business Administration (SBA) and the Center for Women & Enterprise on November 15, 2019. BankNewport ranked number one among all banks in Rhode Island in the […]

NEWPORT, R.I. (October 17, 2019) – BankNewport is pleased to announce that Karen R. Vebber, of Portsmouth, Rhode Island, has been appointed vice president, residential loan officer. She will be responsible for identifying, developing and originating residential mortgage loans in the Portsmouth, Tiverton, and Little Compton geographic area. With over 20 years of experience in […]

NEWPORT, R.I. (October 03, 2019) – BankNewport is pleased to announce that Peter C. Salvadore, of North Kingstown, Rhode Island, has been appointed vice president, portfolio relationship manager. He will be responsible for developing, building and managing commercial lending relationships, supporting the lending team with existing portfolio management and all new customer/prospect acquisition activities, including […]

NEWPORT, R.I. (October 03, 2019) – 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. She joined BankNewport in 2015, and most recently served as branch operations manager of the Bank’s […]

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.

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.  The new Lending Center provides […]

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: Congratulations […]

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: Norey D. Cullen is Chairman of the Board of the Newport Hospital Foundation, and has served as a Hospital Board member for over ten years.  She […]

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. Sponsored by Blue Cross Blue Shield of Rhode Island and the Greater Providence Chamber of Commerce, the annual event […]

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 […]

Posted: May 16, 2019 – Office of Rhode Island General Treasurer Seth Magaziner 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. “Small businesses are essential to Rhode Island’s economy. Too many entrepreneurs and small […]

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.

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.

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.

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 […]

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.

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.

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.

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.

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.

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.

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.

Newport, R.I. (December 21, 2018) – BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Ann T Ullucci to vice president, branch sales manager of the Bank’s Coventry office located at 730 Centre of New England Boulevard. She will be responsible for branch operations, business development, and staff development. Ann Ullucci comes to […]

NEWPORT, R.I. (December 21, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Patrick R Burns to vice president, branch sales manager of the Bank’s Middletown office located at 528 West Main Road. He will be responsible for branch operations, business development, and staff development.

NEWPORT, R.I. (December 21, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Ann T Ullucci to vice president, branch sales manager of the Bank’s Coventry office located at 730 Centre of New England Boulevard. She will be responsible for branch operations, business development, and staff development.

NEWPORT, R.I. (December 6, 2018) – BankNewport marked the opening of its newest branch at Five South Angell Street in Providence with a ribbon cutting on November 15. City of Providence Small Business Coordinator, Office of Economic Opportunity, Angel Subervi joined BankNewport President and CEO, Sandra Pattie, Board Chairman Peter Capodilupo, Executive Vice President Mary Leach and branch staff to commemorate the opening.

NEWPORT, R.I. (November 21, 2018) – In response to the high need for food assistance among East Bay residents, BankNewport has awarded a total of $15,000 in charitable grants through its Community Fund to three local organizations committed to helping the less fortunate meet their basic needs. Good Neighbors, Friends of Saint Elizabeth, and Saint Vincent DePaul Society/Saint Joseph’s Conference each receive a $5,000 grant to assist area families and individuals with meeting their basic needs

PROVIDENCE, R.I. (November 2, 2018) – BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Erin L. Mallo to vice president, branch sales manager. She will be responsible for branch operations, business development, and staff development at the bank’s newest branch located at 5 South Angell Street in Providence, scheduled to open in November […]

BankNewport Kicks-Off $200,000 “We’re All In” Giving Program during 200th Anniversary In honor of its two centuries of philanthropic commitment to Rhode Island, Bank making 200 ‘hyper-local’ donations available to nonprofits and community groups across the state

NEWPORT, R.I. (October 31, 2018) – BankNewport received the Rhode Island 504 Lender of the Year award at an event sponsored by the Rhode Island District Office of the U.S. Small Business Administration (SBA) and the Center for Women & Enterprise on October 26, 2018.

NEWPORT, R.I. (October 16, 2018) - BankNewport has expanded its Commercial Lending team with the hiring of two new vice presidents, commercial lending officers: Mathew Insana and Paul Sousa.

Bank’s generosity helps economically-disadvantaged children spend summer vacation engaged in nature and hands-on learning experiences to avoid the phenomenon of “summer learning loss”

NEWPORT, R.I. (September 19, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Ronald P Greenwood to vice president, branch sales manager of the Bank’s Cranston office located at 4000 Chapel View and has expanded its Business Banking Group with the hiring of two new vice presidents, business development officers – Steven Carneiro and Antonio DeSimone.

PROVIDENCE, RI (July 5, 2018) – BankNewport celebrated the opening of its first Providence branch at 55 Dorrance Street with an official ribbon cutting ceremony held June 26. BankNewport President and CEO, Sandra Pattie and Executive Vice President, Mary Leach presided over the ceremony with City of Providence Mayor Jorge Elorza, Providence City Council President David Salvatore, BankNewport Board Chairman Peter Capodilupo, Bank board members and special guests in attendance.

NEWPORT, R.I. (June 2018) BankNewport was honored at the Best Places to Work in Rhode Island 2018 award ceremony held on June 14 at the Crowne Plaza Hotel in Warwick.

In celebration of the wonderful partnership that BankNewport has with Coventry High School, Rogers High School, and West Warwick High School, $1,000 scholarships were recently presented to four deserving seniors that participated in the Bank’s financial education program this school year...

Coventry, Newport, Portsmouth and West Warwick, RI (June 22, 2018 ) – 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 BankNewport’s management team during the 2017-2018 academic year at the four high schools.

NEWPORT, R.I. (June 21, 2018) – Representatives from BankNewport’s Human Resources department were presented with an “Exemplary” award at the 2018 Annual Worksite Health Awards ceremony held on June 20 at the Crowne Plaza Hotel in Warwick.

PROVIDENCE, RI (June 18, 2018) – BankNewport opened its newest branch at 55 Dorrance Street in Providence today, June 18. Located at the corner of Dorrance and Westminster Streets, the branch will offer easy access for customers.

NEWPORT, R.I. (January 16, 2018) – With help from the community and its employees, BankNewport and OceanPoint Insurance generated awareness and support for local nonprofits in their tireless efforts to warm the hearts of those less fortunate this past holiday season.

BANKNEWPORT NAMES BRANCH SALES MANAGER Newport, R.I. (June 14, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Justin L. Lombardo to vice president, branch sales manager of the Bank’s Barrington office located at 330 County Road and Margaret McGreavy to vice president, branch sales manager of the Bank’s Stone Bridge office located 1740 Main Road in Tiverton.

NEWPORT, RI (May 29, 2018) – Sandra J. Pattie, president and chief executive officer of OceanPoint Financial Partners, MHC and BankNewport, announced the election of six new BankNewport Corporators at the annual meeting held on April 23, 2017.

NEWPORT, RI (April 23, 2018) – BankNewport announced record results for 2017 at the annual meeting of OceanPoint Financial Partners (the “Company”), the mutual holding company of BankNewport and OceanPoint Insurance on Monday, April 23, 2018. At year-end, total assets increased to a record-high of $1.55 billion.

NEWPORT, RI (April 2, 2018) – BankNewport announced today that it has purchased the assets of Offshore Financial Corporation, a marine service company specializing in personalized marine financing programs. Offshore Financial will operate as a Marine Lending Division of BankNewport.

NEWPORT, R.I. (March 15, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the promotion of Kenneth R. Burnett to Senior Vice President, Director of Commercial Relationships and Betsy L. Salisbury to Senior Vice President, Retail Lending Operations Manager.

NEWPORT, RI (March 15, 2018 ) – BankNewport is proud to present its financial literacy program to students at four local high schools during the current school year – Coventry High School, Portsmouth High School, Rogers High School in Newport, and West Warwick High School.

NEWPORT, R.I. (February 12, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Adriana I. Dawson to Vice President, Community Development Officer. She will be responsible for developing, implementing and administering strategic aspects of the Bank's Community Reinvestment Act Program, through building and maintaining relationships with community based, charitable and non-profit organizations to ensure the Bank meets the needs of the community and attains CRA compliance goals.

NEWPORT, R.I. (February 7, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Leland R. Merrill to Executive Vice President and Chief Operating Officer. He will be responsible for planning, organizing and controlling the operational activities of the Bank.

Providence, R.I. (February X, 2018) Following the success and positive feedback of their inaugural Executive Director Learning Circle Series in 2017, United Way of Rhode Island (UWRI) and BankNewport have partnered again, selecting 10 local leaders to participate in the educational program. To help strengthen the state’s nonprofit sector, BankNewport has committed $40,000 per year for three years.

A big thank you to Laura Guillen (Vice President, Branch Sales Manager Providence), Dariel Blanco (Assistant Vice President Community Lending Officer) and Adriana Dawson (Vice President, Community Development Officer) for their enthusiasm and willingness to volunteer at the Meeting Street Telethon this past Saturday evening. Laura announced our $6,600 gift to Meeting Street on behalf […]

NEWPORT, R.I. (January 31, 2018) – Each year, BankNewport’s community outreach program strives to strengthen and enrich lives and communities throughout Rhode Island.

NEWPORT, R.I. (January 23, 2018) –BankNewport is pleased to announce the installation of three new ATM locations in Cranston, Cumberland and Exeter, Rhode Island for customers to conveniently access their funds.