News & Happenings

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 […]

Newport, RI. (December 1, 2020) – BankNewport, one of the country’s oldest community banks, has partnered with College Ave Student Loans, a leading student loan fintech lender, to offer its customers student loan and student loan refinance products for the first time. Now, through its partnership with College Ave, BankNewport will be able to offer […]

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 […]