News & Happenings

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 […]

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 […]

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 […]

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 […]

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, 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 $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 […]

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 […]

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, 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 […]