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BankNewport Announces Carlos Cabral Vice President, Branch Manager of New Lincoln Branch


NEWPORT, R.I. – (May 25, 2023) – BankNewport is pleased to announce that Carlos Cabral has been named vice president, branch manager for the Bank’s new Lincoln branch at 3 Wake Robin Road (Wake Robin Square) scheduled to open in July 2023.  In his role, he will be responsible for branch operations, customer service, and team development.

Cabral joined BankNewport in 2018 and has served in various positions, most recently as assistant branch manager of the Bank’s Johnston branch.

Cabral completed the Certified Financial Planning program at Bryant University in Smithfield, the Management Development Program with American Bankers Association, and holds Accident and Health Insurance Licenses in Rhode Island and Massachusetts.  He has also earned his Series 6 and 63 Investment Licenses.

Cabral is an active volunteer with the Northern Rhode Island Boys & Girls Club, where he coaches in the youth football program.

About BankNewport:

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 18 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.


Through its All In Giving program, BankNewport is committed to supporting nonprofits with areas of impact focused on basic human needs, children and families, education, economic security, healthy lives, arts and culture, and the environment.  BankNewport has awarded over $8 million in grants, sponsorships, and donations over the past ten years to a wide range of nonprofits to help strengthen and enrich lives and communities throughout Rhode Island. Financial education and community service performed by employees totals 8,500 hours annually.  For more information, please visit www.BankNewport.com.