BankNewport will never email or call you to verify or update sensitive information such as account numbers, PIN numbers, user ID, passwords, security questions, or social security numbers.

BankNewport Names Cheryl Galloway Assistant Vice President, Community Lending Officer


NEWPORT, R.I. (October 1, 2022) – BankNewport is pleased to announce that Cheryl Galloway has been named assistant vice president, community lending officer. In her new role, Galloway is responsible for facilitating the loan process for clients, including first-time homebuyers, reviewing credit reports, income, and assets information, and advising on loan programs that best fit their needs.

Galloway brings more than 20 years’ experience in client and customer relationships. She was most recently Director of Admissions at TIMES2 STEM Academy for 10 years. Prior to that she had a 15-year career in banking, including at Mortgage Horizon, PFG Lending, and Cornerstone Mortgage as a Bilingual Loan Officer.

Galloway holds a Bachelor of Arts in Psychology from Charter Oak State College with a concentration in Urban and Community Studies and is fluent in Spanish. A Native of Honduras, Central America, she resides in Providence with her husband, three children and a grandchild.


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, with commercial lending offices in Cumberland and Providence.

BankNewport business lines include OceanPoint Marine Lending, specializing in consumer marine and recreational vehicle financing programs, and OceanPoint Insurance, a Trusted Choice independent insurance agency, providing a broad range of property casualty insurance products, including employee benefits and marine related insurance products.