BankNewport Names Denise DiDonato to Vice President, Credit Administration Manager
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, collections, small business lending credit processes as well as maintaining and developing commercial vendor relationships.
Prior to joining BankNewport, DiDonato held the same position at the Savings Institute Bank & Trust Company in Willimantic, Connecticut and Portsmouth, Rhode Island, and was previously affiliated with other financial institutions in Rhode Island. In 2014, DiDonato received the Rhode Island Small Business Administration Financial Champion Award for her efforts to assist RI small businesses realize their professional goals. She currently resides with her husband, Joseph DiDonato in Killingly, Connecticut.
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.