BankNewport Names John Saviano to Vice President, Business and Commercial Lending Officer

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 manager for Savi Homes, LLC & Saviano Investment Holdings, LLC. Prior to that, he was a business development officer at Admirals Bank. Saviano is a graduate of Rhode Island College and currently resides in Warren, Rhode Island.

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.