BankNewport Names Kristen Folloni Vice President, Fraud and Security Officer
NEWPORT, R.I. (May 3, 2023) – BankNewport is pleased to announce that Kristen Folloni has been named vice president, fraud, and security officer. In her new role, Folloni is responsible for overseeing the Bank’s Fraud Risk Management Program, as well as managing the Security Program.
Prior to joining BankNewport, Folloni was security and facilities officer at Bristol County Savings Bank in Taunton, Massachusetts.
She holds a Bachelor of Science in criminal justice with a minor in psychology from the University of Massachusetts, Boston. A native of Bridgewater, Massachusetts, Kristen is a resident of Middleboro, Massachusetts.
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.