BankNewport Names Mark Moreau Vice President, Commercial Lending
NEWPORT, R.I. (January 10, 2023) – BankNewport is pleased to announce that Mark Moreau has been named vice president, commercial lending. In his new position, Moreau is responsible for developing commercial loan production and cross sell opportunities, managing commercial loan portfolios, and supporting the Bank’s lending department in conformance with its policies and procedures.
Prior to his new role, Moreau was a vice president of commercial lending and credit manager at St. Anne’s Credit Union in Dartmouth, MA, and at HarborOne Bank in Brockton, MA. He is a graduate of the University of Massachusetts Dartmouth and is associated with United Way of Greater Plymouth County. Moreau currently resides in Lakeville, MA.
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 $7 million in grants, sponsorships, and donations over the past 11 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 7,300 hours annually. For more information, please visit www.banknewport.com