BankNewport Names Victor Correia Portfolio Relationship Manager
NEWPORT, R.I. (November 23, 2022) – BankNewport is pleased to announce that Victor Correia has been named vice president, portfolio relationship manager in the Commercial Lending Group. In his position, Correia proactively supports commercial lenders in managing existing portfolio customers and assists with new customer acquisition activities, resolving issues, and managing the credit approval process, while also working closely with the Credit Underwriting Team to ensure loan packages are complete and credit decisions are reached in a timely fashion. Prior to his new position, Correia was vice president, branch manager of the Bank’s Warren office located at 323 Market Street.
“We are pleased to welcome Victor to the BankNewport Commercial Lending team,” said David Costa, Vice President, Manager of Portfolio Management. “His wealth of experience in the industry will provide existing and prospective customers with the unparalleled service we are proudly known for at BankNewport.”
Correia earned a Total Quality Management Certificate from the University of Rhode Island in South Kingstown and is currently pursuing a Bachelor of Fine Arts degree from Rhode Island College in Providence. He is a member of the East Bay Chamber of Commerce. Correia is a resident of Bristol, Rhode Island.
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.