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BankNewport Breaks Ground on Future Lincoln Branch

12.22.22

Middletown, RI – December 22, 2022 – BankNewport recently broke ground at the site of its future branch in Lincoln, Rhode Island, located at 3 Wake Robin Road. Once completed, the branch will be the more than 200-year-old institution’s 19th location.

 

“We are thrilled to announce Lincoln as the location of our next branch,” said Mary Leach, Executive Vice President, Chief Retail Banking and Lending Officer, BankNewport. “We look forward to integrating into the Lincoln community as a good neighbor and partner to the businesses and residents of the town, and providing an unparalleled banking experience for every customer to ensure their individual financial needs are being met.”

 

The new 2,500 square-foot full-service branch, slated to open in May 2023, will feature the latest banking technologies for customer convenience, including an image-enabled Personal Teller Machine (PTM) providing extended hours for banker support.

 

A team of five financial professionals comprised of a relationship banker, a designated mortgage banker and a business banker, led by Branch Manager Carlos Cabral, will be available to assist with all banking transactions, as well as consumer loan originations, residential mortgages, commercial lending, business banking referrals, cash management, merchant services, online banking and mobile banking services.

 

“We are thrilled to welcome BankNewport to the Town of Lincoln,” said Liz Catucci, President & CEO, Northern RI Chamber of Commerce. “BankNewport has been a long-standing partner of the Northern Rhode Island Chamber of Commerce and we are so grateful for all they have done for our community and wish them continued success!”

Pictured left to right:

Liz Catucci, President & CEO, Northern RI Chamber of Commerce; Peter Capodilupo, BankNewport Chairman of the Board; Mary Leach, Executive Vice President/Chief Retail Banking and Lending Officer; Philip Gould, Town Administrator, Town of Lincoln.

 

 

 

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 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