News & Happenings

NEWPORT, RI (June 29, 2022) – BankNewport is pleased to announce that Portsmouth, RI resident Ana Tesa has been promoted to vice president, branch manager of its Stone Bridge branch, located at 1740 Main Road in Tiverton, and Cumberland resident David Nolan has been named vice president, branch manager for its downtown Providence branch located at […]

NEWPORT, RI (June 27, 2022) – BankNewport has made a $100,000 charitable contribution to the Newport Historic Spring to advance the effort to install a public park on the site of the original town spring and the birthplace of Newport. This represents the largest corporate contribution to the project to transform the former Coffey’s gas station […]

NEWPORT, RI (June 20, 2022) – BankNewport is pleased to announce that Chief Credit Officer and Chief Risk Officer Paul A. Marchetti has been promoted to executive vice president. During his seven-year tenure at BankNewport, Marchetti has developed best-in-class Risk Management and Credit Risk programs. He also has oversight for BankNewport’s Community Development program and is […]

NEWPORT, RI (June 14, 2022) – BankNewport is pleased to announce that it has awarded $45,000 in grants to five organizations in Rhode Island that provide education, training and workforce development: DownCity Design, East Bay Community Action Program, FirstWorks, Providence Promise, Rhode Island Tutorial and Education Services, and Save The Bay. “As a true community […]

NEWPORT, RI (June 13, 2022) – BankNewport held its first in-person Financial Education Fairs since 2020 for students at West Warwick High School and William S. Rogers High School in Newport last month. Throughout the school year, BankNewport conducted presentations on topics such as Careers, Checking and Savings, Digital Banking, Personal Insurance, and the Importance […]

NEWPORT, RI (May 19, 2022) – BankNewport proudly announced its accomplishments for 2021 at the annual meeting of OceanPoint Financial Partners (the “Company”), the mutual holding company of BankNewport, held in-person on Monday, April 25, 2022.  At year-end, total assets increased to a record-high of $2.35 billion, from its banking, marine lending, and wealth management […]