NewportFed names new commercial-lending team

NewportFed, a division of Savings Institute Bank & Trust, has announced the creation of a four-person team of commercial lenders based in the bank’s Bellevue Avenue offices. More

To continue reading this article, please do one of the following.



financial services

NewportFed names new commercial-lending team

Posted 10/29/13

NEWPORT – NewportFed, a division of Savings Institute Bank & Trust, has announced the creation of a four-person team of commercial lenders based in the bank’s Bellevue Avenue offices.

The commercial lending team consists of Tim Burns, who has extensive experience at NewportFed in originating and managing commerical loans; Cristina Feden, who has previous experience in commercial lending at PNC Bank; James Cavallaro, who has 12 years of commercial lending experience in Rhode Island with companies including Bank of Amercia, Citizens Bank and Sovereign Bank; and David Williamson, who has experience in small business banking with Bank of America.

“We’ve always offered businesses highly competitive rates, but with a team of this caliber, we now also offer what I believe will be an unparalled level of service,” said Rheo Brouillard, president and CEO of Savings Bank & Trust, parent company of NewportFed.

Willamantic, Conn - based Savings Institute Bank & Trust acquired NewportFed in September. The NewportFed name has been kept on the five branches in Rhode Island and one in Pawcatuck, Conn., Savings Bank & Trust retained its named on its 20 Connecticut branches

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News