Five Questions With: Leland Merrill Jr.

RHODE ISLANDERS seem to be doing fewer home renovation projects, based on the volume and types of home equity loans they are taking out, says BankNewport Executive Vice President of Commercial Lending Leland Merrill Jr. / COURTESY BANKNEWPORT
RHODE ISLANDERS seem to be doing fewer home renovation projects, based on the volume and types of home equity loans they are taking out, says BankNewport Executive Vice President of Commercial Lending Leland Merrill Jr. / COURTESY BANKNEWPORT
Leland Merrill Jr. is executive vice president of commercial lending at BankNewport. He oversees all aspects of commercial and consumer lending operations. PBN: With interest rates so low, is the bank seeing an increase in home equity loans? MERRILL: BankNewport offers both home equity term loans and home equity lines of credit. We have experienced…
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