BankNewport has expanded its Business Banking Group with the hiring of a new vice president, business development officer, Steven Carneiro. He will be responsible for business development, commercial loan production, cross sales origination and cross team collaboration in the Coventry, Cranston, East Greenwich, North Kingstown, Warwick and greater Kent County market.
Carneiro comes to BankNewport from the People’s Credit Union where he served as a business and residential lending manager. He was formerly vice president, business development officer at Bank of America.
Carneiro earned an Associate of Science in Business Management from the Community College of Rhode Island. Steven is a resident of West Warwick, 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. In addition, OceanPoint Insurance Agency, Inc., a subsidiary of BankNewport, offers a broad range of property casualty insurance products and a full array of financial services. With 16 banking offices and $1.5 billion in assets, BankNewport is one of the oldest community banks in the United States and, as a mutual organization, is committed to the financial success of its customers, employees and communities.
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