Friday, August 14, 2026

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MOVING IN: 
Construction worker Fabiola Roman installs drywall at a new Bank Rhode Island branch in Newport in 2023. The bank is now called Beacon Bank. Several smaller banks expanded their branch networks in Rhode Island over the last five years, while bigger financial institutions shuttered some of their branches. 
PBN FILE PHOTO/DAVID HANSEN

Banks adjust as borrowing costs climb

In early 2022, Rhode Island’s banks were still operating in an environment defined by abundant liquidity and historically low interest rates. COVID-19 pandemic-era stimulus programs...

PBN unveils 2026 Healthiest Employers of Rhode Island

PROVIDENCE – Twenty-seven organizations have been named as honorees in Providence Business News’ 2026 Healthiest Employers of Rhode Island Awards program. All the honorees for...
Bed, bank and beyond: BankNewport employees participate in a charity program to build beds for children.  
COURTESY BANKNEWPORT

BankNewport


PBN Best Places to Work 2026 Awards LARGE COMPANIES #6. BankNewport Employees in R.I.: 326 CEO and president Jack Murphy Questions answered by Alexandra Pelison, assistant vice president...
NEW NEIGHBOR: Centreville Bank is preparing to move into the Lauderdale Building on Westminster Street in downtown Providence, a few doors down from Chase Bank and The Washington Trust Co. 
PBN PHOTO/WILLIAM HAMILTON

Banks doubling down on downtown branches

Bristol County Savings Bank cut the ribbon on its new full-service branch at 5 Exchange St. in downtown Providence in March, placing another community...
HELPING HAND: Lindsey Ricci, a real estate agent at eXp Realty LLC, says the RI AnchorHome program gives prospective homebuyers an extra boost in securing financing. 
PBN PHOTO/MICHAEL SALERNO  

R.I. treasury deposits fuel lower mortgage costs

Rhode Island’s real estate landscape, with rising home prices and limited availability, is pushing the dream of homeownership out of reach for many residents. In...

BankNewport Charitable Foundation awards over $470K in spring grants

NEWPORT – The BankNewport Charitable Foundation awarded more than $470,000 in its spring 2026 grant cycle, supporting nearly 50 nonprofit organizations across Rhode Island. The...

BankNewport holding company reports record $3B in assets at annual meeting

NEWPORT – OceanPoint Financial Partners, the mutual holding company for BankNewport, reported record total assets of $3 billion for 2025, the company announced at...

PBN names 2026 Best Places to Work honorees

PROVIDENCE – Sixty-eight honorees have been named by Providence Business News for its 2026 Best Places to Work Awards program. Each of the companies and...

BankNewport teams up with Green PayTech to streamline merchant payments

NEWPORT – BankNewport recently announced a new partnership with Green PayTech, providing business customers with upgraded merchant services across Rhode Island and beyond. The collaboration gives...

America250-Enduring Success: BankNewport

(Editor’s note: This is the second installment in a weekly series featuring Rhode Island’s oldest companies as the nation approaches the 250th anniversary of...
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