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BankNewport helping to feed hungry in R.I. during COVID-19 pandemic

LOCAL PARTNER: BankNewport CEO and President Sandra Pattie, left, and Wendy Kagan, executive vice president and director of employee and community engagement, display the...
OCEANPOINT Financial Partners, the parent company for BankNewport reported an $18.5 million 2019 profit.

BankNewport parent company reports $18.5M 2019 profit

NEWPORT – OceanPoint Financial Partners, the parent company of BankNewport, brought in an $18.5 million profit in 2019, the company reported Monday.. Year-end net income...

Local lenders report slowdown in PPP applications but increased anxiety over...

PROVIDENCE – The flood of applications from small businesses desperate for payroll relief has slowed to a trickle, local lenders say. But while demand for...

Five Questions With: Gregory Brooks

Gregory Brooks was recently named vice president of business intelligence for BankNewport. He previously served as assistant vice president of business intelligence for the...
UNITED WAY OF Rhode Island and the Rhode Island Foundation have established the Rhode Island COVID-19 Response Fund to assist nonprofits during the coronavirus outbreak.

United Way, R.I. Foundation create COVID-19 response fund to help nonprofits

PROVIDENCE – In an effort to help nonprofits with direct-service programs impacted by the COVID-19 pandemic, the United Way of Rhode Island and the...

Bank building renovation blends old design with new

BankNewport | 10 Washington Square, Newport Building owner and tenant: BankNewport Architect: DBVW Architects Developer/General contractor: Farrar Associates of Newport Cost: $5 million Use: The renovation of the historic...

SBA: Citizens, BankNewport top list of lenders to R.I. small...

PROVIDENCE – Citizens Bank was the top lender to Rhode Island small businesses through the U.S. Small Business Administration’s 7a loan program from Oct....

Magaziner highlights BankLOCAL success

PROVIDENCE – Rhode Island’s BankLOCAL program has offered 348 small-business loans and moved $37.5 million in cash deposits to state banks and credit unions...

Five Questions With: Gregory Derderian

Gregory Derderian serves as executive vice president, chief financial officer and director of strategic analysis for BankNewport. He was recently elected president of the...

BankNewport receives 2020 Common Good Award

NEWPORT – BankNewport was one of four Rhode Island businesses recognized for its philanthropy with a 2020 Common Good Award, according to a company...

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