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BankNewport to open new branch in Johnston

JOHNSTON – BankNewport is scheduled to officially open its new banking branch office at 1423 Hartford Ave. on Dec. 4. The new branch will be...

Five Questions With: Larry Reagan

Larry Reagan is senior vice president, director of marine and recreational lending for OceanPoint Marine Lending, a division of Middletown-based BankNewport. He is responsible...
LEGAL ADVICE: Partridge, Snow & Hahn attorney Elizabeth Manchester chats with Sam Sylvester, vice president financial services at OceanPoint Insurance. Manchester was speaking at United Way about what nonprofits should do to ensure employees and employers don’t engage in harassment.
 / PBN PHOTO/
MICHAEL SALERNO

Nonprofits need formal harassment policies

Nonprofit leaders are often so focused on the mission that they can overlook essential policies that underpin their business. Many nonprofit organizations lack the formal...

Expansion, aquisitions ensuring lasting success

2019 PBN Fastest Growing Companies: $75M and above 4. BankNewport CEO (or equivalent): Sandra J. Pattie, CEO and president 2018 Revenue: $85,631,551 2016 Revenue: $66,528,437 Revenue growth: 28.7% BANKNEWPORT MARKED...

Report: BofA drops to No. 2 in R.I. market share after...

PROVIDENCE – While other banks’ in-state deposits have remained relatively stable, Bank of America Corp.’s total Rhode Island deposits dropped by $5.4 billion as...
RHODE ISLAND banking institutions' assets increased 29% year over year at the end of the second quarter. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

FDIC: R.I. banking assets increase 29% Y/Y in Q2

PROVIDENCE – Rhode Island banking institution assets increased 28.9% year over year to $174.1 billion in the second quarter of 2019, according to the...

BankNewport forms new marine lending division following acquisitions

NEWPORT – BankNewport is expanding its “marine lending” business with the formation of OceanPoint Marine Lending, a new division of the bank. Over the past...

BankNewport in Washington Square to be renovated

NEWPORT – BankNewport has hired Sage Environmental, DBVW Architects and DiPrete Engineering to redesign and redevelop its offices in Washington Square. The project will update...

Five Questions With: Leland R. Merrill

Leland R. Merrill is executive vice president and chief operating officer for BankNewport. He is responsible for planning, organizing and controlling the bank's operational...
WASHINGTON TRUST was named No. 1 in Rhode Island for overall quality at the Banking Choice Awards this year. Above, Washington Trust Chairman and CEO Edward O. Handy III. / PBN FILE PHOTO MICHAEL SALERNO

Washington Trust earns top overall quality honor at Banking Choice Awards

PROVIDENCE – Washington Trust ranked No. 1 for overall quality of a bank in Rhode Island at the 2019 Banking Choice awards, according to...
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