Tag: BankNewport
SBA-backed loans in R.I. decline in first half of fiscal 2018
PROVIDENCE — Halfway through the current fiscal year, the U.S. Small Business Administration has guaranteed 7.5 percent less in loans to local businesses, even...
BankNewport acquires Offshore Financial
NEWPORT – BankNewport has acquired a New Jersey financial company to operate as its marine-lending division.
The Newport-based bank on Monday announced the purchase of...
BankNewport’s Kagan provides theme for 2018 Go Red for Women luncheon
PROVIDENCE – The 2018 Southern New England Go Red for Women luncheon, part of the American Heart Association Go Red for Women movement, will take place...
FHLB provides $1.8M for affordable housing in Rhode Island
PROVIDENCE – The Federal Home Loan Bank of Boston last week announced it provided $1.8 million in grants and loans to support affordable housing...
Small banks, credit unions still finding value in opening new branches
When was the last time you went to the bank?
If you can’t remember, you’re not alone. Waiting in line for the bank teller is...
BankNewport seeks approval for 2 Providence branches
PROVIDENCE – BankNewport is expanding into Providence, WPRI-TV CBS 12 reported Nov. 20.
The mutual savings bank has requested approval from the R.I. Department of...
Citizens Bank grows share of deposits in the region
PROVIDENCE –Citizens Bank N.A. cemented its position as the bank in the region with the highest market share of deposits on June 30, according...
BankNewport balances digital, brick and mortar services
FASTEST GROWING COMPANIES | $25M-$75M | 5TH PLACE
As one of the oldest mutual savings banks in the United States, BankNewport has successfully balanced its...
Massachusetts Bankers Association elects new board of directors
BOSTON – The Massachusetts Bankers Association last week elected nine executives to serve on its board of directors, including the reappointment of Patrick J....
R.I. banks saw strong results in 2017 1Q
Rhode Island banks grew profit at a much faster pace than their peers nationwide and in New England during the first quarter of 2017,...
