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BankNewport awards $505,000 in grants to 45 R.I. organizations in Q2

NEWPORT – BankNewport awarded more than $505,000 in grants to 45 organizations throughout Rhode Island that focus on areas of need during the second...

BankNewport holding company reports record assets, loans for 2022

NEWPORT – OceanPoint Financial Partners, the mutual holding company for BankNewport, ended 2022 with a record $2.54 billion in assets and $1.93 billion in...

BankNewport visits Hope & Main after giving $10K to Nourish Our...

WARREN – BankNewport representatives recently visited the food-business incubator Hope & Main to highlight a $10,000 grant awarded through the bank’s All In Giving...

BankNewport holding company reports record assets, loans in 2021

NEWPORT – OceanPoint Financial Partners, the mutual holding company for Bank Newport, ended 2021 with a record $2.35 billion in assets and $1.01 billion...

BankNewport donates $74,000 to 74 R.I. nonprofits

NEWPORT – BankNewport recently donated a total of $74,000 in grants to 64 nonprofits to boost services during the holiday season, according to a...

Brand awareness key to BankNewport’s growth

PBN 2021 Fastest Growing Companies Awards $75 million and above: 5. BankNewport CEO (or equivalent): Jack Murphy, CEO and President 2020 Revenue: $101 million 2018 Revenue: $85.6...

Local lenders, borrowers find latest payroll loan process significantly smoother

PROVIDENCE – In a year that for many has felt like a decade, Josh Welch’s recollection of his initial application to the Paycheck Protection...

Five Questions With: Jack Murphy

Jack Murphy is the president of business banking at Citizens Bank. His business banking team at the Providence-based bank serves companies with up to...
JACK MURPHY is president of Citizens Business Banking. With more than 70 locations in Rhode Island, Citizens Bank recently won a 2018 Best of FinXTech Partnership award for its digital-lending platform for small businesses that it launched with Fundation. / COURTESY CITIZENS

Citizens partnership nets FinXTech award for digital-lending platform

PROVIDENCE – Citizens Bank has won a 2018 Best of FinXTech Partnership award for a small-business digital-lending platform it launched along with Fundation, a...
Jack Murphy, an industry veteran of 25 years, takes over as president of business banking at Citizens Bank. /COURTESY Citizens Bank

Citizens Bank taps Murphy to lead business banking

PROVIDENCE – Citizens Bank on Tuesday appointed Jack Murphy president of business banking. Murphy, an industry veteran of 25 years, takes over the position from...
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