Tag: OceanPoint Financial Partners
BankNewport reports $136.7M in revenue for 2023, up 29.5% from a...
NEWPORT – OceanPoint Financial Partners, the mutual holding company for BankNewport, ended 2023 with a record $2.68 billion in assets and $2.14 billion in...
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...
Hilb Group acquires OceanPoint Insurance from BankNewport parent
PROVIDENCE – The Hilb Group has purchased Middletown-based OceanPoint Insurance from OceanPoint Financial Partners MHC, the holding company that also owns BankNewport.
The terms of...
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 parent company reports record 2020 assets, loan originations
NEWPORT – OceanPoint Financial Partners, the holding company for BankNewport, reached record-highs in assets and new loans in 2020, the company reported in its...
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...
Five Questions With: David J. Madara
David J. Madara handles insurance for nonprofit organizations for OceanPoint Insurance Agency Inc. in Barrington. The agency is a subsidiary of BankNewport and OceanPoint...
OceanPoint Insurance hosts workshops to strengthen nonprofits
MIDDLETOWN – OceanPoint Insurance, a subsidiary of BankNewport and OceanPoint Financial Partners, will host a series of workshops to discuss issues affecting nonprofits, the...
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...
BankNewport surpasses $500M in commercial loans, reports $1.4B in 2016 assets
NEWPORT – BankNewport recently announced it surpassed $500 million in commercial loans for the first time in company history, and reported record-breaking 2016 assets...
