Reposition
BankNewport is a forward-thinking community bank that's focused on helping Rhode Islanders achieve their financial goals for 200 years. It is a mutual company with over $1.7 billion in assets. Having no stockholders, earnings are reinvested to serve its customers and communities. With a full complement of personal and business banking products, BankNewport is proud to serve the financial needs of customers from conveniently located banking offices throughout Rhode Island.
BankNewport - Recent News & Articles
Private equity firms including Apollo Global, KKR, Blackstone and Brookfield are accelerating efforts to make low-risk loans, encroaching on territory...
The first bank failure of 2024 punctuates the discord that has brewed at Republic First for more than two years. Fulton, meanwhile, will double its Ph...
The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...
In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...
Banks have now regained all deposits they lost following the collapse of Silicon Valley Bank. But that doesn't solve many of the problems still faced ...
The six largest U.S. banks saw delinquent commercial property loans nearly triple to $9.3 billion in 2023 amid high vacancy rates and increasing borro...
Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portf...
Federal Reserve Chair Jerome Powell joined a chorus of US officials who have argued that mounting bad commercial real estate loans will likely cause s...
The $1 billion-plus injection that New York Community Bank announced Wednesday is the latest example of private equity players coming to the need of a...
Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...