BankNewport

About

BankNewport is dedicated to serving the financial needs of individuals, families, and businesses throughout Rhode Island. As one of the oldest mutual savings banks in the United States, founded in 1819, their commitment is to the long-term financial success of their customers, not to shareholders. This mutual structure allows them to focus on building lasting relationships and reinvesting in the local communities they serve. Customers face a variety of financial challenges, from purchasing a home and planning for retirement to starting or expanding a small business. BankNewport addresses these challenges by offering a comprehensive suite of personal and business banking products, including a variety of checking and savings accounts, mortgages, and commercial loans. Their approach is to keep banking personal, ensuring that every customer receives the tailored support and guidance they need to achieve their unique financial goals. Understanding that the success of local businesses is the backbone of the Rhode Island economy, BankNewport has developed initiatives like SHOP401™ to increase the visibility and patronage of these enterprises. They see themselves as true partners to local entrepreneurs, providing not just financial products but also educational resources and dedicated support. This community-centric approach extends to significant corporate citizenship, with millions of dollars in donations and thousands of volunteer hours contributed by employees to strengthen local nonprofits and enrich lives across the state. By combining a long-standing history and a reputation for trust with a forward-thinking adoption of technology, BankNewport strives to make banking more convenient and effective. They are committed to empowering their customers and communities, believing that when local individuals and businesses thrive, the entire region prospers.