BankNewport is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Newport, Rhode Island, established in 01/01/1819. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 19 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, BankNewport reported total assets of $2,678,836 and manages deposits totaling $2,131,387 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $6,658 thousands last year. For more details, visit their website at www.banknewport.com.
Bank Information:
- Bank Name: BankNewport
- Address: 10 Washington Sq, Newport, Newport, RI, 2840
- Website: www.banknewport.com
Classification and Operations:
- State: Rhode Island
- Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
- Bank Class: State savings, co-op, or industrial bank, FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 19
- Number of Foreign Offices: 0
- Total Assets: $2,678,836
- Total Deposits: $2,131,387
- Domestic Office Deposits: $2,131,387
Financial Data:
- Net Income (Attributable to Bank): $6,658
Establishment and Record:
- Established Date: 01/01/1819
- Last Recorded Data on: 04/12/2024