BankNewport

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.banknewport.com

401-849-1244

10 Washington Square
Newport, RI 02840

BankNewport is headquartered in MIDDLETOWN and is the 4^th largest bank in the state of Rhode Island. It is also the 440^th largest bank in the nation. It was established in 1819 and as of March of 2025, it had grown to 325 employees at 20 locations. BankNewport has an A health rating.

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Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	18129
Year Established	1819
Employees	325
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.4%
Return on Equity - YTD	4.11%
Annual Interest Income	$36.6MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$2.85B$2.7B
Loans	Q1 2025vs Q1 2024	$2.28B$2.15B
Deposits	Q1 2025vs Q1 2024	$2.23B$2.18B
Equity Capital	Q1 2025vs Q1 2024	$280.1MM$258.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$19.1MM$14.4MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$19.4MM$12.8MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Money Market
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IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

BankNewport Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$100	-	Statement Savings Account
0.05%	$100	-	Business Statement Savings Account

BankNewport Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%^*	$250k^*	-	Premium Money Market
OTHER TIERS: 0.05% → $2.5k - $25k \| 0.15% → $25k - $75k \| 0.50% → $75k - $250k
1.75%^*	$500k^*	-	Business Select Plus Money Market
OTHER TIERS: 0.10% → $10k - $50k \| 0.15% → $50k - $100k \| 0.20% → $100k - $250k \| 0.50% → $250k - $500k
0.20%^*	$75k^*	-	Money Market Savings Account
OTHER TIERS: 0.02% → $2.5k - $10k \| 0.05% → $10k - $25k \| 0.10% → $25k - $50k \| 0.15% → $50k - $75k
0.20%^*	$75k^*	-	Business Money Market Savings Account
OTHER TIERS: 0.02% → $2.5k - $10k \| 0.05% → $10k - $25k \| 0.10% → $25k - $50k \| 0.15% → $50k - $75k

BankNewport CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.25%	$1k	-	7 Month CD Special
4.25%	$1k	-	9 Month CD Special
4.15%	$1k	-	12 Month CD Special
3.75%	$1k	-	18 Month Regular CD
3.75%	$1k	-	18 Month Premium Gold CD
3.75%	$1k	-	24 Month Regular CD
3.75%	$1k	-	24 Month Premium Gold CD
3.00%	$1k	-	6 Month Premium Gold CD
3.00%	$1k	-	6 Month Regular CD

BankNewport IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.25%	$1k	-	7 Month IRA Special
4.25%	$1k	-	9 Month IRA Special
4.15%	$1k	-	12 Month IRA Special
3.75%	$500	-	18 Month Regular IRA
3.75%	$500	-	24 Month Regular IRA
3.75%	$500	-	18 Month Premium Gold IRA
3.75%	$500	-	24 Month Premium Gold IRA
3.00%	$500	-	6 Month Regular IRA
3.00%	$500	-	6 Month Premium Gold IRA
0.05%	$100	-	IRA Statement Savings

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