Featured Savings Rates
Featured Accounts


Popular Accounts at this Bank

2.00%5-year CD60 Months Regular CD
0.85%1-year CD12 Months Regular CD
0.05%SavingsStatement Savings Account

Overview / Commentary
10 Washington Square
Newport, RI 02840

BankNewport is headquartered in Newport and is the 4th largest bank in the state of Rhode Island. It is also the 533rd largest bank in the nation. It was established in 1819 and as of December of 2016, it had grown to 264 employees at 15 locations. BankNewport has an A health rating.

Related Posts

View all posts from:

Reviews (1)

Banknewport The Worst Bank In Rhode Island

Posted by: ripfox | Feb 9, 2016

This has to be the worst bank i have ever worked with this bank will do everything in it's power to hit you with overdraft charges
there customer service is rude every time it rains there system goes down you are better off with a larger bank as banknewport pay such
low wages to there workers they have no pro bankers to help you


Health Grade Components

FDIC Certificate #18129
Year Established1819
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD8.19%
Annual Interest Income$51.5MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$1.42B$1.38B
LoansQ4 2016vs Q4 2015$1.13B$1.08B
DepositsQ4 2016vs Q4 2015$1.13B$1.07B
Equity CapitalQ4 2016vs Q4 2015$148.2MM$137.5MM
Loan Loss AllowanceQ4 2016vs Q4 2015$10.4MM$9.2MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$9.4MM$7.5MM
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not BankNewport; we are a rate comparison website and cannot provide official rates or promotions.

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

BankNewport Savings Account Rates

0.25%*$100k*-Platinum Investment Savings
OTHER TIERS: 0.10% $1k - $25k | 0.15% $25k - $50k | 0.20% $50k - $100k
0.05%$100-IRA Statement Savings
0.05%$100-Statement Savings Account
0.05%$100-Business Statement Savings Account
0.05%$100-Roth IRA Statement Savings
0.05%$100-CESA Statement Savings
0.02%$25-Club Account

BankNewport Money Market Rates

0.25%*$75k*-Money Market Savings Account
OTHER TIERS: 0.05% $2,500 - $10k | 0.10% $10k - $25k | 0.15% $25k - $50k | 0.20% $50k - $75k
0.25%*$75k*-Business Money Market Savings Account
OTHER TIERS: 0.05% $2,500 - $10k | 0.10% $10k - $25k | 0.15% $25k - $50k | 0.20% $50k - $75k

BankNewport Checking Account Rates

0.15%*$10k*-Bonu$ Checking
OTHER TIERS: 0.02% $2,500 - $5k | 0.05% $5k - $10k

BankNewport CD Rates

2.25%$1k-60 Months Relationship CD
2.25%$1k-5 Year Spring Relationship CD Promotion
2.00%$1k-60 Months Regular CD
1.60%$1k-48 Months Relationship CD
1.50%$1k-48 Months Regular CD
1.25%$1k-24 Months Relationship CD
1.25%$1k-30 Months Relationship CD
1.25%$500-36 Months Relationship CD
1.15%$1k-18 Months Relationship CD
1.15%$1k-30 Months Regular CD
1.10%$1k-12 Months Relationship CD
1.10%$1k-1 Year Spring Relationship CD Promotion
1.05%$1k-18 Months Regular CD
1.00%$1k-24 Months Regular CD
1.00%$500-36 Months Regular CD
0.95%$1k-15 Month Relationship CD
0.85%$1k-12 Months Regular CD
0.85%$1k-15 Month Regular CD
0.35%$1k-6 Months Relationship CD
0.25%$1k-3 Months Relationship CD
0.25%$1k-6 Months Regular CD
0.20%$1k-3 Months Regular CD

BankNewport IRA Rates

2.25%$500-60 Months Relationship IRA
2.25%$500-5 Year Spring Relationship IRA Promotion
2.00%$500-60 Months Regular IRA
1.75%$500-33 Month Bump-Up Relationship IRA
1.60%$500-48 Months Relationship IRA
1.50%$500-48 Months Regular IRA
1.50%$500-33 Month Bump-Up IRA
1.25%$500-24 Months Relationship IRA
1.25%$500-30 Months Relationship IRA
1.25%$500-36 Months Relationship IRA
1.15%$500-30 Months Regular IRA
1.15%$500-18 Months Relationship IRA
1.10%$500-12 Months Relationship IRA
1.10%$500-1 Year Spring Relationship IRA Promotion
1.05%$500-18 Months Regular IRA
1.00%$500-24 Months Regular IRA
1.00%$500-36 Months Regular IRA
0.95%$500-15 Month Relationship IRA
0.85%$500-12 Months Regular IRA
0.85%$500-15 Month Regular IRA
0.35%$500-6 Months Relationship IRA
0.25%$500-6 Months Regular IRA

BankNewport has 16 locations. Click to view all BankNewport locations.