BankNewport
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.50% | Reward Checking | Go Checking 1.76% - National Average |
| 1.50% | 5-year CD | 60 Months Regular CD 1.85% - Synchrony Bank 60 Month CD |
| 0.40% | 1-year CD | 12 Months Regular CD 1.05% - Ally Bank High Yield 12-Month CD |
BankNewport is headquartered in Newport and is the 4th largest bank in the state of Rhode Island. It is also the 535th largest bank in the nation. It was established in 1819 and as of June of 2016, it had grown to 254 employees at 15 locations. BankNewport has an A health rating.
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Banknewport The Worst Bank In Rhode Island
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
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18129 |
| Year Established | 1819 |
| Employees | 254 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 8.02% |
| Annual Interest Income | $25.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.41B$1.34B |
| Loans | Q2 2016vs Q2 2015 | $1.08B$1.08B |
| Deposits | Q2 2016vs Q2 2015 | $1.11B$1.03B |
| Equity Capital | Q2 2016vs Q2 2015 | $145.3MM$133.1MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $9.6MM$9.0MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $7.8MM$6.9MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | - | $50k | Go Checking | ||
| OTHER TIERS: 0.14% → $50k+ | |||||
| 0.15%* | $10k* | - | Bonu$ Checking | ||
| OTHER TIERS: 0.02% → $2,500 - $5k | 0.05% → $5k - $10k | |||||
BankNewport CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.60% | $1k | - | 60 Months Relationship CD | |
| 1.50% | $1k | - | 60 Months Regular CD | |
| 1.40% | $1k | - | 48 Months Relationship CD | |
| 1.30% | $1k | - | 48 Months Regular CD | |
| 1.10% | $1k | - | 24 Months Relationship CD | |
| 0.90% | $1k | - | 24 Months Regular CD | |
| 0.90% | $500 | - | 36 Months Relationship CD | |
| 0.90% | $10k | - | 3 Year Flexible CD Special | |
| 0.80% | $500 | - | 36 Months Regular CD | |
| 0.75% | $1k | - | 18 Months Relationship CD | |
| 0.75% | $1k | - | 30 Months Relationship CD | |
| 0.65% | $1k | - | 18 Months Regular CD | |
| 0.60% | $1k | - | 30 Months Regular CD | |
| 0.50% | $1k | - | 12 Months Relationship CD | |
| 0.40% | $1k | - | 12 Months 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.60% | $500 | - | 60 Months Relationship IRA | |
| 1.50% | $500 | - | 60 Months Regular IRA | |
| 1.40% | $500 | - | 48 Months Relationship IRA | |
| 1.30% | $500 | - | 48 Months Regular IRA | |
| 1.10% | $500 | - | 24 Months Relationship IRA | |
| 0.90% | $500 | - | 24 Months Regular IRA | |
| 0.90% | $500 | - | 36 Months Relationship IRA | |
| 0.90% | $10k | - | 3 Year Flexible IRA Special | |
| 0.80% | $500 | - | 36 Months Regular IRA | |
| 0.75% | $500 | - | 18 Months Relationship IRA | |
| 0.75% | $500 | - | 30 Months Relationship IRA | |
| 0.65% | $500 | - | 18 Months Regular IRA | |
| 0.60% | $500 | - | 30 Months Regular IRA | |
| 0.50% | $500 | - | 12 Months Relationship IRA | |
| 0.40% | $500 | - | 12 Months Regular IRA | |
| 0.35% | $500 | - | 6 Months Relationship IRA | |
| 0.25% | $500 | - | 6 Months Regular IRA |
BankNewport has 15 locations. Click to view all BankNewport locations.