BankNewport


Overview / Commentary
401-849-1244
10 Washington Square
Newport, RI 02840

BankNewport is headquartered in MIDDLETOWN and is the 5th largest bank in the state of Rhode Island. It is also the 448th largest bank in the nation. It was established in 1819 and as of December of 2024, it had grown to 322 employees at 20 locations. BankNewport has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #18129
Year Established1819
Employees322
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD3.84%
Annual Interest Income$140.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$2.8B$2.68B
LoansQ4 2024vs Q4 2023$2.28B$2.12B
DepositsQ4 2024vs Q4 2023$2.27B$2.13B
Equity CapitalQ4 2024vs Q4 2023$272MM$258MM
Loan Loss AllowanceQ4 2024vs Q4 2023$18.1MM$15.8MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$18.3MM$11.3MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates
Skip to rates for:
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$100-Statement Savings Account
0.05%$100-Business Statement Savings Account

BankNewport Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.