BankNewport is headquartered in Newport and is the 4th largest bank in the state of Rhode Island. It is also the 473rd largest bank in the nation. It was established in 1819 and as of December of 2021, it had grown to 338 employees at 18 locations. BankNewport has an A health rating.
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
Overall | |
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FDIC Certificate # | 18129 |
Year Established | 1819 |
Employees | 338 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.11% |
Return on Equity - YTD | 10.75% |
Annual Interest Income | $78.1MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $2.35B$2.06B |
Loans | Q4 2021vs Q4 2020 | $1.68B$1.61B |
Deposits | Q4 2021vs Q4 2020 | $2.03B$1.71B |
Equity Capital | Q4 2021vs Q4 2020 | $238.7MM$219.2MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $16.1MM$17.2MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $15.8MM$14.8MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $2k | - | BN Premium Checking |