BankNewport
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.75% | 5-year CD | 60 Month Regular CD 2.35% - Synchrony Bank 60 Month CD |
| 0.75% | 1-year CD | 12 Month Regular CD 1.40% - Synchrony Bank 12 Month CD |
| 0.02% | Savings | Goal Saver Account |
BankNewport is headquartered in Newport and is the 4th largest bank in the state of Rhode Island. It is also the 543rd largest bank in the nation. It was established in 1819 and as of March of 2017, it had grown to 281 employees at 16 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 Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18129 |
| Year Established | 1819 |
| Employees | 281 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 7.88% |
| Annual Interest Income | $13.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $1.43B$1.41B |
| Loans | Q1 2017vs Q1 2016 | $1.12B$1.09B |
| Deposits | Q1 2017vs Q1 2016 | $1.15B$1.10B |
| Equity Capital | Q1 2017vs Q1 2016 | $151.7MM$141.6MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $10.5MM$9.5MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $7.1MM$7.6MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $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 | ||
| 0.02% | $25 | - | Goal Saver 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 | |
|---|---|---|---|---|---|
| 0.15%* | $10k* | - | Bonu$ Checking | ||
| OTHER TIERS: 0.02% → $2,500 - $5k | 0.05% → $5k - $10k | |||||
BankNewport CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | $1k | - | 60 Month Relationship CD | |
| 1.75% | $1k | - | 48 Month Relationship CD | |
| 1.75% | $1k | - | 60 Month Regular CD | |
| 1.50% | $1k | - | 36 Month Relationship CD | |
| 1.50% | $1k | - | 48 Month Regular CD | |
| 1.50% | $1k | - | 33 Month Bump-Up Relationship CD | |
| 1.35% | $1k | - | 30 Month Relationship CD | |
| 1.30% | $1k | - | 18 Month Relationship CD | |
| 1.25% | $1k | - | 24 Month Relationship CD | |
| 1.25% | $1k | - | 36 Month Regular CD | |
| 1.25% | $1k | - | 33 Month Bump-Up CD | |
| 1.10% | $1k | - | 30 Month Regular CD | |
| 1.10% | $1k | - | 15 Month Relationship CD | |
| 1.05% | $1k | - | 18 Month Regular CD | |
| 1.00% | $1k | - | 12 Month Relationship CD | |
| 1.00% | $1k | - | 24 Month Regular CD | |
| 0.85% | $1k | - | 15 Month Regular CD | |
| 0.75% | $1k | - | 12 Month Regular CD | |
| 0.35% | $1k | - | 6 Month Relationship CD | |
| 0.25% | $1k | - | 3 Month Relationship CD | |
| 0.25% | $1k | - | 6 Month Regular CD | |
| 0.20% | $1k | - | 3 Month Regular CD |
BankNewport IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | $500 | - | 60 Month Relationship IRA | |
| 1.75% | $500 | - | 60 Month Regular IRA | |
| 1.75% | $500 | - | 48 Month Relationship IRA | |
| 1.50% | $500 | - | 48 Month Regular IRA | |
| 1.50% | $500 | - | 36 Month Relationship IRA | |
| 1.50% | $500 | - | 33 Month Bump-Up Relationship IRA | |
| 1.35% | $500 | - | 30 Month Relationship IRA | |
| 1.30% | $500 | - | 18 Month Relationship IRA | |
| 1.25% | $500 | - | 36 Month Regular IRA | |
| 1.25% | $500 | - | 24 Month Relationship IRA | |
| 1.25% | $500 | - | 33 Month Bump-Up IRA | |
| 1.10% | $500 | - | 30 Month Regular IRA | |
| 1.10% | $500 | - | 15 Month Relationship IRA | |
| 1.05% | $500 | - | 18 Month Regular IRA | |
| 1.00% | $500 | - | 24 Month Regular IRA | |
| 1.00% | $500 | - | 12 Month Relationship IRA | |
| 0.85% | $500 | - | 15 Month Regular IRA | |
| 0.75% | $500 | - | 12 Month Regular IRA | |
| 0.35% | $500 | - | 6 Month Relationship IRA | |
| 0.25% | $500 | - | 6 Month Regular IRA |
BankNewport has 16 locations. Click to view all BankNewport locations.