BankNewport

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.00%	5-year CD	60 Month Regular CD 2.80% - Barclays 60 Month Online CD
0.75%	1-year CD	12 Month Regular CD 2.35% - Synchrony Bank 14 Month CD Special
0.02%	Savings	Goal Saver Account 1.65% - Synchrony Bank High Yield Savings

View all BankNewport rates »

Overview / Commentary

www.banknewport.com

877-709-2265

10 Washington Square
Newport, RI 02840

BankNewport is headquartered in Newport and is the 4^th largest bank in the state of Rhode Island. It is also the 524^th largest bank in the nation. It was established in 1819 and as of December of 2017, it had grown to 286 employees at 15 locations. BankNewport has an A health rating.

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

Comment

7

Health

A

Data as of Q4 2017

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	18129
Year Established	1819
Employees	286
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.77%
Return on Equity - YTD	7.44%
Annual Interest Income	$58.0MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$1.54B$1.42B
Loans	Q4 2017vs Q4 2016	$1.21B$1.13B
Deposits	Q4 2017vs Q4 2016	$1.26B$1.13B
Equity Capital	Q4 2017vs Q4 2016	$160.0MM$148.2MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$10.9MM$10.4MM
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$11.5MM$9.4MM
Real Estate Owned	Q4 2017vs Q4 2016	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

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

APY	MIN	MAX	ACCOUNT NAME
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
0.45%^*	$250k^*	-	Premium Money Market
OTHER TIERS: 0.05% → $2,500 - $25k \| 0.15% → $25k - $75k \| 0.35% → $75k - $250k
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
0.10%	$2k	-	BN Premium Checking

BankNewport CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%	$1k	-	36 Month Relationship CD
2.75%	$1k	-	36 Month Regular CD
2.25%	$1k	-	60 Month Relationship CD
2.15%	$10k	-	15 Month CD Special - New Money
2.00%	$1k	-	60 Month Regular CD
2.00%	$10k	-	11 Month CD Special - New Money
1.75%	$1k	-	48 Month Relationship CD
1.50%	$1k	-	18 Month Relationship CD
1.50%	$1k	-	48 Month Regular CD
1.35%	$1k	-	30 Month Relationship CD
1.25%	$1k	-	18 Month Regular CD
1.25%	$1k	-	24 Month Relationship CD
1.10%	$1k	-	30 Month Regular CD
1.10%	$1k	-	15 Month Relationship 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
3.00%	$500	-	36 Month Relationship IRA
2.75%	$500	-	36 Month Regular IRA
2.25%	$500	-	60 Month Relationship IRA
2.15%	$10k	-	15 Month IRA Special - New Money
2.00%	$500	-	60 Month Regular IRA
2.00%	$10k	-	11 Month IRA Special - New Money
1.75%	$500	-	48 Month Relationship IRA
1.50%	$500	-	48 Month Regular IRA
1.50%	$500	-	18 Month Relationship IRA
1.35%	$500	-	30 Month Relationship IRA
1.25%	$500	-	18 Month Regular IRA
1.25%	$500	-	24 Month Relationship IRA
1.10%	$500	-	30 Month Regular IRA
1.10%	$500	-	15 Month Relationship 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

Locations

Availability

Providence Area

Providence Area bank & credit union details

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 feedback@depositaccounts.com 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.