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About Banknewport:
Headquartered in Newport, RI, Banknewport is the 596th largest bank in the U.S. Banknewport is also the 5th largest bank in RI.
- Banknewport has, across the country, 12 branches. Banknewport has 272 full-time employees working for it.
- Banknewport was established on 1/1/1819.
- The total assets of Banknewport are $1.1 Billion. Banknewport also has a net operating income of $2 Million.
- Banknewport is one of thousands of banks in the U.S. - and if you're looking for the best CD Rates or High-Yield Savings accounts, having several banks bid against each other is one of the most efficient ways to get great rates. Run a free, live auction: Compare Banknewport to MoneyAisle's CD rates. The entire process only takes a couple of minutes.
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Banknewport - Fast Facts
- Bank Legal Name: BankNewport
- FDIC #: 18129
- Headquarters: Newport, RI
- Date Established: January 01, 1819
OCEANPOINT FINANCIAL PARTNERS, MHC - Financials
OCEANPOINT FINANCIAL PARTNERS, MHC is the holding company for Banknewport
(FDIC #18129). Financials below apply to OCEANPOINT FINANCIAL PARTNERS, MHC
holding company.
|
Q4-08 |
Q1-09 |
Change |
| Rank in US by Asset Size |
577 |
596 |
19 |
| Total Assets |
$1,102 M |
$1,090 M |
$12 M |
| Cash & Balances Due from Depository Institution |
$14 M |
$15 M |
$1 M |
| Total Deposits |
$769 M |
$815 M |
$46 M |
| Total Liabilities |
$1,015 M |
$1,002 M |
$13 M |
| Net Operating Income |
$5 M |
$2 M |
$3 M |
| Net Interest Income |
$28 M |
$7 M |
$21 M |
| Branches |
12 |
12 |
0 |
| Employees |
275 |
272 |
3 |
Data from FDIC as of 12/31/2008 and 3/31/2009