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3.5
3 ratings
4.0
Salary & Benefits
1.7
Professional growth
4.3
Work-Life balance
3.7
Recognition & Support
4.0
Culture & Values
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BankNewport is a banking and financial service provider for the community and business companies in Rhode Island. It is considered to be a community and private bank serving more customers than ever with 17 branches in Rhode Island. It was established in 1819. The headquarter is located in Middletown, Rhode Island, United States. This bank is acquired by OceanPoint Financial Partners LLC. BankNewport specializes in personal banking, business banking, student loans, digital banking, mobile banking, auto loans, home loans, home lending, mortgage, commercial lending, real estate loans, insurance, and investment services for thousands of customers not only Rhode Island but in the entire United States.

Company - Private
$50M to $100M
Medium
Multiple locations
Commercial Banking Companies
What departments BankNewport employees work at?
DepartmentsRatio
other occupation58.5%
Accounting / Finance41.5%
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See what companies are similar to BankNewport
Commercial Banking Companies
Large size
Commercial Banking Companies
Medium size
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Team

Professional experience

How many years of experience do BankNewport employees have before joining?
Years of experience at BankNewport: Newcomers: 15%, Experiencers: 18%, Experts: 21%, Veterans: 46%. BankNewport employees have 8+ years experience on average before joining.
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Where did BankNewport employees work before joining?
Where they've worked before BankNewport: Admirals Bank, Bank of America, Bank Rhode Island. Typical BankNewport employees have worked at Admirals Bank.
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Admirals Bank
Bank of America
Bank Rhode Island
What industries did BankNewport employees work in previously?
Industry Background: The most typical industries of BankNewport: Commercial Banking Companies, Investment Banking & Securities Brokerage Firms, Colleges / Universities, Insurance Agency & Brokerage Firms, Consulting Companies. BankNewport employees m
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Where did BankNewport employees work before joining?
Past employers' size at BankNewport: Small: 27%, Medium: 29%, Large: 44%. Most BankNewport employees have previously worked at large companies.
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Educational background

What did employees at BankNewport study?
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Where did employees at BankNewport study?
Bryant University
Community College of Rhode Island
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Employee data

How long do people stay in a role at BankNewport?
Time employed at BankNewport: <1: 13%, 1-3: 35%, 4-8: 23%, 9-13: 10%, 14-20: 10%, 20+: 9%. Most BankNewport employees stay with the company for 1-3 years which is less than the industry average.
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How does BankNewport rank for age & gender diversity?
Gender ratio at BankNewport: 47.3% Male and 52.7% Female. Age ratio at BankNewport: 16-20: 0%, 21-30: 40%, 31-40: 29%, 41-50: 16%, 51-60: 11%, 60+: 4%. BankNewport rates - 9.7% more female than the industry average. Most BankNewport employees are 21-
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Career advancement

How does BankNewport rank for career advancement?
Career advancement at BankNewport: low. BankNewport ranks low for career advancement which is same as the industry average.
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Discussion about BankNewport

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Share your thoughts and ideas about BankNewport with others in our community.
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gender breakdown at BankNewport?
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Sophie Hayes4 years ago
gender ratio is 52.7% female, 47.3% male.
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What industry does BankNewport fall under?
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Sophie Hayes4 years ago
Banking/Mortgage.
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Where is the headquarters of BankNewport?
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Sophie Hayes4 years ago
It’s in Middletown, RI.
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I’d like to know how much BankNewport makes per year.
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Liam Brown4 years ago
They make $50m to $100m
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What companies are similar to BankNewport?
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Liam Brown4 years ago
Bank of America, Bank Rhode Island, BayCoast Bank, Centreville Bank, Citizens Bank, Navigant Credit Union, Pawtucket Credit Union, The Washington Trust Company.
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what are the chances of career advancement at BankNewport?
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Sophie Hayes4 years ago
low.
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What’s the average length of tenure at BankNewport?
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Liam Brown4 years ago
Typically 1-3 year(s).
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What size of companies did BankNewport employees used to work for?
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Isabella Holmes4 years ago
Most worked for large businesses before.
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Top future employers of BankNewport employees?
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Sophie Hayes4 years ago
Bank of America, Carousel Industries, Centreville Bank, Citizens Bank, Mechanics Cooperative Bank, Merrill Edge, State of Rhode Island, The Washington Trust Company.
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Which companies did employees work for before starting at BankNewport?
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Sophie Hayes4 years ago
Most of BankNewport’s employees worked for one of these companies Admirals Bank, Bank of America, Bank Rhode Island, Citizens Bank, Embrace Home Loans, Santander Bank, The Washington Trust Company, Webster Bank.
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How old are BankNewport’s employees in general?
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Benjamin Gardner4 years ago
around 21-30.
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Where did most of BankNewport employees go to school?
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Benjamin Gardner4 years ago
Bryant University, Community College of Rhode Island, Rhode Island College, Salve Regina University, University of Rhode Island.
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I just applied for financial analyst job πŸ˜₯
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A year ago
Senior credit analyst is what i applied for β™ˆ
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A year ago
Is it the position in MIddletown cos I just did too 🀝
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The community projects we spend money and time for is fantastic and breathtaking ☺
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A year ago
7300 hours spent by employees in community projects
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A year ago
I don't like the way companies take pride in doing good 🀐
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Any idea of similar companies, need a change of environment?
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A year ago
You could do more research instead of this πŸ₯Ό
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A year ago
I hope you are aware that jobs are hard to come by these days πŸ™„
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Where the headquarters at cos I am more confused?
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A year ago
Middletown in Rhode Island πŸ’―
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A year ago
Confused about what 🀨
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The trainings ae so good and help with professional development
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A year ago
Has helped me a lot
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A year ago
i did not enjoy a single training πŸ™„
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Heard the pay is kind of good 🀨
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A year ago
Its average πŸ™
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A year ago
Competitive pay actually πŸ‘
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The awards and achievements are so much like the #1 SBA 504 LENDER IN RI* (Four Years Running)
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A year ago
You all are sleeping on this, NEWPORT RESTORATION FOUNDATION, 2020 DORIS DUKE HISTORIC PRESERVATION AWARD, EAST BAY CHAMBER OF COMMERCE, 2020 SAIL TO SUCCESS WINNER
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A year ago
Not any of my business πŸ˜‘
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Is tution reimbursement part of thebenefits??? and what are the rograms?
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A year ago
Employee engagement program though i don't understand it
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A year ago
I see no one talkig of the workplace wellness program 😦
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They hae been around for over 200 years and have over 18 branches in Rhode Island πŸ˜‘
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A year ago
I don't even work here but my experience as a customer so far has been wonderful 😝
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A year ago
200 years is a lot, longer than my great grandfather πŸ‘΅
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I heard Douglas is the new CEO 😎
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A year ago
He is a president and one of the CEO's
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A year ago
His full name is Douglas Mayhew and the other CEO is Jack Murphy 🀩
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Isabella Holmes Career Advocate
Isabella Holmes
Career Advocate
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