BankNewport Names David Ritacco to Vice President, Commercial Lending Officer

NEWPORT, R.I. – (August 17, 2022) – BankNewport is pleased to announce that David Ritacco has been named Vice President, Commercial Lending Officer. In his new role, he is responsible for maintaining and growing a multimillion-dollar portfolio while cultivating relationships with both existing and prospective clients using internal resources, networking strategies and third-party referrals.

Prior to joining BankNewport, Ritacco held the same position at The First Bank of Greenwich in Greenwich, Connecticut. Prior to that, he worked for PCSB Bank.

Ritacco was a board member for Volunteer New York, a committee chair for The March of Dimes’ “Signature Chef Auction”, a real estate group member for The March of Dimes, and a Real Estate Task Force Member for the Westchester County Association.

A graduate of Ithaca College, Ritacco resides in North Kingstown, Rhode Island.

About BankNewport:
Founded in 1819 and headquartered in Newport, BankNewport offers a full suite of loan and deposit products and services for families and businesses throughout Rhode Island. BankNewport is one of the longest-standing community banks in the United States and, as a mutual organization, is committed to the financial success of its customers, employees and communities. BankNewport has 18 branch locations, with commercial lending offices in Cumberland and Providence.

BankNewport business lines include OceanPoint Marine Lending, specializing in consumer marine and recreational vehicle financing programs, and OceanPoint Insurance, a Trusted Choice independent insurance agency, providing a broad range of property casualty insurance products, including employee benefits and marine related insurance products.