BankNewport Names Elena Yates Harootunian Senior Vice President, Director of Human Resources

NEWPORT, R.I. (November 23, 2022) – BankNewport is pleased to announce that Elena Yates Harootunian has been named senior vice president, director of human resources. She will continue to be responsible for all human resources functions for BankNewport and its mutual holding company, OceanPoint Financial Partners, MHC and affiliates, including strategic planning and managing HR programs, compensation, and benefits in an employee-oriented, high-performance culture.  Prior to her new role, she was vice president, director of human resources.

Prior to joining BankNewport in 2019, Harootunian was director of benefits at Talbots in Hingham, Massachusetts.  She earned a Bachelor of Science in Business Administration from Providence College and currently resides in Cranston, 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 and a commercial lending office in Providence. OceanPoint Marine Lending, a business line of BankNewport, specializes in consumer marine and recreational vehicle financing programs.

Through its All In Giving program, BankNewport is committed to supporting nonprofits with areas of impact focused on basic human needs, children and families, education, economic security, healthy lives, arts and culture, and the environment.  BankNewport has awarded over $7 million in grants, sponsorships, and donations over the past 11 years to a wide range of nonprofits to help strengthen and enrich lives and communities throughout Rhode Island. Financial education and community service performed by employees totals 7,300 hours annually.