BankNewport Names Jon Richmond to Vice President, Business and Commercial Lending Officer

NEWPORT, R.I. – (August 2, 2022) – BankNewport is pleased to announce that Jon Richmond has been named vice president, business, and commercial lending officer. In his new role, he will be responsible for business development, commercial loan production, cross sales origination, and cross team collaboration throughout Rhode Island.

Prior to his new position, Richmond was vice president/branch sales manager at the Bank’s Portsmouth office. He earned a Bachelor of Science in Communications from the University of Rhode Island in Kingston and currently resides in Bristol, 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.