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BankNewport, History

The following are major historical events for BankNewport, including mergers and acquisitions.

1819-01-01Institution established: Original name:The Savings Bank of Newport
1987-06-01Changed name to Bank of Newport
1987-06-01Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1987-06-01Acquired Newport County Trust Company (19745) in NEWPORT, RI
2005-04-18Changed organization type to STOCK SAVINGS BANK
2005-04-18Changed name to BankNewport
2015-05-05Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2015-05-05Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2015-05-05Changed organization type to STOCK SAVINGS BANK