BankNewport is pleased to announce that Benjamin M. Andrew has joined the Bank as vice president, senior commercial credit analyst. In this role, he is responsible for analyzing financial data to assess the creditworthiness of commercial clients and preparing detailed credit memorandums utilizing cash flow analysis, industry research, and collateral evaluation to support the Bank’s commercial lending decisions.

Andrew joins BankNewport with extensive experience in commercial credit analysis and underwriting. Most recently, he served as a senior credit analyst at Chelsea Groton Bank in Groton, Connecticut. Prior to that, he was a credit underwriter with Newtek in Lake Success, New York.

A graduate of the University of Maine at Farmington, Andrew earned a Bachelor of Arts degree in History. 

Originally from Enfield, New Hampshire, Andrew currently resides in Richmond, 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 oldest banks in the United States and, as a mutual organization, is committed to the financial success of its customers, employees, and the community for 206 years. BankNewport has nineteen branch locations, a community lending center in Central Falls, 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, arts & culture, education success, and healthy lives, thriving communities.  BankNewport has awarded over $7.7 million in grants, sponsorships, and donations over the past five 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 10,000 hours annually. For more information, please visit www.BankNewport.com.