Portsmouth, RI Resident Appointed as New BankNewport Corporator
OceanPoint Financial Partners, Mutual Holding Company of BankNewport, Appoints Portsmouth Resident as New Corporator at Annual Meeting
OceanPoint Financial Partners, MHC, the mutual holding company of BankNewport, announced the appointment of one new Bank Corporator during the organization’s annual meeting held on Monday, April 20, 2026.John JB (“J.J.”) Silvia, III, of Portsmouth, Rhode Island, was appointed as a new Bank Corporator. Corporators play an essential role in promoting the mission and vision of a mutual community bank, serving as ambassadors who represent the communities BankNewport serves.
“BankNewport’s strength has always come from its deep community roots, and our Corporators play an important role in the Bank’s ongoing connection to the customers and communities we serve,” said Jack Murphy, President and CEO, OceanPoint Financial Partners, MHC and BankNewport. “We are proud to welcome J.J. Silvia as a new Bank Corporator and look forward to the insight and perspective he will bring to this important role.”
J.J. Silvia is Chief Operating Officer and Sales Manager at International Manufacturing Services, Inc., a Portsmouth-based manufacturer of electronic component solutions. He has held several leadership roles with the company, including vice president, general manager and vice president of operations. His background spans operations, sales, manufacturing and business leadership in the advanced electronics sector.
About OceanPoint Financial Partners, MHC
OceanPoint Financial Partners, MHC, headquartered in Newport, Rhode Island, is a Mutual Holding Company. Through BankNewport, the Company is proud to serve the financial needs of families and businesses from nineteen branch locations, a community lending center in Central Falls, and a commercial lending office in Providence. OceanPoint Funding, a subsidiary of the Company, specializes in brokering marine and recreational loans.
