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Bank

Banknewport

banknewport.com
184 John Clarke Road, Middletown, RI 02842

BankNewport is a Rhode Island-based FDIC-insured bank offering a comprehensive suite of personal and business banking products, including deposits, loans, and investment services, to its local community.

Key Statistics

As of December 2025, public records show Banknewport has originated approximately $376.6M in loan volume over the past 12 months, with an average loan size of $383k.

Volume (12mo)

$376.6M

Avg Loan Size

$383k

Total Mortgages

10,391

Total Borrowers

1,310

Lending Entities

Banknewport funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Banknewport

10,329 mortgages recorded

+2 more not shown

Geography

Banknewport's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Rhode Island

Mortgages (12mo): 676

Volume (12mo): $284.8M

Total Volume: $3.1B

#2Massachusetts

Mortgages (12mo): 57

Volume (12mo): $83.7M

Total Volume: $643.9M

#3Connecticut

Mortgages (12mo): 16

Volume (12mo): $7.4M

Total Volume: $141.1M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Banknewport. Click on a borrower to view their full investor profile.

+1,307 more not shown

FAQ

What type of lender is Banknewport?

Banknewport is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (15%) and personal loans in their portfolio.

What entities does Banknewport fund loans under?

Banknewport originates mortgages through 3 different lending entities. The most common include Banknewport. These are the legal entity names that appear on recorded mortgage documents.

Where is Banknewport most active?

Based on recorded mortgages, Banknewport is most active in Rhode Island, Massachusetts, and Connecticut.

How many loans has Banknewport originated?

Public records show 10,391 mortgages recorded for Banknewport, with $376.6M in volume over the past 12 months.

What is the average loan size for Banknewport?

The average mortgage size for Banknewport is $383k based on all recorded mortgages.

Does Banknewport offer short-term loans?

Banknewport primarily offers long-term financing, with only 0% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.