Newport Federal Savings Bank

Details Newport Federal Savings Bank Newport Federal Savings Bank

www.newportfederal.com

Rhode Island

Newport

Newport

(SA) Savings associations, state or federal charter

active

30626

1888

FDIC Certificate Number: 30626
FDIC's unique number: 43460
The FDIC Field Office where an institution is physically located: South Boston

Federal Reserve ID Number: 478476
Report Date: 2011-06-30

Bank Charter Class: SA
OCC Charter Number: 706E3

Number of Domestic Offices: 6
Number of Foreign Offices: 0
The date of the last data update: 2011-07-21

1888-01-01 Institution established. Original name: Newport Savings And Loan Association.
1987-06-30 Changed name to Bank Of Newport .
1993-01-01 Acquired The Island Trust Company in Newport, Rhode Island.
1993-01-01 Changed name to Newport Federal Savings Bank .
1993-01-01 Changed organization type to Mutual Savings Bank.
2005-10-14 Acquired Westerly Savings Bank in Westerly, Rhode Island.
2006-07-06 Changed organization type to Stock Savings Bank.
2011-07-21 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.

Total assets: $450,654,000
Total deposits: $264,406,000
Deposits held in domestic offices: $264,406,000
Equity capital: $42,594,000

Net income: $762,000

Return on Assets: 0.34
Return on Equity: 3.62
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-7000