$1.2 BTotal Annual Compensation & Benefits
$108,950Average Total Compensation & Benefits
8Banks Headquartered in State
Source: Estimates based on ABA 2019/2020 survey data
$584.1 MSmall Business Loans Outstanding
$3.2 BNew Home Loans Booked in 2018
13,595Number of New Home Loans in 2018
$165,000Median New Home Loan Size in 2018
$42.9 MSmall Farm Loans Outstanding
Citizens Bank’s Small Business Recovery Program committed $2 million to business customers impacted by the COVID-19 pandemic. Through the program, 134 small businesses were selected to receive a $15,000 grant to help them recover. One recipient is Operation Made, a small Rhode Island-based boutique where Veterans and military spouses can sell their handcrafted merchandise.
Source: Estimates based on ABA 2019/2020 survey data, HMDA
1 MTotal Customers
128.5 KSmall Business
21Banks Operating Branches
252Branches & Offices
Source: Estimates based on ABA 2019/2020 survey data, FDIC branch deposit data
78.2 KVolunteer hours
$40.8 MCommunity Donations
BankNewport continues to uphold its commitment to the community during the COVID-19 pandemic. The Bank’s Community Fund Committee provided grants totaling $250,000 to Rhode Island COVID-19 response funds and the Rhode Island Community Food Bank.
Source: Estimates based on ABA 2019/2020 survey data. Does not include individual employee donations.