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NewportFed Donates $20,000 to Salve Regina University The NewportFed Charitable Foundation has committed to a $20,000.00 contribution to the building campaign for the new chapel at Salve Regina University. “It is a pleasure and an honor to assist Salve Regina University with their growth initiative and to be a part of such an incredible building.” stated Kevin M. McCarthy, President and CEO at NewportFed. Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $450 million federally chartered publicly owned bank with branch locations in Newport, Middletown, Portsmouth, Wakefield, Westerly and, Stonington CT. Photo: Kevin M. McCarthy, President & CEO of NewportFed and Jane Gerety, President of Salve Regina University holding their hard hats in the ongoing construction.

NewportFed Sponsors the Inaugural Commitment to Change Road Race The NewportFed Charitable Foundation has donated $5,000 to support and be the lead sponsor in the inaugural Commitment to Change Road Race on May 23, 2010 at the Westerly Land Trusts’s Avondale Preserve in Westerly. Commitment to Change is an alliance of social service agencies serving the Westerly, Chariho and southeastern Connecticut areas that include: Adult Day Center of Westerly, The Jonnycake Center of Westerly, W.A.R.M. Center and Wood River Health Services. Kevin M. McCarthy, President and CEO at NewportFed is the Grand Marshall at the 5K road race and 3K walk.”I look forward to participating in this event with some of our NewportFed employees, it’s a pleasure to assist these organizations and to see everyone working together for a common goal.” Stated Kevin. Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $450 million federally chartered publicly owned bank with branch locations in Newport, Middletown, Portsmouth, Wakefield, Westerly and, Stonington CT. About The Road Race: Date is: Sunday, May 23 at 10 a.m., registration begins at 8:00 a.m. Pre- register fee: $18 – Race Day: $20. The race will begin at Avondale Farm Preserve, the entrances to Avondale are located on Grassland Way, off Avondale Road and Quail Run, approximately 3.5 miles due south of downtown Westerly on Route 1A. Online registration at www.needtorace.com and applications are available at all NewportFed locations. More information: www.warmcenter.org. Photo: Standing (L-R) Kelly Presley, Westerly Land Trust; David Henley, Wood River Health Services, Russ Partridge, WARM Center and Kevin M. McCarthy, President & CEO at NewportFed. Kneeling (L-R) Kelly Lee, Adult Day Center of Westerly; Claire Letizio, Jonnycake Center of Westerly and Diane Kinney, WARM Center.

NewportFed Donates To Stand Up For Animals The NewportFed Charitable Foundation donated $5,000.00 to assist the organization Stand Up For Animals prepare a surgical suite within their new facility in Westerly. “We are very impressed by this new facility as well as their unending commitment to these animals.” Stated Kevin M. McCarthy, President and CEO at NewportFed. Stand Up For Animals is an independent, 501(c)(3) non-profit organization whose mission is to operate a state-of-the-art animal shelter, adoption center and regional outreach facility to promote the health and welfare of abandoned or lost pets and to educate and assist those who care for them. Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $450 million federally chartered publicly owned bank with six branch locations; Newport, Middletown, Portsmouth, Wakefield, Westerly and Stonington CT. Photo: Board members at Stand Up For Animals, Pam Ezyk and Howard Thorp are pictured with Kevin McCarthy, President & CEO at NewportFed along with lucky dogs, Katy (brown) and Lizzi (black).

NewportFed Sponsors The Edward King House Musical Programs The NewportFed Charitable Foundation donated $600.00 to the Edward King House in Newport to help subsidize musical programming during the holiday season for the elders. “At this time of year it is such a pleasure to support all different events within our community.” Stated Kevin McCarthy, President & CEO at NewportFed. The Edward King House offers a program of active, enriching and entertaining activities for residents of Newport County who are fifty years of age or older. It provides a warm friendly environment set in the beautifully restored rooms of one of Newport's most outstanding National Register Mansions. Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $450 million federally chartered publicly owned bank with six branch locations; Newport, Middletown, Portsmouth, Wakefield, Westerly and Stonington CT. Photo: Mark Woods, Treasurer of The Board of Directors at The Edward King House accepting the donation from Kevin M. McCarthy President and CEO at NewportFed.

NewportFed Helps Out Fairview Odd Fellows Home Of CT The NewportFed Charitable Foundation donated $4,000.00 to the Fairview Odd Fellows Home of Connecticut for the installation of an automatic door at their facility. “David Brown, Director of Development at the Home, told us about their wish for an automatic door and how it would help many of the residents, and we were happy to be able to assist them with this project” stated Kevin McCarthy, President & CEO at NewportFed. The Fairview Odd Fellows Home of CT is a non-profit 120 bed skilled nursing care facility located in Groton, CT. Their mission is to provide residents with the best nursing care and rehabilitation services, while enhancing the quality of their life by using the latest advances in technology. Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $450 million federally chartered publicly owned bank with six branch locations; Newport, Middletown, Portsmouth, Wakefield, Westerly and Stonington CT. Photo: (l to r) David Brown, Director of Development at Fairview Odd Fellows Home of CT, Mary Lou Lamontagne, Business Development Officer at NewportFed and Mildred Dion, Vice President/Branch Manager at NewportFed.

NewportFed Sponsors the Pie Run at the Newport County YMCA NewportFed was the lead sponsor with the Newport Running Club for the annual NewportFed Pie Run which was held Thanksgiving morning at the Newport County YMCA in Middletown, RI. This year's race on, November 26, 2009, started promptly at 8:30 am. The 5 mile USATF sanctioned road race and 3 mile non-competitive walk starts and ends in front of the Newport County YMCA, 792 Valley Road, and is a scenic course with panoramic views of Sachuest Beach. Each entrant brought one non-perishable food item to be contributed to a local food bank. Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $450 million federally chartered publicly owned bank with six branch locations; Newport, Middletown, Portsmouth, Wakefield, Westerly and Stonington CT. Photo: Pictured wearing NewportFed Pie Run T-shirts are the committee members for the NewportFed Pie Run: Standing (l to r) Nigel Musgrave, Bob Gaines, Kevin McCarthy, President & CEO of NewportFed, Paul Simone, Ray Isaaco. Seated (l to r) Sondra Spencer, Ann Miller, and Mary McCauley.

NewportFed Charitable Foundation Pledges $10,000.00 To The Oliver Hazard Perry The NewportFed Charitable Foundation has pledged $10,000.00 over the next two years to support the Tall Ship Oliver Hazard Perry and its Education at Sea program. When it is completed in 2011, the Newport-based Oliver Hazard Perry - at 207 feet in length - will be the largest privately owned active sailing Tall Ship in the United States operated by a non-profit organization. “It is our honor and privilege to provide financial assistance to this important slice of history and wonderful educational resource for young people,” stated Kevin McCarthy, President and CEO of NewportFed. Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $450 Million federally chartered publically owned bank with 5 locations in Rhode Island; the main office in Newport, branches in Middletown, Wakefield, Westerly, and Portsmouth, and a location in Stonington, CT. Photo: (l to r) Kevin McCarthy, President & CEO of NewportFed, and Bart Dunbar, Chair of Oliver Hazard Perry Rhode Island, take an Oldport Launch ride in Newport Harbor where the hull of Rhode Island’s future Tall Ship (background) has been moored this summer.

NewportFed Hosted Shred It Day On September 26, 2009 NewportFed offered Shred-It Day again on the morning of Saturday, September 26 at four locations, Middletown, RI, Portsmouth, RI, Wakefield, RI and Pawcatuck,CT from 8:30 - 11:30 am customers brought in documents to these NewportFed branches to be securely cross-cut and shred for FREE. “This is an annual event for our communities.” stated Kevin McCarthy, President and CEO of NewportFed, who is always on hand helping out, “This is so popular to our customers, our community and even our employees, we all enjoy it.” Photo: Mildred Dion, Carol Silven & Cheryl Abbruzzese participating in Shred It Day.

NewportFed Helps Out With BalloonFest NewportFed has become a major sponsor to the Wakefield Rotary Club by sponsoring the 31st Annual South County Hot Air Balloon Festival on July 17-18-19. “This is an annual event that we all look forward to and it is a pleasure to be able to help out and support them.” stated Kevin McCarthy, President & CEO at NewportFed. The South County Balloon Festival is one of the top events in Rhode Island offering fun for the entire family with fireworks, music, catch and release fish pond, pony rides, petting zoo and many more amusements and this year the Flying Wallendas will add an aerial dimension to the festival. Photo: Sean McIntire, VP/Commercial Lending Officer at NewportFed offering the $5,000.00 for the South County Balloon Festival to Spencer Seitz, a representative of the Wakefield Rotary Club.

NewportFed Sponsors The Rogers High School Boosters NewportFed was recently honored by the Rogers High School Boosters for their ongoing sponsorships and commitment to the school and athletic department. “It’s such a pleasure to be able to support Rogers High School Boosters and to see their commitment to athletics and to their students’ achievements” stated Kevin McCarthy, President & CEO at NewportFed. Rogers High School delivered a plaque to NewportFed which will be displayed at the main office at 100 Bellevue Avenue in Newport. Photo: Kevin McCarthy, President & CEO at NewportFed accepting the plaque from David Galvin representing the Rogers High School Athletic Boosters.

NewportFed Enters Into Stonington CT With Its Newest Location NewportFed opened the doors and cut the ribbon May 11th of its 6th office located in Stonington Connecticut, at the Pawcatuck Farms development at 445 Liberty Street, Stonington CT, near the intersection of Rt. 2 and Rt. 49. This is a state of the art facility which features expanded parking, a full service lobby with café station, and 3 drive-thru lanes, including an envelope free ATM. On hand to help cut the ribbon was Kevin McCarthy, President and CEO of NewportFed, Peter Rector, Chairman of the Board of Directors at NewportFed, Mildred Dion, VP and Branch Manager, Renee Bailey, Head Teller at the new location and also Edward Haberek Jr., 1st Selectmen for Stonington, Stonington Chief of Police, J. Darren Stewart and Tricia Walsh from the Mystic Area Chamber of Commerce. “We are thrilled at opening our 6th branch location, to be expanding into a new market and to offer these new consumers another option in banking,” said Kevin McCarthy, President & CEO of NewportFed.“ McCarthy said that he is particularly proud that the building’s final design. “This is the second branch in 3 months we have completed, and they are both attractive and efficient buildings.” The finished product, he added, is a credit to both architect Peter Gutting of the firm Strategic DesignWorks, who provided the vision, and contractor Behan Brothers Inc. who executed the plans. To celebrate, the bank will be holding a Grand Opening celebration in June, which will include weekly drawings, giveaways, and a Family Fun Day planned for June 13. In addition to the free gifts for customers, NewportFed will donate $5 to Mystic Area Shelter and Hospitality, Inc (MASH) for every new checking account opened at this location for the months of May and June. Photo: Kevin McCarthy, President and CEO, Nino Moscardi, EVP & Chief Operating Officer, Peter Rector, Chairman of the Board and Carol Silven, SVP-Retail Lending congratulating the new staff of the Pawcatuck branch office of NewportFed: VP & Branch Manager Mildred Dion, Customer Service Representative, Cheryl Abruzzese, Head Teller, Renee Bailey and Tellers, Sammy Homsi, Stephanie Pratt and Jennifer Ross.

NewportFed Opens The Doors Of Its New Portsmouth Location NewportFed opened the doors to its new offices located at the corner of East Main Road and School House Lane in Portsmouth at a ribbon cutting ceremony on February 6. The two-story stone and shingle building is a full service branch that features 15 full time employees, three drive-thru lanes, and a drive-thru ATM. The bank’s Operations Department is also located on the second floor of the new location. “We are thrilled that the vision of our new Portsmouth branch has come to fruition,” said Kevin McCarthy, President & CEO of NewportFed. “Our Portsmouth customers have asked for a branch in their community for years, and the timing finally made sense from the bank’s perspective. The response has been tremendous. At the ribbon cutting, people kept complimenting us on the appearance of the building and thanked us for opening a location that is so convenient to their home or business. It was a great reminder of the important role and personal relationship we have with our customers.“ McCarthy said that he was particularly proud that the building’s final design tastefully reflects the look, feel and history of the community. The finished product, he added, is a credit both to architect Peter Gutting of the firm Strategic DesignWorks, who provided the vision, and local contractor Behan Brothers Inc. who executed the plans. The new Portsmouth location means that NewportFed now has a presence in every community on Aquidneck Island. To celebrate, the bank will be holding a Grand Opening during the week of February 23, which will include an open house, giveaways and an opportunity to win an Apple 16GB iPod Touch. Planned events include: Customer Convenience Days: (Monday, February 23, and Tuesday, February 24) Stop in and receive a convenient, environmentally friendly grocery tote. Meet and Greet Day: (Wednesday, February 25) Meet our friendly staff, enjoy a free sandwich at lunchtime, and take home a NewportFed Lunch Bag. Coffee and Conversation Day: (Thursday, February 26) Join in the friendly conversation at the bank’s Coffee Café and bring home a new coffee mug. Sweet Celebration: (Friday, February 27) The community is invited to join the bank staff for free chocolate treats.In addition to the free gifts for customers, NewportFed will donate $5 to the Portsmouth Public Education Fund (PPEF) for every checking account opened during the week. Photo: Pictured cutting the ribbon at 1430 East Main Road, Portsmouth is Ann Marie Valiquette, Operations Manager, NewportFed, Kara Marley, Branch Manager, NewportFed, Peter McIntyre, President of the Portsmouth Town Council, Peter Rector, Chairman of the Board of Directors, NewportFed, and Kevin McCarthy, President and CEO at NewportFed.

The NewportFed Charitable Foundation Pledges $30,000.00 For Fuel Assistance Programs Throughout The State The NewportFed Charitable Foundation has pledged $30,000.00 to aid fuel assistance programs throughout Rhode Island. Donations have been granted to the East Bay Community Action Program in Newport, the South County Community Action Agency in Wakefield, and the Bradford Jonnycake Center in Westerly. Upon authorizing the issuance of $10,000.00 checks to each of the aforementioned organization’s fuel assistance programs, Kevin McCarthy, President and CEO of NewportFed stated, “… we take our role as corporate citizens very seriously and we recognized that this year, and in this economy, community needs are especially great. We hope this can help our local families get through the winter a bit more comfortably.” Each of these organizations has a program in place that helps families meet the cost of heating their homes. The East Bay Community Action Program provides support to low-income clients through direct payment remittances to vendors on client’s behalf, within the service area of East Providence, Barrington, Warren, Bristol, Tiverton, Little Compton, Portsmouth, Middletown, Newport and Jamestown. “On behalf of the families that EBCAP serves, we all send a big thank you to NewportFed for its generous contribution that will help make this winter’s chill more bearable.” Stated Dennis Roy, Chief Executive Officer of the East Bay Community Action Program. Likewise, the South County Community Action Agency provides a wide variety of social services to residents in the Towns of Charlestown, Exeter, Hopkinton, Narragansett, New Shoreham, North Kingstown, Richmond, South Kingstown, Westerly and West Greenwich. They too provide assistance in paying heating/utility bills during the winter months as well as emergency shut off assistance. The Bradford Jonnycake Center provides comparable services to qualified residents of Charlestown, Hopkinton, Richmond, and Westerly, and also provides food, clothing, and household goods as well. The NewportFed Charitable Foundation has donated over $250,000.00 to more than 175 qualified charitable organizations in 2008. It’s Board meets quarterly to review requests from qualified 501 c 3 organizations. Top photo: Kevin McCarthy, President & CEO of NewportFed delivers the check for $10,000 to Dennis Roy, Chief Executive Officer of the East Bay Community Action Program. Middle photo: Paul Nardone Senior Vice President and Mildred Dion, Vice President of NewportFed, deliver the check for $10,000 to Claire Letizio, the Director at the Bradford Jonnycake Center of Westerly. Bottom photo: Kevin McCarthy, President & CEO of NewportFed and Sue Ann Votta, Vice President of NewportFed, deliver the check for $10,000 to Joe DeSantis, Chief Executive Officer of the South County Community Action Program in Wakefield.

NewportFed Shred It Day In Wakefield Benefits The Domestic Violence Resource Center Of South County The Wakefield branch of NewportFed held Shred It Day on November 8th and invited the Domestic Violence Resource Center of South County to attend and accept donations from customers. It was extremely successful. Residents braved the drizzle to securely shred sensitive documents, and they donated over $275 and seven boxes of paper goods and household cleaners for DVRCSC’s Safe Home. Pictured are: Garrie Leitner, Public Relations Director of the Domestic Violence Resource Center of South County, Ray Gilmore, Executive Vice President of Newport Fed, and Sean McIntyre, Assistant Vice President of NewportFed.

NewportFed Shred It Day In Middletown With 4 Legged Friends From The Potter League At the Middletown branch of NewportFed, Shred It Day was also held for the Potter League for Animals. Shred It Day was convenient and successful for all NewportFed customers as well as local residents to shred confidential papers, but they also donated $306 to The Potter League for Animals. Pictured is: Rachel Hernandez, Meghan Valentino, and Kendra Marchetti, NewportFed staff and behind them are Kevin McCarthy, President of NewportFed and Ray Heller, volunteer of the year, at the Potter League holding Belle, who just got adopted.

Shred It Day At Union Street In Westerly Helping The Bradford Jonnycake Center NewportFed Shred It Day at the Union Street office in Westerly on November 8th was busy all day long and so successful in donations for the Bradford Jonnycake Center. They collected bags and boxes of non-perishable items while shredding personal and confidential documents for free for all customers and local residents. This is always a helpful and successful event and will continue to be a great event at NewportFed.

NewportFed Charitable Foundation Pledges $10,000 To The Seamen’s Church Institute Of Newport The NewportFed Charitable Foundation has pledged $10,000.00 over the next 5 years to the Seamen’s Church Institute of Newport, RI to help fund the Third Floor Housing Restoration Project. This restoration project will greatly improve the quality, capacity and accessibility to the Institute’s residency program. The Seamen’s Institute serves those who live, work and travel on the sea, and persons of at-risk and disadvantaged circumstances referred from the Newport community. “We are so impressed by the work and commitment of the Seamen’s Institute, it’s an honor to help them financially.” Stated Kevin McCarthy, President and CEO of NewportFed.

NewportFed Charitable Foundation Has Joined With The Friends Of The National Wildlife Refuges Of Rhode Island The NewportFed Charitable Foundation donated $2000.00 and has joined with the Friends of the National Wildlife Refuges of Rhode Island, and Prescott Gustafson memorial fund to increase sustainable energy sources in our community. Currently, Sachuest Point Visitor Center on the National Wildlife Refuge of the same name has 3,000 watt system which supplies approximately 12% of the visitor center electricity. The financial support of NewportFed and the Friends’ has offset the funding challenges that have curtailed planned solar panel expansion for this refuge.

NewportFed Helps The Potter League In Middletown NewportFed formed a team for The Potter League event; NewportFed – Paws for a Cause. The team walked with their dogs and raised $2,120.00 for the animal shelter. The event was very successful, breaking all records - raising over $73,000 for the animals in their care! The Potter League is a private, non-profit organization located in Middletown, RI. Each year over 1,800 animals are given food, shelter, veterinary care and a second chance at new and loving homes or returned safely to their owners. Thanks to generous people who share our passion for animals, the Potter League has also been able to provide a large variety of community outreach programs, training, humane education programs and financial assistance to low-income families.

NewportFed Is Signature Sponsor Of But For The Grace Performance In Westerly NewportFed donated $4000,00 to Leo Dery, President of the Bradford Jonnycake Center of Westerly. The funds collected benefit the food pantries of the Jonnycake Center of Westerly, Jonnycake of Peace Dale and the kitchen at the WARM Shelter. NewportFed is the signature sponsor of But For The Grace, the play based on interviews conducted at food pantries throughout Rhode Island. This FREE performance will be at the Babcock Hall of Westerly High School on Highland Ave June 12 at 7 p.m.

NewportFed Hosts Their First Community Shred It Day As a way to help the community protect themselves from identity theft and fraud, and to help the environment, NewportFed offered its’ first Shred-It Day on Saturday, May 10th from 9 -1 at three of their locations, 165 East Main Road, Middletown, R.I., 121 Old Tower Hill Road, Wakefield, R.I. and 8 Union Street, Westerly, R.I. This was a Free event and very well received by every community. The professional shredding company Shred It was on hand with the large shred it truck. “The community loved it!” stated Kevin McCarthy, President of NewportFed, who was on hand in Middletown, “This is a winner for everyone, and we will continue to offer these days every few months. Our customers, our community and even our employees were shredding and helping the community and the Earth! It’s a win all around”.

NewportFed Has Donated $5,000.00 To The Aquidneck Island Planning Commission NewportFed has donated $5,000.00 to the Aquidneck Island Planning Commission which was the amount needed to cover the Harvard University John F. Kennedy School of Government “Community Problem Solving workshop” they are attending March 3 – 6. “Kevin McCarthy, President of NewportFed is definitely community-oriented, and the Aquidneck Island Planning Commission is the latest benefactor of his/their generosity. Our broad-based Navy, State and Municipal coalition is thankful for their support of our Harvard University symposium in early March,” stated Tina Dolan, Executive Director of the Aquidneck Island Planning Commission. Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $370 Million federally chartered publically owned bank with 5 branch locations in Rhode Island; Newport, Middletown, Wakefield, and 2 locations in Westerly.

Kingston Hill Academy Needed An American Flag And NewportFed Helped It Happen The NewportFed Charitable Foundation donated to the Kingston Hill Academy to enable them to purchase a new American Flag and an air purifier for the school. Kingston Hill Academy is a public (no tuition) charter school located in South Kingstown, Rhode Island. “The academy is an important part of the South Kingstown area and it was a pleasure to be able to help them out with their needs.” Stated Ray Gilmore, Executive Vice President, Chief Lending Officer at NewportFed. “The school was able to purchase an American Flag for the front lobby and an air purifier for a classroom where there was a student with severe asthma/allergies.” Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $370 Million federally chartered publically owned bank with 5 branch locations in Rhode Island; the main office in Newport, branches in Middletown, Wakefield, 2 in Westerly and 2 locations scheduled to open late 2008, 1 in Middletown, RI and 1 in Stonington, CT.

NewportFed Adopts A Family For The Holidays The staff of the Newport and Middletown offices of NewportFed adopted a family from the Child & Family Adopt a Family program for the 3rd year in a row. A total of 30 employees from the 2 offices donated money and their time and bought gifts for this family. “This time of year it is so important to give back, we enjoy the shopping and wrapping for such special gifts.” stated Marie Cox, Vice President/Controller at NewportFed.

NewportFed Charitable Foundation Awards Grant To Newport County YMCA The NewportFed Charitable Foundation has donated $3,740.00 to the Newport County YMCA to help subsidize the monthly scholarships for the after school child care programs. The NewportFed Charitable Foundation makes charitable contributions within our local communities. The Foundation seeks to enhance the quality of life for individuals supported by organizations located in the communities served by NewportFed.

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