April 28, 2008, Newport, RI …Newport, RI …The Board of Directors of NewportFed is proud to announce the promotion of Sean W. McIntyre to Assistant Vice President/Commercial Lending. Sean is responsible for originating new commercial loans and maintaining and servicing the existing portfolio in the West Bay area of Rhode Island. Sean has been at NewportFed since 2006 and has had a diverse background in bank and retail management previously at IKON Office Solutions as well as Fleet Boston Financial. Sean resides in Richmond, Rhode Island and is Co-Chair of the Narragansett Art Festival and an active member of the Wakefield Rotary Club.

Since 1888, NewportFed has been meeting the savings and borrowing needs of our local community. Today NewportFed is a $375 Million federally chartered publically owned bank with 5 locations in Rhode Island; The main office in Newport, and 4 branch locations in Middletown, Wakefield, 2 in Westerly and 2 locations scheduled to open in 2008, one in Portsmouth, RI and one in Stonington, CT.