nonprofit

BankNewport gives to Oliver Hazard Perry

Posted 5/11/12

NEWPORT – Oliver Hazard Perry Rhode Island is the designated beneficiary of BankNewport’s new boat-loan program launched this month that is aimed to help build the SSV Oliver Hazard Perry which seeks to be Rhode Island’s education-at-sea tall ship.

Through Dec. 31, for each customer boat loan of $100,000 or more originated at BankNewport, the bank will donate $250 to the nonprofit organization. A $100 donation will be made for each loan less than $100,000.

“BankNewport is proud of its long partnership with the Oliver Hazard Perry Rhode Island organization,” said Leland R. Merrill Jr., executive vice president, commercial lending. “We commend their unwavering commitment to construct this sailing vessel, a significant economic development, educational, and cultural benefit for Newport and the state.”

BankNewport previously granted OHPRI a total of $35,000 for its efforts. OHPRI, as of January, has raised almost $5 million of the $7.4 million it says is needed to get the ship in working condition.

Calendar
PBN Hosted
Events

Please join PBN on September 10th for the 3rd Annual Fastest Growing & Innovative Companies program at Rosecliff Mansion in Newport. Seating is limited so be sure to register early.
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement