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NewportFed amps up business lending with Burns, Feden, Cavallaro and Williamson at 100 Bellevue Avenue location

Newport, RI - 2013-11-08

NewportFed, a division of Savings Institute Bank & Trust, has assembled a team of four commercial lenders that will be working out of NewportFed's100 Bellevue Ave. location: Tim Burns, Cristina Feden, James Cavallaro and David Williamson.

"I'm not aware of any other bank in the local area that has made such a strong commitment to serving the borrowing needs of local business," states Rheo Broulliard, president & CEO at Savings Institute Bank & Trust, the parent company of NewportFed.

Tim Burns, vice president/commercial lender at NewportFed, is responsible for originating commercial loans and managing the commercial loan relationships in Newport and Bristol Counties.

Cristina Feden, vice president/commercial lender was previously at PNC Bank and was a commercial lender at First Commonwealth Bank in Pittsburgh PA.

James Cavallaro, vice president/commercial real estate loan officer is responsible for pursuing financing opportunities for the bank and to aid commercial real estate investors with their investments into the market.

David Williamson, vice president/commercial lender, was previously at Bank of America where he served as vice president/small business banker.