Notice of Proposed Acquisition of Bank Assets and Assumption of Liabilities

Posted

NOTICE OF PROPOSED ACQUISITION OF

BANK ASSETS AND

ASSUMPTION OF

LIABILITIES

Notice is hereby given that BankNewport, a Rhode Island-chartered savings bank headquartered at 10 Washington Square, Newport, Rhode Island 02840, has made application (the “Application”) to the Boston Area Office of the Federal Deposit Insurance Corporation (“FDIC”) for its written consent to acquire certain assets and to assume certain liabilities (including deposits) related to two (2) branches of Randolph Savings Bank, a Massachusetts-chartered savings bank headquartered at 10 Cabot Place, Stoughton, Massachusetts 02072. The branches to be acquired are located at 730 Centre of New England Boulevard, Coventry, Rhode Island 02816 and 875 Pontiac Avenue, Cranston, Rhode Island 02910. It is contemplated that both of the above-named branches will continue to be operated by BankNewport.

Any person wishing to comment on this Application may file his or her comments in writing with the Area Director of the FDIC at its Boston Area Office, 15 Braintree Hill Office Park, Suite 200, Braintree, MA 02184-8701, not later than December 20, 2013. The non-confidential portions of the Application are on file at the Area Office and are available for public inspection during regular business hours. Photocopies of the non-confidential portion of the application file will be made available upon request.

11/21, 12/5, 12/12/13

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