Business & Tech
BankNewport Names New President Of OceanPoint Marine Lending
Oscar Joaquim will lead the division.
Press release from BankNewport:
Feb. 2, 2023
BankNewport is pleased to announce that Oscar Joaquim has been named president of OceanPoint Marine Lending (OPML), a division of BankNewport. In his new role, Joaquim will be responsible for the marine lending division.
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“Founded and headquartered in the ‘City by the Sea,’ it should come as no surprise that the marine industry is one that is important to many of our customers,” said Jack Murphy, President and CEO, BankNewport. “We are thrilled that Oscar will take the reins of OceanPoint Marine Lending and continue its superior level of service to our marine customers locally and around the country.”
Prior to joining BankNewport, Joaquim worked at Citizens Bank for nearly three decades in the auto finance division, most recently as senior vice president, national sales manager. Prior to that, he was senior vice president, product and strategy and served as senior vice president, national credit manager.
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A division of BankNewport since 2019, OPML is the boat buyer’s best choice for marine financing services, offering innovative and flexible consumer marine and recreational vehicle financing programs. Through a team of seasoned marine finance specialists with experience encompassing yacht and boat financing, OPML offers customers one of the largest networks of quality bank lenders in the marine industry and the most competitive financing options, whether they are purchasing a new or used boat, or refinancing an existing loan.
OPML’s business growth and expansion strategy has included a continued investment in digital, leading the industry with a fully automated loan application process. “OceanPoint Marine Lending signifies a continued investment in our business and a commitment to delivering an even stronger marine financing experience,” Murphy continued. “With Oscar’s leadership, we’re excited by the growth opportunities to deepen relationships with our customers and offer specialized lending services in New England and along the entire East Coast to Florida.”
This press release was produced by BankNewport. The views expressed here are the author's own.
