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STILL GOING STRONG: John Bellone, owner of The Breezeway Resort, The Hotel Maria, pictured, and Maria’s Seaside Cafe in Westerly, says in his 50 years as a customer of The Washington Trust Co., he’s never deferred a loan payment and has continued to meet monthly payments for the mortgages on his commercial properties throughout the pandemic, thanks to a strong business in a limited season. / PBN PHOTO/MICHAEL SALERNO

Banks on higher alert for credit weakness

In his 50 years as a customer of The Washington Trust Co., John Bellone has never deferred a loan payment. Not through the 2008...
WALKING STRONG: The Washington Trust Co. employees walked in a recent American Cancer Society Relay For Life event in Westerly, and collectively raised more than $6,000. / COURTESY THE WASHINGTON TRUST CO.

The Washington Trust Co.

PBN Best Places to Work 2020 ENTERPRISE COMPANIES 3. The Washington Trust Co. Employees in R.I.: 518 Chairman and CEO Edward O. Handy III Questions answered by: Edward...

Local lenders report slow start to Main Street Lending Program

PROVIDENCE – If the outpouring of applications for the Paycheck Protection Program amounted to a flood initial interest in the new Main Street Lending...

Strong housing market bolsters Washington Trust earnings

WESTERLY – The world might still be turned upside down by COVID-19, but you wouldn’t know it looking at Washington Trust Bancorp Inc.’s latest...

Washington Trust Bancorp posts $21M quarterly profit

WESTERLY – Washington Trust Bancorp. Inc, the parent company for Westerly-based The Washington Trust Co., saw second-quarter earnings increase 21% year over year, including...

WashTrust, Navigant rated ‘best’ bank, credit union in R.I. by Forbes

PROVIDENCE – The Washington Trust Co. and Navigant Credit Union earned top marks among customers in Rhode Island, according to new Forbes rankings of...
THE WASHINGTON TRUST CO. posted an $11.9 million profit in the first quarter of 2020, a 32% decline from one year prior. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust posts $11.9M Q1 profit, 32% drop from last year

WESTERLY – Washington Trust Bancorp. Inc., the parent company for Westerly-based The Washington Trust Co., saw a 32% drop in profit compared to the...

Despite low interest rates, WashTrust officials confident for 2020

WESTERLY – Despite the challenge posed by low interest rates, The Washington Trust Co. leaders are optimistic for 2020. The bank posted a $69 million...

Washington Trust posts $69M profit in 2019

WESTERLY – Washington Trust Bancorp Inc., the parent of Westerly-based The Washington Trust Co., posted a $69.1 million profit in 2019, the company reported...

Washington Trust reports $4.8M mortgage banking revenues in Q3

WESTERLY – The Trump administration’s push for ever-lower interest rates is squeezing banks’ earnings, just a year after Trump’s tax cuts left banks awash...

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