Tag: Edward O. Handy III
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...
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...
Washington Trust reports $18.8M profit in Q3
WESTERLY – Washington Trust Bancorp Inc. reported Monday a third-quarter profit of $18.8 million, a 7.4% increase from a profit of $17.5 million in...
American Banker names WashTrust among ‘Best Banks to Work For’
WESTERLY – The Washington Trust Co. was recently named one of the nation’s “Best Banks to Work For” by American Banker magazine.
Among 85 community...
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