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Tag: Edward O. “Ned” Handy III

Washington Trust delivers 5,000 jars of peanut butter to regional food...

WESTERLY – The Washington Trust Co. has delivered more than 5,000 jars of peanut butter to food pantries across Rhode Island, Massachusetts and Connecticut...
WASHINGTON TRUST Bancorp reported first-quarter profit of $12.6 million on Monday, up 3.3% from $12.2 million in the same period a year ago. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust Q1 profit rises 3.3% to $12.6M

WESTERLY – The Washington Trust Bancorp Inc. reported first-quarter profit of $12.6 million on Monday, up 3.3% from $12.2 million in the same period...

Washington Trust VP honored for community service, volunteer work

WESTERLY – Lytomya Weaver, assistant vice president and mortgage processing manager at The Washington Trust Co., recently received two awards recognizing her community service and...

Washington Trust donates welcome-home kits to Crossroads residents moving into new...

WESTERLY – Employees at The Washington Trust Co. recently donated more than $2,700 worth of household supplies to help formerly homeless Rhode Islanders settle...

Washington Trust adds new banking team focused on schools, health care,...

WESTERLY – The Washington Trust Co. is expanding its commercial banking footprint with a new dedicated institutional banking team to serve independent schools, private...

Washington Trust CEO eyes stronger margins in 2026

WESTERLY – Washington Trust Bancorp Inc., the parent of The Washington Trust Co., is poised for higher profitability in 2026 as a costly interest...

Washington Trust bounces back to black with $52M profit in 2025

WESTERLY – Washington Trust Bancorp Inc., the parent of Washington Trust, on Wednesday reported a year-end profit of $52.2 million for 2025, reversing a...
BALANCED APPROACH: Jillian J. DeShiro, executive vice president and chief financial and operating officer at Centreville Bank, says banks need to be able to operate in a high-rate environment and a low-rate environment “because you don’t get to choose which one you’re in.”  
PBN PHOTO/­MICHAEL SALERNO

Will interest rates drop as anticipated in 2026?

For Rhode Island’s business owners, homeowners and lenders, 2026 is shaping up to be a year defined in part by two questions: When will...

Washington Trust to open 29th branch in fall 2026 in Pawtucket

WESTERLY – The Washington Trust Co. will open a new full-service branch at 433 Broadway in Pawtucket in fall 2026, the bank recently announced. The...

BankNewport, Washington Trust, Centreville named among 2025 Best Banks to Work...

PROVIDENCE – At least three Rhode Island-based banks were named among the top 90 Best Banks to Work For nationwide in 2025 by industry...
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