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Washington Trust adds Clover tech to bolster business banking options

WESTERLY – The Washington Trust Co. is expanding payment options and operations for local businesses with the rollout of Clover technology as part of...
WASHINGTON TRUST CEO Edward O. “Ned” Handy III says the sharp increase in loan charge-offs wase caused by two isolated and unusual setbacks. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust execs call $11.4M in loan charge-offs isolated

WESTERLY – Washington Trust Bancorp Inc. executives called two recent commercial loan charge-offs totaling $11.4 million isolated setbacks after reporting a 2% dip in...
Edward O. “Ned” Handy III / COURTESY THE WASHINGTON TRUST CO.

OFF WALL STREET: ‘You don’t need to go [outside R.I.] to...

As much as technology is reshaping financial services, at The Washington Trust Co. soft skills continue to be “a cornerstone of our culture,” said...

Brown appointed chief commercial banking officer at Washington Trust

WESTERLY – The Washington Trust Co. has appointed James C. Brown as senior executive vice president and chief commercial banking officer. Brown will be responsible for...

CEO: Washington Trust gaining momentum after leasebacks, selling low-yield assets

WESTERLY – Washington Trust Bancorp Inc.'s second-quarter surge, which saw a 22% increase in profit year-over-year, was the result of bold, but proactive and...

Washington Trust named Rhode Island’s Best-In-State Bank for 2025 by Forbes

WESTERLY – The Washington Trust Co. has been recognized as Rhode Island’s Best-In-State Bank for 2025 by Forbes, the bank announced on June 24. This...

Washington Trust gears up to celebrate 225th anniversary this summer

WESTERLY – Founded in Rhode Island and recognized as the nation’s oldest community bank, The Washington Trust Co. is celebrating its 225th birthday this...

Washington Trust Peanut Butter Drive collects 4,710 jars for hunger relief

WESTERLY – The Washington Trust Co. collected 4,710 jars of peanut butter and more than $6,100 in monetary donations during its 25th annual Peanut Butter Drive earlier...

Washington Trust employees collect household items, build kits for Crossroads clients

WESTERLY – The Washington Trust Co. employees recently built and donated 35 “Welcome Home” kits to benefit Crossroads Rhode Island clients who are transitioning...

Washington Trust awards $18K in grants to R.I. nonprofits during holiday...

WESTERLY – The Washington Trust Co. has made charitable contributions and in-kind donations to 40 local nonprofit organizations to support their outreach efforts this...
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