Edward O. "Ned" Handy III - Page 6 of 6 - Providence Business News

Washington Trust reports $18M Q3 profit

Financial Services 10/19/2020

WESTERLY – Washington Trust Bancorp Inc. reported an $18.3 million profit for the third quarter, propelled by new records within mortgage banking activity, the...

FROM LEFT: Brian Baldizar, assistant principal, Classical High School; Thomas Flanagan, chief academic officer, Providence Public Schools; Zawadi J. Hawkins-Gladstone, principal, Dr. Jorge Alvarez High School; Seth Magaziner, R.I. General Treasurer; Edward O. “Ned” Handy III, chairman & CEO, The Washington Trust Co.; Christopher Coleman, principal, Mt. Pleasant High School; and Judy Fried, assistant principal, Providence Career and Technical Academy, mark the success of Washington Trust’s financial literacy program at the bank’s East Side of Providence branch. / COURTESY THE WASHINGTON TRUST CO.

Washington Trust honored for its educational partnership promoting financial literacy

Education 07/10/2018

PROVIDENCE – The Washington Trust Co. has been awarded the 2018 Financial Capability Innovation Award by EverFi Inc. and its Financial Capability Network for...

EDWARD O. Handy III is the chairman and CEO of Westerly-based Washington Trust Bancorp Inc., the second largest Rhode Island-based bank. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust reports $16M Q1 profit

Economy 04/20/2018

WESTERLY – Washington Trust Bancorp Inc. on Friday reported record-breaking quarterly profit, which grew 37.6 percent to $16.2 million, or 93 cents per diluted...

JOSEPH J. MARCAURELE, chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co., says the Tax Cuts and Jobs Act has allowed the bank to award each of its full-time employees with a one-time cash bonus of $1,000; part-time employees each received a $500 cash bonus; and about 40 percent of employees received a $1 per hour increase in pay. / COURTESY WASHINGTON TRUST BANCORP INC.

Citing new tax law, Washington Trust gives bonuses, pay increases

Financial Services 01/23/2018

WESTERLY – Washington Trust Bancorp Inc. is the latest Rhode Island financial institution to share some of the new tax-law benefits. The company last week...

JOSEPH J. MARCAURELE, chairman and CEO of Washington Trust Bancorp Inc., the Westerly-based parent of The Washington Trust Co., will retire this winter. He will be succeeded by president and chief operating officer Edward O. "Ned" Handy III. / COURTESY WASHINGTON TRUST BANCORP

Washington Trust announces senior management promotions

Financial Services 10/31/2017

WESTERLY – Following major news that its CEO and chief financial officer would retire this winter, Washington Trust Bancorp Inc. has announced several senior-management...

TRENDING UPWARD: Washington Trust Co. Chairman and CEO Joseph J. MarcAurele, left, was succeeded by former Chief Operating Officer and President Edward "Ned" O. Handy III. MarcAurele led the bank to multiple years of year-over-year profitability growth since becoming CEO in 2010. / COURTESY WASHINGTON TRUST

Washington Trust CEO, CFO to retire

Financial Services 09/26/2017

WESTERLY – There’s a changing of the guard planned this winter for Washington Trust Bancorp Inc., as long-time Chairman and CEO Joseph J. MarcAurele...

LOOKING UP: According to BankNewport Chief Financial Officer Gregory Derderian, left, the bank’s results reflect the positive market across the state. With him at company headquarters in Middletown are Connie Loveland, senior vice president/director of financial planning and customer support, and Justin Medeiros, accounting manager/officer. / PBN PHOTO/KIM FULLER

R.I. banks saw strong results in 2017 1Q

Financial Services 06/23/2017

Rhode Island banks grew profit at a much faster pace than their peers nationwide and in New England during the first quarter of 2017,...

KEITH KELLY is Citizens Bank Rhode Island president./COURTESY CITIZENS BANK

Citizens names new Rhode Island bank president

Economic Activity 05/05/2017

PROVIDENCE – Citizens Financial Group Inc. on Friday named Keith Kelly the new Citizens Bank Rhode Island president. Kelly, a 21-year banking veteran, replaces Marc...