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Bear market prompting some changes in strategy

The typical seesaw relationship between stocks and bonds has been flipped on its head, with historic losses in both sending investors into a tailspin. The...

Washington Trust named among 2022 ‘Best Banks to Work For’

WESTERLY – The Washington Trust Co. was recently recognized by American Banker on its 2022 “Best Banks to Work For” list. The magazine recognized 90...

Washington Trust finances $16.4M loan for Connecticut office building

WESTERLY – The Washington Trust Co. through its commercial real estate group recently provided a $16.4 million loan to a Connecticut office building project,...
IN THE WORKS: Pictured are ­
affordable housing units under ­construction on Bowdoin 
Street in Providence.
COURTESY ONE 
NEIGHBORHOOD 
BUILDERS

How will R.I. use $250M to ease its housing woes?

Island has received $1.1 billion in federal money from the American Rescue Plan Act, passed in response to the economic effects of the COVID-19...

Washington Trust reports $19M Q3 earnings amid record loans, interest income

WESTERLY – The Washington Trust Bancorp Inc. brought in $18.7 million in third-quarter earnings, alongside record net interest income and loans, the company reported...

Washington Trust eying further expansion with three new branches

WESTERLY – The Washington Trust Co. continues to eye brick-and-mortar branches as a way to grow its market share in Rhode Island. The Westerly-based bank...

Who Owns the Block?

PLAINFIELD PIKE Interstate 295 to Comstock Parkway CRANSTON AND JOHNSTON PBN RESEARCH AND PHOTOS/JAMES BESSETTE PBN GRAPHIC/ANNE EWING

Washington Trust provides $5.8M loan for Westerly self-storage purchase

WESTERLY – The Washington Trust Co. through its commercial real estate group recently provided a $5.8 million loan to a Pennsylvania-based company to buy...

Many banks consolidating jobs as economy shifts

While restaurants and retailers were laying off their workers at the onset of the COVID-19 pandemic, banks embarked on a hiring spree in the...

Washington Trust celebrates 222 years with 222 acts of kindness

WESTERLY – The Washington Trust Co. recently celebrated its 222nd anniversary with a “222 acts of kindness” employee event, according to a news release. The...
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