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FROM LEFT TO RIGHT, PHIL MASON of ServiceMaster by Mason; Elizabeth Eckel, chief marketing officer for The Washington Trust Co.; and Beth Markowski-Roop of ServiceMaster by Mason pose with donated peanut butter at Washington Trust's Westerly Branch as ServiceMaster by Mason delivers boxes of peanut butter to Washington Trust's 19th annual Peanut Butter Drive. / COURTESY THE WASHINGTON TRUST CO.

Washington Trust collects 3.4 tons of peanut butter during annual drive

WESTERLY — About 6,800 pounds, or 3.4 tons, of peanut butter were collected for the Rhode Island Community Food Bank and 12 area food...
uncommon QUALIFICATION: Kathleen Ryan had extensive experience as a trust and estate attorney when she joined Washington Trust Wealth Management 3½ years ago.
 / PBN PHOTO/DAVE HANSEN

Ryan’s legal skills help make an impact for her clients

Business Women Awards 2019 | INDUSTRY LEADER, FINANCIAL SERVICES  Kathleen Ryan, Washington Trust Wealth ManagementKATHLEEN RYAN, chief wealth management officer for Washington Trust Wealth Management,...

BankNewport, Freedom National Bank join R.I.’s Bank Local program

PROVIDENCE – BankNewport and Freedom National Bank have joined General Treasurer Seth Magaziner’s Bank Local program, an initiative that incentivizes banks and credit unions...

Washington Trust Bancorp elects 4 to board of directors

WESTERLY – Four members of the board of directors of Washington Trust Bancorp Inc. were elected at the company’s recent annual shareholders meetings.The event...

Greater Boston real estate market helps WashTrust achieve 8% profit in...

WESTERLY – The Washington Trust Co. partly rode Greater Boston’s powerful real estate market to a 7.9% profit in the quarter ended March 31,...
SUCCESSION CONSULTANT: Janice DiPietro, CEO of Exceptional Leaders International, is a consultant on succession for family-owned businesses. She recommends ownership changes be planned several years in advance. 
 / PBN PHOTO/
MICHAEL SALERNO

Communicate intent in succession planning to avoid family rifts

The transition of ownership in a family-owned small business doesn’t have to be stressful and emotional, but it can quickly tip in that direction...
CONFIDENCE WANING? Matt Fair, center, of Hayes & ­Sherry Real Estate Services, listens with colleagues during PBN’s first Economic Trends Summit in Providence on Feb. 15. Panelists said perennial concerns such as rising health care costs and uncertainty about changing federal policies are dampening optimism about an otherwise strong economy.
 / PBN PHOTO/RUPERT WHITELEY

Optimism tempered by uncertainty

Rhode Island’s economy is doing well, but a handful of perennial bugaboos, along with actions at the federal level, have dampened the business community’s...
CITIZENS BANK N.A. reported net income of $1.39 billion as of Dec. 31, 2018, according to data released by the Federal Deposit Insurance Corp. on Thursday. / PBN FILE PHOTO/ELI SHERMAN

FDIC: Local banks see profit grow 38% in 2018

PROVIDENCE – More than 20 banks with branches located in Rhode Island and Bristol County, Mass., reported year-over-year increases in net income at the...
THE R.I. DIVISION of Public Utilities and Carriers has denied Interstate Navigation Co.'s request for approval to finance a new 500-passenger fast ferry to Block Island. / COURTESY BLOCK ISLAND TOURISM COUNCIL

DPUC denies Interstate Navigation’s request to finance construction of new ferry

WARWICK – Significant questions about timing and inconsistencies in Interstate Navigation Co.’s arguments over the needs of additional fast-ferry service to Block Island prompted...

Tax reform boosts profits in banking industry

You might say 2018 was the year of Trump in banking. It’s debatable whether President Donald Trump is accomplishing his campaign promise to make...
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