Tag: The Washington Trust Co.
Washington Trust annual Peanut Butter Drive comes at crucial time
WESTERLY – The Washington Trust Co. has kicked off its annual Peanut Butter Drive, the 23rd year for an event that benefits the Rhode Island Community...
Changes in mortgage fee structure may shake up industry
Charging higher fees to a borrower who makes less money and has more debt has historically been the best way for mortgage lenders to...
Washington Trust loan to support R.I. offshore wind industry
WESTERLY – The Washington Trust Co. recently financed a “significant” loan to a New York offshore wind services company to support offshore wind farms...
Washington Trust reports $72M 2022 profit, record loans
WESTERLY – Rising interest rates, typically a boon for banks’ bottom lines, weren’t enough to offset inflationary headwinds for Washington Trust Bancorp Inc., which...
BankNewport breaks ground on new Lincoln branch
MIDDLETOWN – BankNewport is expanding into northern Rhode Island.
The Middletown-based community bank recently broke ground on a new branch in Lincoln, which is slated...
Five Questions With: Anthony Botelho
Anthony Botelho serves as senior vice president of commercial banking and team leader for the commercial and industrial group at The Washington Trust Co....
Washington Trust president to retire, successor will be first woman in...
WESTERLY – The second-in-command for The Washington Trust Co. is stepping down, paving the way for the company’s first woman president to fill his...
Washington Trust donates $22K to hunger relief organizations
WESTERLY – The Washington Trust Co. through its charitable foundation recently donated $22,000 to hunger-relief agencies across its footprint in Rhode Island, Massachusetts and...
Washington Trust opens New Haven lending office
NEW HAVEN, Conn. – The Washington Trust Co. is expanding in Connecticut, with the recent opening of a new commercial lending office in New...
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...
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