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Washington Trust donates $122K to 7 R.I. housing organizations

WESTERLY – The Washington Trust Charitable Foundation has awarded a total of $122,000 to seven Rhode Island organizations in support of various programs providing...

Washington Trust opens 27th branch at Smithfield Crossing

WESTERLY – The Washington Trust Co. recently announced the opening of its 27th branch, which is located at Smithfield Crossing, 371 Putnam Pike, Smithfield. Edward...

Former Providence mayor is one of two named to Washington Trust...

WESTERLY – Former Providence Mayor Angel Taveras will join Washington Trust Bancorp Inc.'s board of directors starting March 1. The parent company of The Washington...
A PEDESTRIAN carries an umbrella while walking through the snow Tuesday in Providence. A winter storm warning remains in effect until Tuesday evening, with 8 inches of snow expected to fall over most of Rhode Island by 6 p.m. Northern parts of the state could see 6 inches of snow due to the storm’s southward shift. / AP PHOTO/DAVID GOLDMAN

Winter storm hits state with heavy snow, strong winds

PROVIDENCE – A powerful nor’easter moved through Rhode Island Tuesday, bringing heavy snow and strong wind gusts that affected travel and caused isolated power...
WASHINGTON TRUST Bancorp Inc., the parent company for The Washington Trust Co., says its net income for 2023 was $48.2 million compared with $71.7 million it posted in 2022. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust’s year-end profit declines 32.8% to $48.2M

WESTERLY – The Washington Trust Bancorp Inc. on Wednesday posted a profit of $48.2 million for 2023, down 32.8% from the $71.7 million it...

R.I. Mortgage Bankers Association elects new board members, installs 2024 officers

WARWICK – The Rhode Island Mortgage Bankers Association highlighted its accomplishments of the past year and welcomed new members to its board of directors...

Washington Trust listed among ‘Best Banks to Work For’ for 5th...

WESTERLY – The Washington Trust Co. has been named one of the nation’s “Best Banks to Work For” by American Banker magazine as part...
THE WASHINGTON TRUST Bancorp Inc. reported a net income of $11.2 million in the third-quarter Tuesday, during what company chairman and CEO Edward O. Handy III called “difficult operating conditions." / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports $11.2M profit in Q3, a 40% drop from...

WESTERLY – The Washington Trust Bancorp Inc. on Tuesday posted a third-quarter profit of $11.2 million, down 40.2% from $18.7 million it reported in...

Washington Trust donates $50K to Crossroads R.I.’s affordable housing development in...

WESTERLY – The Washington Trust Co. has committed to donating $50,000 over five years in support of Crossroads Rhode Island’s Roads to Home Capital...

FDIC: Citizens, Bank of America see R.I. deposits decline

PROVIDENCE – Citizens Financial Group Inc. and Bank of America Corp. remain the largest banks in Rhode Island by deposits, but the amount of...
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