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At Washington Trust, physical and financial well-being join as one

Healthiest Employers of Rhode Island 2023 500-1,499 Employees 5. The Washington Trust Co. CEO (or equivalent): Edward O. Handy III, Chairman and CEO Number of employees:...
WASHINGTON TRUST BANCORP INC. reported $11.3 million in profit for the second quarter of 2023, down 43% from the same period a year ago. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust posts $11.3M profit in Q2

WESTERLY – Washington Trust Bancorp. Inc. on Monday reported a $11.3 million second-quarter net income, a decrease of $8.7 million, or 43%, from the...
STILL STANDING: 
There is vacant office space in downtown Providence, but people in the local commercial real estate sector say landlords and banks haven’t reached a crisis level as others have nationwide. 
PBN PHOTO/­MICHAEL SALERNO

SHAKY GROUND: Distressed office real estate could undermine banks, wider economy

The former mayor of Providence is distressed. When Joseph R. Paolino Jr. walks through the city’s financial district, he’s anxious about what he sees. He...

PBN unveils 2023 Healthiest Employers of Rhode Island

PROVIDENCE – Twenty-four organizations have been named as honorees in Providence Business News’ 2023 Healthiest Employers of Rhode Island Awards program. All the honorees for...

Washington Trust expands RI Community Lending Program for homebuyers

WESTERLY – The Washington Trust Co. has enhanced its RI Community Lending Program with the addition of two new initiatives for aspiring homeowners in...
BAY DAY: The Washington Trust Co. employees support the Save The Bay Inc.’s International Coastal Cleanup initiative at Napatree Point in Westerly. 
COURTESY THE WASHINGTON TRUST CO.

High employee spirit creates the right ‘trust’ at Washington Trust

PBN Best Places To Work Awards 2023 ENTERPRISE COMPANIES #1: The Washington Trust Co. Employees in R.I. 555 Chairman and CEO Edward O. “Ned” Handy III “EMPLOYEE FEST”...
PARISEAULT BUILDERS INC. employees dressed in construction attire pose for a photo Wednesday during Providence Business News' Best Places to Work Awards ceremony at the Crowne Plaza Providence-Warwick. / PBN PHOTO/JAMES BESSETTE

Companies honored at PBN’s Best Places to Work Awards

WARWICK – A nonprofit, a construction company, an insurance provider and a longtime banking institution were recognized among 67 honorees in Providence Business News’...

Washington Trust finances $30M for East Providence apartment building

WESTERLY – The Washington Trust Co.’s Commercial Real Estate Group recently provided $30 million in financing to Newport Apartments LLC for the construction of...

Newsweek picks Washington Trust as America’s Best Small Bank 2023 in...

WESTERLY – Newsweek magazine recently named The Washington Trust Co. to its America's Best Small Banks 2023 list for the state of Rhode Island. It is...

Washington Trust finances $2.2M industrial project

WESTERLY – The Washington Trust Co.’s Commercial Real Estate Group recently provided $2.2 million in financing to BHD 12-14 Realty LLC for an 81,250-square-foot...
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