Tag: The Washington Trust Co.
Five Questions With: Marcus Charlemagne
Marcus Charlemagne was recently named assistant vice president and manager for The Washington Trust Co.’s new North Providence branch, set to open at 1588...
Washington Trust, BankNewport appoint new branch managers
PROVIDENCE – The Washington Trust Co. has appointed Marcus Charlemagne as assistant vice president and branch manager for the new Washington Trust branch set...
WashTrust posts $17.5M Q3 profit
WESTERLY – Washington Trust Bancorp Inc. on Monday reported a 35.1 percent year-over-year increase in profit in the third quarter to $17.5 million, or...
Report: Bank of America takes lead in bank deposits within Rhode...
PROVIDENCE – Rhode Island consumer banking has become a little less local, as Charlotte, N.C.-based Bank of America now has the most in-state deposits,...
Banks say tax reform allowed for increased spending on staff, infrastructure
Many banks in Rhode Island and elsewhere have showered employees with pay raises and bonuses since President Donald Trump and fellow Republicans in Congress...
R.I. banks having a stellar year, FDIC report shows
PROVIDENCE – Bolstered by a large cut in the corporate tax rate, United States banks collectively are on a financial roll, and the nine...
Washington Trust group rings opening bell for Nasdaq
WESTERLY – A group of employees from Rhode Island-based Washington Trust Bancorp Inc. had their moment in the sun Tuesday, ringing the daily opening...
Balancing demand for touch and tech
With an evolving mixture of millennials and older customers, local banks and credit unions increasingly face a dilemma when it comes to rapidly evolving...
Westerly Education Center receives grant from Washington Trust
WESTERLY – The Westerly Education Center announced April 23 the receipt of a $2,000 grant from The Washington Trust Charitable Foundation.
The funds will be...
Washington Trust reports $16M Q1 profit
WESTERLY – Washington Trust Bancorp Inc. on Friday reported record-breaking quarterly profit, which grew 37.6 percent to $16.2 million, or 93 cents per diluted...