The Washington Trust Co. - Page 30 of 33 - Providence Business News

Washington Trust boosts dividend to 43 cents per share

Financial Services 03/20/2018

WESTERLY – Washington Trust Bancorp Inc. board of directors last week approved a 43 cent per share dividend for this year’s first quarter, marking...

EDWARD O. HANDY III, right, recently assumed the position of chairman and CEO of Washington Trust Bancorp Inc., the Westerly-based parent of The Washington Trust Co. Handy previously served as the bank's president and chief operating officer. Mark K. W. Gim, left, will take over that role. Gim previously served as the bank's senior executive vice president of wealth management and chief strategy officer. / COURTESY WASHINGTON TRUST

Washington Trust makes leadership change official

Financial Services 03/13/2018

WESTERLY – The planned leadership change at Washington Trust Bancorp Inc. became official last week. Edward O. Handy III assumed the position of chairman and...

EDWARD O. Handy III is the chairman and CEO of Westerly-based Washington Trust Bancorp Inc., the second largest Rhode Island-based bank. / PBN FILE PHOTO/MICHAEL SALERNO

Banks are optimistic tax reform will benefit the bottom line long-term

Financial Services 03/02/2018

The Rhode Island banking community has largely celebrated the sweeping tax overhaul approved by Congress that among other things lowered the corporate tax rate...

Washington Trust provides $7.4M for Connecticut retail center

Financial Services 02/27/2018

WESTERLY – The Washington Trust Co. recently provided $7.4 million to finance a mixed-use property in Rocky Hill, Conn. The deal was made with Woodgreen...

JOSEPH J. MARCAURELE, chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co., says the Tax Cuts and Jobs Act has allowed the bank to award each of its full-time employees with a one-time cash bonus of $1,000; part-time employees each received a $500 cash bonus; and about 40 percent of employees received a $1 per hour increase in pay. / COURTESY WASHINGTON TRUST BANCORP INC.

Citing new tax law, Washington Trust gives bonuses, pay increases

Financial Services 01/23/2018

WESTERLY – Washington Trust Bancorp Inc. is the latest Rhode Island financial institution to share some of the new tax-law benefits. The company last week...

Washington Trust provides $16.5M for Connecticut apartment building

Financial Services 01/02/2018

WESTERLY – The Washington Trust Co. recently provided $16.5 million to refinance a multifamily apartment building in Norwalk, Conn. The financing deal was made with...

GARRY FOISY of Trilix authors a new blog series on the company’s site on balancing company operations, employee culture and customer satisfaction. / COURTESY TRILIX/CAT LAINE

Trilix blogs feature leaders, show where operations, culture meet

Technology 12/20/2017

WARWICK – Information technology consulting and software firm Trilix has started a blog series profiling Rhode Island and Massachusetts business leaders who exhibit workplace...

Washington Trust provides $9.8M for Connecticut development

Financial Services 12/12/2017

WESTERLY – The Washington Trust Co. recently provided $9.8 million to finance a new commercial project in downtown New Haven, Conn. The Westerly-based bank refinanced...

THE WASHINGTON TRUST CO. recently provided $23.6 million to finance the mixed-use redevelopment of Pontiac Mills in Warwick, shown by the rendering above. / COURTESY WASHINGTON TRUST

Washington Trust provides $24M for Pontiac Mills redevelopment

Financial Services 12/05/2017

WARWICK – The Washington Trust Co. recently provided $23.6 million to finance the mixed-use redevelopment of Pontiac Mills in Warwick. The Westerly-based bank made the...