Tag: The Washington Trust Co.
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...
Washington Trust named among 2022 ‘Best Banks to Work For’
WESTERLY – The Washington Trust Co. was recently recognized by American Banker on its 2022 “Best Banks to Work For” list.
The magazine recognized 90...
Washington Trust finances $16.4M loan for Connecticut office building
WESTERLY – The Washington Trust Co. through its commercial real estate group recently provided a $16.4 million loan to a Connecticut office building project,...
How will R.I. use $250M to ease its housing woes?
Rhode Island has received $1.1 billion in federal money from the American Rescue Plan Act, passed in response to the economic effects of the...
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