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PBN names 2025 Best Places to Work honorees

PROVIDENCE – Sixty-four honorees have been named by Providence Business News for its 2025 Best Places to Work Awards program. Each of the companies and...

Five Questions With: Eddy E. Grijalva

Eddy E. Grijalva was appointed officer and branch manager at The Washington Trust Co. Olneyville location in Providence in September 2024. He previously worked in several...

R.I. Hispanic Chamber of Commerce opens new headquarters

PROVIDENCE – Rhode Island Hispanic Chamber of Commerce officials on Friday formally cut the ribbon on the Chamber’s new headquarters at the historic James...
ON THE DECLINE? The estimated annual amount of overdraft fees collected by U.S. banks and credit unions has dropped from a high of nearly $12 billion in 2019 to $5.3 billion in 2023. But the Consumer Financial Protection Bureau rule would cut further into that revenue.
SOURCE: Federal Deposit Insurance Corp. data; Federal Financial Institutions Examination Council

Bankers fight to overturn rule on overdraft fees

A proposed banking regulation that one federal agency says will save Americans $5 billion a year in overdraft fees is facing strong opposition from...

Washington Trust employees collect household items, build kits for Crossroads clients

WESTERLY – The Washington Trust Co. employees recently built and donated 35 “Welcome Home” kits to benefit Crossroads Rhode Island clients who are transitioning...

Five Questions With: Michelle Kile

Michelle Kile was appointed executive vice president and chief retail banking officer at The Washington Trust Co. in November. She previously held a similar...

Washington Trust awards $18K in grants to R.I. nonprofits during holiday...

WESTERLY – The Washington Trust Co. has made charitable contributions and in-kind donations to 40 local nonprofit organizations to support their outreach efforts this...
WASHINGTON TRUST BANCORP INC. says it will take a one-time $70 million loss in order to shed its balance sheet of low-yielding assets and to boost its earnings in the coming year and beyond. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust sells assets at a $70M loss to improve earnings...

WESTERLY – Washington Trust Bancorp Inc. says it is "repositioning" its balance sheet in a strategy that has the company selling off low-yielding assets...

Rhode Island Hispanic Chamber of Commerce moving headquarters to Broad Street

PROVIDENCE- The Rhode Island Hispanic Chamber of Commerce is relocating its headquarters after purchasing the historic James Potter House in the Elmwood section of...

Washington Trust beefs up community lending offerings

WESTERLY – The Washington Trust Co. says it recently enhanced its Rhode Island community lending program by adding a home improvement loan program that...
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