Tag: Washington Trust Bancorp Inc.
Washington Trust reports 2017, 4Q profit declines after new tax law
WESTERLY – Hit with a $6.2 million one-time charge on deferred tax assets, Washington Trust Bancorp Inc. on Tuesday reported 2017 profit fell 1.2...
Citing new tax law, Washington Trust gives bonuses, pay increases
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
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...
Washington Trust provides $9.8M for Connecticut development
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...
Five Questions With: Ronald S. Ohsberg
Ronald S. Ohsberg is senior executive president and treasurer of Washington Trust Bancorp Inc. Ohsberg is currently transitioning into the new role of chief...
Small banks, credit unions still finding value in opening new branches
When was the last time you went to the bank?
If you can’t remember, you’re not alone. Waiting in line for the bank teller is...
Five Questions With Joseph J. MarcAurele
Joseph J. MarcAurele | Chairman and CEO, Washington Trust Bancorp Inc.
1. What was the impetus behind the decision to retire right now? We...
Washington Trust celebrates new Coventry branch, makes $22.5M loan
COVENTRY – The Washington Trust Co. last week celebrated the grand opening of its newest location in Coventry, and made a multimillion-dollar loan for...
Washington Trust seeks to recoup $570K after suspected bank fraud
PROVIDENCE – In an age of cybercrimes and international hacking schemes, old-fashioned bank fraud seems somewhat outdated.
But don’t tell that to the Washington Trust...
Washington Trust announces senior management promotions
WESTERLY – Following major news that its CEO and chief financial officer would retire this winter, Washington Trust Bancorp Inc. has announced several senior-management...
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