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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...
THE WASHINGTON TRUST CO. set a record for quarterly earnings in the April-June period, with net income of $17.7 million, a 33.9 percent increase year over year.

WashTrust sets profit record in 2Q

WESTERLY – Washington Trust Bancorp Inc. on Monday reported a 33.9 percent increase in profit in the second quarter compared with the same period...
EDWARD O. "NED" HANDY III is chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co. / COURTESY WASHINGTON TRUST

Five Questions With: Edward O. Handy III

Edward O. “Ned” Handy III is chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co. The Westerly based bank...
THE WASHINGTON TRUST CO. set a record for quarterly earnings in the April-June period, with net income of $17.7 million, a 33.9 percent increase year over year.

Washington Trust to open new branch in North Providence

NORTH PROVIDENCE – The Washington Trust Co. expects to open a new branch in North Providence sometime around the start of 2019. Edward O. “Ned”...

Washington Trust expects loan growth to pick up as interest, cap...

WESTERLY – Coming off a record-breaking quarter, Washington Trust Bancorp Inc. executives are looking for loan growth to pick up in coming months, as...
THE WASHINGTON TRUST CO. recently provided $11.7 million to finance the acquisition of a "highly desirable" mixed-use commercial property in Westport, Conn., by Accel International.

Washington Trust finances $11M acquisition in Connecticut

WESTERLY – The Washington Trust Co. recently provided $11.7 million to finance the acquisition of a mixed-use commercial property in Westport, Conn. The Westerly-based bank...
ADAPTING INDUSTRY: As consumer expectations for online banking grow with advancing technology, banks and credit unions must find ways to adapt to those expectations while keeping costs down.

As technology becomes increasingly intertwined with banking, it presents opportunity and...

When Lisa G. Dandeneau first joined Navigant Credit Union more than 22 years ago, one of her first tasks was to help launch online...
THE WASHINGTON TRUST CO. recently provided $2.7 million for a one-story, multi-tenant commercial property in Wallingford, Conn.

Washington Trust provides $2.7M for Wallingford property

WESTERLY – The Washington Trust Co. recently provided $2.7 million for a commercial property in Wallingford, Conn. The deal was made with owners of a...
JOSEPH J. MARCAURELE IS chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co. in Westerly, which reported third-quarter profit of $13 million on Monday. / COURTESY WASHINGTON TRUST BANCORP

Washington Trust 3Q profit rises 5% to $13M

WESTERLY – Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., reported third-quarter net income of $13 million Monday, a 5.2...
TRENDING UPWARD: Washington Trust Co. Chairman and CEO Joseph J. MarcAurele, left, was succeeded by former Chief Operating Officer and President Edward "Ned" O. Handy III. MarcAurele led the bank to multiple years of year-over-year profitability growth since becoming CEO in 2010. / COURTESY WASHINGTON TRUST

Washington Trust CEO, CFO to retire

WESTERLY – There’s a changing of the guard planned this winter for Washington Trust Bancorp Inc., as long-time Chairman and CEO Joseph J. MarcAurele...
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