Tag: Washington Trust Co.
Centreville, Navigant top Forbes’ Best-in-State rankings for R.I.
WEST WARWICK – Rhode Island’s community banking sector earned a strong showing in Forbes’ 2026 Best-In-State rankings, with Centreville Bank and Navigant Credit Union taking...
Banks doubling down on downtown branches
Bristol County Savings Bank cut the ribbon on its new full-service branch at 5 Exchange St. in downtown Providence in March, placing another community...
Must R.I. give Citizens what it wants?
The 11th-hour budget amendment submitted by Gov. Daniel J. McKee asking to overhaul how Rhode Island-based banks are taxed had some questioning whether the...
Washington Trust reports $10.9M profit in Q1, down 14.8%
WESTERLY – Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., on Monday reported a net income of $10.9 million in...
Branching out: In digital age, why are R.I. banks building more...
No one would blame Jack Murphy if he’s feeling a little under siege lately.
As CEO and president of BankNewport, Murphy considers Aquidneck Island his...
Call to arms for government, businesses
On the occasion of Providence Business News’ 35th anniversary, six business and community leaders joined in a virtual discussion on Rhode Island’s economy –...
As new deposits slow, bank strategies evolve
The billions of dollars doled out in forgivable small-business loans and personal stimulus checks made their way to recipients through their bank accounts.
The result:...
For some businesses, coin shortage a test of their mettle
Rolling $800 in loose change into individual paper coin wrappers is not typically a service offered at Rippy’s Liquor & Marketplace. But amid a...
Local lenders report slow start to Main Street Lending Program
PROVIDENCE – If the outpouring of applications for the Paycheck Protection Program amounted to a flood initial interest in the new Main Street Lending...
Washington Trust posts $69M profit in 2019
WESTERLY – Washington Trust Bancorp Inc., the parent of Westerly-based The Washington Trust Co., posted a $69.1 million profit in 2019, the company reported...
