Tag: Washington Trust Co.
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...
Three Fed rate cuts in 2019 spur more home-loan activity
Three interest-rate cuts this year by the Federal Reserve have encouraged homeowners to seek out refinancing of existing mortgages and created a robust market...
Customers still want brick-and-mortar banking
It started with drive-through banking lanes. Then it was automated teller machines – ATMs. Hailed as the future of banking, many thought the days...
Women urged to close savings gaps
Americans aren’t saving enough, in general. And women, in particular, have reasons to be concerned.
They live longer, which means their savings must last longer.
Because...
Millennials doing their part
"We are not like previous generations," Kevin McGovern said, when asked what nonprofits should expect from the rising generation of young adults. "We want...
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