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R.I. woman pleads guilty to operating an unlicensed money-transmitting business

PROVIDENCE – A Rhode Island woman has pleaded guilty to a federal judge of operating an unlicensed money-transmitting business that moved funds between individuals...

Washington Trust provides $13.6M financing for McGovern MHQ expansion

WESTERLY – The Washington Trust Co. has provided $13.6 million in financing to McGovern MHQ Inc. to support the New England vehicle upfitter’s acquisition...
WASHINGTON TRUST Bancorp Inc. Chairman and CEO Edward O. “Ned” Handy III says the growth in commercial lending, wealth management and branch expansion helped boost the Westerly-based bank's results in the second quarter. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust CEO points to commercial lending, branch growth after strong...

WESTERLY – Washington Trust Bancorp Inc. Chairman and CEO Edward O. “Ned” Handy III said the bank's improved second-quarter results showed growth in commercial...

Washington Trust to help finance 37 home purchases through affordable lending...

WESTERLY – The Washington Trust Co. said it expects to help finance 37 home purchases this year through a mix of federal grant programs...
WASHINGTON TRUST Bancorp reported first-quarter profit of $12.6 million on Monday, up 3.3% from $12.2 million in the same period a year ago. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust Q1 profit rises 3.3% to $12.6M

WESTERLY – The Washington Trust Bancorp Inc. reported first-quarter profit of $12.6 million on Monday, up 3.3% from $12.2 million in the same period...

Washington Trust hires commercial real estate lender for New Haven office

PROVIDENCE – The Washington Trust Co. has hired John-Paul “JP” Aldi as vice president of commercial real estate, adding to its lending team in...

Washington Trust donates welcome-home kits to Crossroads residents moving into new...

WESTERLY – Employees at The Washington Trust Co. recently donated more than $2,700 worth of household supplies to help formerly homeless Rhode Islanders settle...

Washington Trust CEO eyes stronger margins in 2026

WESTERLY – Washington Trust Bancorp Inc., the parent of The Washington Trust Co., is poised for higher profitability in 2026 as a costly interest...

Washington Trust delivers $75K to 12 nonprofits through checking drive

WESTERLY – The Washington Trust Co. has delivered $75,000 to 12 nonprofit housing, food and social service organizations across Rhode Island, Massachusetts and Connecticut...

Washington Trust to open 29th branch in fall 2026 in Pawtucket

WESTERLY – The Washington Trust Co. will open a new full-service branch at 433 Broadway in Pawtucket in fall 2026, the bank recently announced. The...
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