Wednesday, October 4, 2023

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R.I. treasurer to evaluate relationship with Washington Trust after redlining settlement

PROVIDENCE – General Treasurer James A. Diossa on Thursday announced his office will evaluate the state’s relationship with The Washington Trust Co., the Westerly-based...

Washington Trust awarded for worksite wellness for 7th consecutive year

WESTERLY – The Washington Trust Co. was recently recognized with an Exemplary Worksite Health Award from Blue Cross & Blue Shield of Rhode Island...

Washington Trust expands RI Community Lending Program for homebuyers

WESTERLY – The Washington Trust Co. has enhanced its RI Community Lending Program with the addition of two new initiatives for aspiring homeowners in...

Don’t panic: R.I. business leaders advise caution, planning

PROVIDENCE – Business leaders in Rhode Island are urging caution and careful planning as the nation braces itself for a recession, interest rates continue...

Washington Trust announces first-ever ESG report

WESTERLY – A diverse staff and board, community donations and energy efficient buildings are among the highlights Washington Trust Bancorp Inc. laid out in...

Rhode Island Foundation names Washington Trust SVP to Board

Peter R. Phillips has been named to the Board of Directors of the Rhode Island Foundation. As the state’s largest funder of nonprofit organizations,...

Leadership in a Time of Crisis: Washington Trust

There are many words we could use to describe 2020: surreal, challenging, uncertain, unprecedented ... but at the same time, inspiring, collaborative, cooperative, and...

Washington Trust announces stock buyback program

WESTERLY – Washington Trust Bancorp Inc. is seeking to repurchase up to 850,000 shares, or 5%, of the company’s outstanding common stock over the...

Washington Trust reports $4.8M mortgage banking revenues in Q3

WESTERLY – The Trump administration’s push for ever-lower interest rates is squeezing banks’ earnings, just a year after Trump’s tax cuts left banks awash...

Washington Trust reports $18.8M profit in Q3

WESTERLY – Washington Trust Bancorp Inc. reported Monday a third-quarter profit of $18.8 million, a 7.4% increase from a profit of $17.5 million in...
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