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North Providence mayor receives Burlingame Award

CHARLES A. LOMBARDI, mayor of North Providence, was recently presented the Barbara Burlingame Award from the Northern Rhode Island Chamber of Commerce during the...

Five Questions With: Mark K. W. Gim

Mark K. W. Gim is responsible for overseeing the strategic planning process and daily operations of key business lines at Westerly-based The Washington Trust...
WASHINGTON TRUST BANCORP ranked No. 33 among best-performing community banks with assets between $3 billion and $10 billion in 2018. Above, Washington Trust Chairman and CEO Edward O. Handy III. / PBN FILE PHOTO MICHAEL SALERNO

Report: 2 R.I. community banks among top performing in U.S.

PROVIDENCE – Two Rhode Island financial institutions were named among the best performing community banks and credit unions in the nation by S&P Global...

Thundermist presents Community Partnership Award to WashTrust

WARWICK – Thundermist Health Center presented The Washington Trust Co. with the 2019 Community Partnership Award during the center’s annual meeting on March 11.Washington...
THE R.I. DEPARTMENT of Public Utilities and Carriers has opened an investigative docket into Interstate Navigation's plans to build a 500-passenger high-speed ferry. / COURTESY BLOCK ISLAND TOURISM COUNCIL

DPUC to investigate Interstate Navigation’s new ferry plans

WARWICK – The R.I. Division of Public Utilities and Carriers on Friday opened an investigative docket to look into the “needs and appropriateness” of...
BUCKING THE TREND: Brian A. Azar, senior vice president and chief lending officer at Navigant Credit Union, speaks with Deborah Drechnowicz, center, mortgage underwriting supervisor, and Lisa Grimo, mortgage loan underwriter. Unlike most banks, which saw their mortgage loan volume go down, Navigant reported an 8 percent increase from 2017 to 2018.
 / PBN PHOTO/MICHAEL SALERNO

Mortgage rates increase, loan volume drops during tumultuous 2018

After a tumultuous stock market performance in 2018 – especially during the last month of the year amid holiday celebrations – many banks’ mortgage...

Commercial-lending gains power WashTrust earnings

WESTERLY – Washington Trust Bancorp Inc., parent of The Washington Trust Co., rode double-digit increases in its commercial lending lines of business to record...

Washington Trust reports record earnings in 2018

WESTERLY – Washington Trust Bancorp Inc., parent of The Washington Trust Co., reported Monday a year-over-year 49 percent increase in earnings in 2018, as...

Five Questions With: Joseph Confessore

Joseph Confessore is leading The Washington Trust Co.’s new Private Clients Group, designed to provide a spectrum of banking and investment services for business...

Washington Trust launches new private client group

WESTERLY – The Washington Trust Co. has launched a new private client group designed to provide “personalized financial solutions” for business owners, executives and...
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