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WASHINGTON TRUST ranked No. 32 among mid-tier banks for earnings performance, according to the latest annual ranking by American Banker magazine. Above, Mark Gim, the bank’s president and chief operating officer. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust named among top-performing banks

WESTERLY - The Washington Trust Co. ranked among the nation’s top 50 mid-sized banks, based on a three-year rolling average of earnings performance, according...
FROM LEFT: Brian Baldizar, assistant principal, Classical High School; Thomas Flanagan, chief academic officer, Providence Public Schools; Zawadi J. Hawkins-Gladstone, principal, Dr. Jorge Alvarez High School; Seth Magaziner, R.I. General Treasurer; Edward O. “Ned” Handy III, chairman & CEO, The Washington Trust Co.; Christopher Coleman, principal, Mt. Pleasant High School; and Judy Fried, assistant principal, Providence Career and Technical Academy, mark the success of Washington Trust’s financial literacy program at the bank’s East Side of Providence branch. / COURTESY THE WASHINGTON TRUST CO.

Washington Trust honored for its educational partnership promoting financial literacy

PROVIDENCE – The Washington Trust Co. has been awarded the 2018 Financial Capability Innovation Award by EverFi Inc. and its Financial Capability Network for...
TURKEY TIME: Washington Trust employees volunteer at the Pawtucket Thanksgiving Basket Drive in November, helping to assemble food boxes.
 / COURTESY THE Washington Trust Co.

The Washington Trust Co.

BEST PLACES TO WORK 2018 3. ENTERPRISE | The Washington Trust Co. Employees in R.I.: 501 Chairman and CEO Edward O. Handy III Questions answered by: Edward O....
Beyond the average
A piece of the Dodd-Frank financial reform law required for the first time that companies disclose the ratio of their CEO’s pay to the median salary of its employees, although the employers were allowed to exclude some workers from the calculation. / Sources: Company filings (Some companies excluded non-U.S. employees and others.)

Pay ratio disclosures show wide gaps between CEOs, employees

Out of the 19 public companies that are based in or have significant ­operations within Rhode Island and have filed proxy statements recently, 14...
COMMUNITY IMPACT: The SouthCoast Chamber of Commerce’s annual legislative luncheon on June 1 at Rachel’s Lakeside in Dartmouth will focus on taxation throughout Massachusetts and its impact on the local business community. Pictured are attendees at last year’s luncheon. / COURTESY SOUTHCOAST CHAMBER OF COMMERCE

Editor’s Choice: Discuss taxation at legislative luncheon

EDITOR’S CHOICE Discuss taxation at legislative luncheon THE SOUTHCOAST CHAMBER OF COMMERCE will host its annual legislative luncheon, offering business leaders a chance to meet with...
EDWARD O. "NED" HANDY III is chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co. / COURTESY WASHINGTON TRUST

Five Questions With: Edward O. Handy III

Edward O. “Ned” Handy III is chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co. The Westerly based bank...
THE WASHINGTON TRUST CO. set a record for quarterly earnings in the April-June period, with net income of $17.7 million, a 33.9 percent increase year over year.

Washington Trust to open new branch in North Providence

NORTH PROVIDENCE – The Washington Trust Co. expects to open a new branch in North Providence sometime around the start of 2019. Edward O. “Ned”...
THE WESTERLY EDUCATION CENTER recently received a $2,000 grant from The Washington Trust Charitable Foundation. From left, Dennis L. Algiere, senior vice president, chief compliance officer and director of community affairs for The Washington Trust Co.; Amy Grzybowski, executive director, Westerly Education Center; and Edward O. "Ned" Handy III, chairman and CEO, Washington Trust Bancorp. / COURTESY WASHINGTON TRUST

Westerly Education Center receives grant from Washington Trust

WESTERLY – The Westerly Education Center announced April 23 the receipt of a $2,000 grant from The Washington Trust Charitable Foundation. The funds will be...

Washington Trust expects loan growth to pick up as interest, cap...

WESTERLY – Coming off a record-breaking quarter, Washington Trust Bancorp Inc. executives are looking for loan growth to pick up in coming months, as...
THE WASHINGTON TRUST CO. recently provided $11.7 million to finance the acquisition of a "highly desirable" mixed-use commercial property in Westport, Conn., by Accel International.

Washington Trust finances $11M acquisition in Connecticut

WESTERLY – The Washington Trust Co. recently provided $11.7 million to finance the acquisition of a mixed-use commercial property in Westport, Conn. The Westerly-based bank...

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