Washington Trust eyes brick-and-mortar as part of growth strategy

Nancy Lavin

01/28/2021

THE WASHINGTON TRUST CO. will open its 24th branch this spring, with plans for future brick-and-mortar locations as a way to increase its share of market deposits. / PBN FILE PHOTO/SCOTT KINGSLEY

WESTERLY – As banks across the region and nation look to scale back on brick-and-mortar branches, The Washington Trust Co. is looking to expand its footprint as a key way to grow its share of deposits. The Westerly-based bank plans to open its 24th branch, in East Greenwich, later this quarter, Edward O. Handy III,…

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