Washington Trust reports $4.8M mortgage banking revenues in Q3

Updated at 10:29 a.m. on Oct. 28, 2019

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 in extra cash, according to top executives at The Washington Trust Co. Discussing the administration’s fiscal policies and their impact on the Westerly-based bank’s third-quarter financial results this week, Washington Trust’s…

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