Washington Trust Bancorp (NASDAQ:WASH) is the bank holding company for The Washington Trust Company, one of the oldest chartered banks in the United States. Founded in 1800 and based in Westerly, Rhode Island, the institution has built a reputation for stability and community banking. Over its two-century history, Washington Trust has grown through both organic expansion and strategic acquisitions, while maintaining a focus on personalized service and local decision making.
The company’s core offerings include a full suite of commercial and retail banking solutions. Commercial clients benefit from business lending, treasury management, and industry-specific financing, while individual customers can access checking and savings accounts, consumer loans, credit cards, and digital banking platforms. Washington Trust emphasizes relationship-driven banking, assigning experienced bankers to guide clients through borrowing, deposit strategies, and cash flow optimization.
In addition to traditional banking services, Washington Trust provides wealth management, trust, and investment advisory services. Through its subsidiary, Washington Trust Wealth Management, the firm offers financial planning, retirement planning, estate administration, and trust services for high-net-worth individuals, families and institutional clients. Mortgage lending is another important segment, with residential lending teams supporting homebuyers across Rhode Island, Connecticut and select Massachusetts markets.
Today, Washington Trust Bancorp operates more than 30 branch locations across southern Rhode Island, southeastern Connecticut and eastern Massachusetts. Under the leadership of Chairman and Chief Executive Officer John V. Kelly III, the company continues to reinforce its commitment to community involvement, supporting local economic development initiatives, charitable organizations and educational programs throughout its footprint. With a blend of historic roots and modern capabilities, Washington Trust Bancorp aims to deliver tailored financial solutions while preserving its heritage of trust and stability.
