Washington Trust Bancorp, Inc. (WASH) NASDAQ
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Washington Trust Bancorp, Inc.
Address
23 Broad Street
Westerly, RI 02891-0512
United States of America (the)
Phone
401 348 1200
Website
Sector
Financial Services
Industry
Banks - Regional
Employees
642
First IPO Date
June 08, 1987
Key Executives
| Name | Title | Pay | Year Born |
| Edward Otis Handy | Chairman & Chief Executive Officer | 1.38M | 1962 |
| Rolando A. Lora | Executive VP, Chief Retail Lending Officer & Director of Community Lending | 512,508 | 1971 |
| Ronald S. Ohsberg | Senior EVP, CFO & Treasurer | 577,672 | 1965 |
| Kathleen A. Ryan | Executive VP & Chief Wealth Management Officer | 629,321 | 1966 |
| Mary E. Noons | President & Chief Operating Officer | 678,973 | 1962 |
| Kristen L. DiSanto | Senior EVice President, Chief Human Resources Officer & Corporate Secretary | 0 | 1970 |
| Sharon Walsh | Senior Vice President and Director of Marketing & Corporate Communications | 0 | N/A |
| C. Scott Ostrowski | Senior VP & Chief Audit Executive | 0 | N/A |
| Maria Janes | Executive Vice President, Chief Accounting Officer & Controller | 0 | 1971 |
| James Mignone | Executive Vice President & Chief Information Officer | 0 | N/A |
| Dennis L. Algiere | Executive VP, Chief Compliance Officer & Director of Community Affairs | 0 | 1961 |
Description
Washington Trust Bancorp, Inc. functions as the holding company for The Washington Trust Company, delivering a diverse range of banking and financial solutions to individuals and corporate clients. The company is structured into two primary divisions: Commercial Banking and Wealth Management Services. The Commercial Banking division extends a wide array of credit products to businesses and individuals. This includes financing for commercial real estate (like mortgages and construction projects), commercial and industrial ventures, residential properties (such as mortgages and home construction), and various consumer needs, including home equity lines, personal installment loans, and even loans for general aviation aircraft. Alongside lending, it provides a comprehensive suite of deposit options, including interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, retirement accounts, and certificates of deposit. Customers also benefit from modern banking conveniences such as debit cards, ATMs, telephone banking, online and mobile platforms, remote deposit capture, and tailored cash management services. The Wealth Management Services segment delivers specialized financial guidance, encompassing investment management, financial planning, and comprehensive trust and estate services for both individual and institutional clients. These services include acting as a trustee, personal representative, custodian, and guardian, managing the settlement of estates, and offering institutional custody and fiduciary support. Additionally, the company operates as a licensed broker-dealer, making available products like variable annuities and college savings plans. As of December 31, 2021, its physical presence included 10 branch locations across southern Rhode Island, 13 within the broader Providence metropolitan area in Rhode Island, and a single branch in southeastern Connecticut. Established in 1800, Washington Trust Bancorp, Inc. has its headquarters in Westerly, Rhode Island.
