Washington Trust Bancorp

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Washington Trust Bancorp, Inc. is a bank holding company that operates through its subsidiary, The Washington Trust Company. The company was founded in 1800 and is headquartered in Westerly, Rhode Island.
The Washington Trust Company offers a wide range of financial services and products to individuals and businesses. This includes commercial and residential lending, wealth management, trust and investment services, and online and mobile banking.
The company has a network of branches and ATMs throughout Rhode Island and Connecticut, as well as a presence in Massachusetts and New York through its subsidiary, Commercial Bancorp, Inc.
Washington Trust Bancorp is publicly traded on the NASDAQ under the ticker symbol WASH. The company has a strong history of growth and financial stability, and has been recognized by Forbes as one of America's Most Trustworthy Financial Companies.
In addition to its banking operations, Washington Trust Bancorp is also committed to supporting the communities it serves. The company has a charitable foundation that provides grants to organizations in the areas of community development, education, health and human services, and the arts. Washington Trust Bancorp also encourages its employees to volunteer and participate in community service projects.
Overall, Washington Trust Bancorp is a well-established and respected company that offers a range of financial services and also actively contributes to the betterment of its communities.

1. History and legacy: The Washington Trust Bancorp was founded in 1800, making it the oldest community bank in the nation. It has a long history of providing financial services to individuals and businesses in Rhode Island and nearby states.
2. Strong financial standing: The company has consistently shown strong financial performance, with a strong capital base and sound asset quality. It has been profitable for over 200 consecutive quarters and has weathered economic downturns successfully.
3. Community-focused: Washington Trust has deep roots in the local communities it serves and is committed to giving back through charitable donations and volunteer work. Its employees also serve on boards of various community organizations.
4. Diversified services: Washington Trust offers a wide range of financial services, including personal and business banking, investment management, trust and estate planning, and insurance, making it a one-stop-shop for customers' financial needs.
5. Personalized service: As a community bank, Washington Trust offers personalized service to its customers and treats them as individuals rather than just account numbers. This personal touch sets it apart from larger, corporate banks.
6. Technology and innovation: Despite its long history, the company continuously invests in technology and innovation to provide modern and convenient banking services. Customers can access their accounts online, through mobile banking, and at various ATMs.
7. Awards and recognition: Washington Trust has been consistently recognized for its financial performance, community involvement, and commitment to customer service. It has been named as one of the best banks in Rhode Island by Forbes, Money, and the Providence Business News.
8. Employee-focused: The company values its employees and has been recognized as a top workplace in Rhode Island for several years. It offers competitive benefits, training and development opportunities, and a supportive work culture.
9. Commitment to sustainability: As a responsible corporate citizen, Washington Trust is committed to sustainable practices and has adopted environmentally-friendly initiatives in its operations.
10. Sound corporate governance: The company follows sound corporate governance practices, with a diverse and experienced board of directors and executive team that prioritize transparency, accountability, and ethical conduct.

Washington Trust Bancorp, Inc. is a financial holding company that operates through its subsidiary, the Washington Trust Company. Its business model is to provide a range of financial services, including banking, trust, and investment management services, to individual and business customers in Rhode Island and neighboring communities.
The company's banking services include checking and savings accounts, mortgage and consumer loans, and commercial lending. Its trust and investment management division offers services such as trust and estate planning, investment management, and retirement planning.
Washington Trust Bancorp also generates revenue through its commercial real estate and residential mortgage lending operations, as well as its insurance agency subsidiary, Washington Trust Insurance Services.
The company's business model is centered on building and maintaining strong relationships with its customers and communities. It aims to provide personalized and responsive financial solutions to help individuals and businesses achieve their financial goals. Additionally, Washington Trust Bancorp focuses on maintaining a strong financial position and complying with banking regulations to ensure long-term stability and growth.

1. The Washington Trust Company was founded in 1800, making it the oldest community bank in the nation and the oldest corporation in Rhode Island.
2. The bank’s original charter was issued by John Hancock in 1800, who was then governor of Massachusetts, which at the time included Rhode Island.
3. The bank’s name was changed to Washington Trust Company in 1882, in honor of President George Washington.
4. Washington Trust was one of the few banks to remain open and solvent during the Great Depression.
5. In 1975, Washington Trust became the first bank in Rhode Island to offer checking accounts, which were previously only provided by savings banks.
6. In 1998, Washington Trust became a publicly owned company and its stock began trading on the NASDAQ stock exchange.
7. The bank acquired Bank Rhode Island in 2011, expanding its presence in the state.
8. Washington Trust has been consistently recognized as one of the top 100 community banks in the country by American Banker magazine.
9. The bank has a long history of involvement in the community and has been a major supporter of local non-profit organizations and initiatives.
10. Washington Trust also has a strong commitment to environmental sustainability and was the first bank in Rhode Island to install solar panels on its buildings.
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