CONTACT: Charlene P. Davenport, Public Relations Officer, 401-348-1363
DATE: May 9, 2008
Washington Trust Receives Recognition From The IRS
May 9, 2008 (Westerly, Rhode Island). . .The Washington Trust Company was recognized by the Internal Revenue Service for participating in the 2008 Volunteer Income Tax Assistance (VITA), and Tax Counseling for the Elderly (TCE) programs, at a recent event at Casey Family Services in Providence.
The VITA Program offers free tax help to low- to moderate-income people who cannot prepare their own tax returns. Certified volunteers sponsored by various organizations receive training to help prepare basic tax returns in communities across the country. The Tax Counseling for the Elderly (TCE) Program provides free tax help to people age 60 and older. Trained volunteers from non-profit organizations provide free tax counseling and basic income tax return preparation for senior citizens.
Washington Trust was recognized for making available to these tax return filers, a no fee, no minimum balance savings account, and for making their deposits accessible at no cost at Washington Trust ATM's located in Rite-Aid pharmacies and State office buildings.
“We are honored to receive this recognition from the Internal Revenue Service,” said John C. Warren, chairman and chief executive officer, Washington Trust. “The VITA and TCE programs provide an essential service in our community and we are pleased to be associated with them.”
The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $2.5 billion corporation headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the largest independent bank and the oldest community bank in the nation, headquartered in Rhode Island. A state-chartered bank, Washington Trust offers a full range of financial services, including business banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, southeastern Connecticut and Massachusetts. The Corporation’s common stock trades on The NASDAQ Stock Market under the symbol WASH. Web site address: www.washtrust.com.
