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Greater Providence Chamber of Commerce President Laurie White spoke with Ned Handy, chairman & CEO of Washington Trust and Mark Gim, president & COO about the many ways the bank is here to help during uncertain times.
Westerly, RI –The Washington Trust Company, along with Lawyers for Civil Rights (LCR) and Tufts Health Plan have awarded 30 small businesses, specifically those that are minority-owned and women-owned in Rhode Island, with $1,000 grants. The funds will be used to purchase personal protective equipment (PPE), technology allowing their employees to work safely remotely, and other health and wellness-related support to help their reopening.
Waterford, CT - Washington Trust’s Commercial Real Estate Group recently provided $21 million to Readco Capital Advisors, LLC for the acquisition and re-development of the former Toys R Us building located on Dayton Rd. in Waterford. Readco Capital Advisors, LLC arranged a 15-year lease with Hartford Healthcare to fully occupy the new 70,500 square foot two-story state of the art medical facility.
Our Executive Vice President and Chief Retail Lending Officer Mary Noons spoke to Providence Business News about COVID-19's impact on mortgage activity and the implementation of the new adverse market fee.
Hamden, CT- Washington Trust’s Commercial Real Estate Group recently provided $12.2 million to Hamden Plaza Associates, LLC, for the refinancing and renovation of a retail shopping center at 2100 Dixwell Ave. in Hamden, CT. The property consists of 32 tenants, including ShopRite, Marshall’s, Party City, and Planet Fitness. The 255,574 square foot complex is comprised of four buildings situated on a 23.5 acre parcel.
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Media Inquiries Contact
Elizabeth B. Eckel
SVP, Chief Marketing & Corporate Communications Officer
23 Broad Street
Westerly, RI 02891
Phone: (800) 475-2265
Routing Number: 011500858
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NMLS#414726 Important Information about FDIC Insurance Coverage | NMLS Registered Lenders
Member FDIC Equal Housing Lender
Federal Equal Credit Opportunity Notice: The Federal Equal Credit Opportunity Act prohibits creditors from discrimination against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided that the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this Bank is FDIC Consumer Response Center, 1100 Walnut Street, Box #11, Kansas City, Missouri 64106.
Right to Request Specific Reasons for Credit Denial Notice: If your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please contact us at 1-800-475-2265 or write to us at The Washington Trust Company, 23 Broad Street, Westerly, RI 02891 within 60 days from the date you are notified of our decision. We will send you a written statement of reasons for the denial within 30 days of receiving your request for the statement. The Washington Trust Company, a member of the FDIC, is located at 23 Broad Street, Westerly, RI 02891.
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