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Westerly, RI - Washington Trust has donated $25,000 to Saint Elizabeth Community in support of its capital campaign for the building of GREEN HOUSE® Homes at Saint Elizabeth Home in East Greenwich, RI. Saint Elizabeth Community President and CEO Steven Horowitz, Washington Trust Chairman and CEO Joseph MarcAurele and Washington Trust President and COO Edward Handy made the announcement jointly, at a check presentation outside the new GREEN HOUSE® Homes. The donation represents a multi-year commitment to the non-profit, Saint Elizabeth Community on behalf of the Washington Trust Charitable Foundation.
“Building the GREEN HOUSE® Homes at Saint Elizabeth Home, a $12.5 million project, has been made possible thanks to the incredible partnership Saint Elizabeth Community has with Washington Trust,” said Steven Horowitz, President & CEO, Saint Elizabeth Community. “Our confidence in Washington Trust has allowed us to build an exceptional new model of nursing home, offering Rhode Island seniors another choice in care - Innovation supported. Thank you Washington Trust!”
Partnering with THE GREEN HOUSE® Project, the GREEN HOUSE® Homes at Saint Elizabeth Home provide an innovative new model of nursing home care. Each home has 12 private bedrooms with private bathrooms and showers. The homes are built to provide space for both privacy and community, with bedrooms encircling the shared space which includes a dining room, kitchen and hearth room. These homes have all the amenities that make them real homes, complimented by the features of a state of the art nursing home.
The Washington Trust Charitable Foundation provides charitable grants to 501(c)3 organizations whose work benefits the communities served by the bank.
ABOUT WASHINGTON TRUST® Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast’s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ: WASH). Additional information on Washington Trust and its subsidiaries can be found at https://www.washtrust.com/.
Westerly, RI - Washington Trust chairman and CEO Joseph MarcAurele, Washington Trust president and COO Edward Handy and Washington Trust senior vice president Dennis Algiere presented a $100,000 check to Amy Grzybowski, executive director of the Westerly Education Center, and Neil Steinberg, president and CEO of the Rhode Island Foundation, on behalf of the Washington Trust Charitable Foundation. The donation represents a multi-year commitment to support the Westerly Higher Education and Job Skills Center, which opened in January 2017.
"Because of Washington Trust's support of the Center, thousands of women and men in need of workforce and skills training will know a better future for themselves and their families as a result of the access to quality education provided to them," said Grzybowski. "We are truly grateful for the investment Washington Trust has made in their futures and ours."
“Washington Trust’s very generous commitment to the Center will support the growth of this important educational and skills training facility initiated by the Royce family,” said Steinberg. “Students are already attending the classes and training that will create the workforce necessary for manufacturers like Electric Boat to expand and thrive.” The Rhode Island Foundation accepted the donation on behalf of the charity that was created to support the project.
The Center is an innovative facility designed to bring together higher education, business, industry, and community partners to serve the workforce and community needs of southwestern Rhode Island and the State. The 34,500-square-foot facility will be the base for providing high-quality educational programs in key sectors to meet projected workforce growth in the region. The anchor tenant is the Community College of Rhode Island in partnership with General Dynamics Electric Boat.
PHOTO CAPTION (from left to right): Amy Grzybowski, executive director, Westerly Education Center, Edward Handy, Washington Trust president and COO, Joseph MarcAurele, Washington Trust chairman and CEO, Neil Steinberg, president and CEO of the Rhode Island Foundation and Dennis Algiere, Washington Trust senior vice president at the Westerly Higher Education and Job Skills Center.
Westerly, RI – The Washington Trust Company has hired Albertina Santos as Assistant Vice President, Branch Manager for the new Washington Trust branch now open on the East Side of Providence, at 229 Waterman Street. Upon the opening of its new East Side location, Washington Trust now has a total of 20 branches throughout Rhode Island as well as one in Mystic, CT.
Santos has more than 20 years of banking experience, having held numerous positions within the Rhode Island market. She most recently served as Branch Manager for Bank of America’s North Providence location. In her new role with Washington Trust, she is responsible for managing the daily operations of the branch, growing the bank’s deposit base and maintaining Washington Trust’s active role in the community.
ABOUT WASHINGTON TRUST® Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast’s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ OMX®: WASH). Additional information on Washington Trust and its subsidiaries can be found at www.washtrust.com.
Westerly, RI – Washington Trust, the largest state-chartered bank headquartered in Rhode Island, kicked off the opening of its 21st branch at 229 Waterman Street on the historic East Side of Providence, Rhode Island with a ribbon-cutting on Wednesday, February 3rd. Washington Trust Chairman and CEO Joseph MarcAurele and President and COO Edward “Ned” Handy were joined by Providence Mayor Jorge Elorza, Rhode Island Lt. Governor Daniel McKee and Liz Tanner, VP of Client Services for the Rhode Island Commerce Corporation who was there representing the office of Rhode Island Governor Gina Raimondo.
At the ceremony, Joseph MarcAurele, Ned Handy and Branch Manager Tina Santos presented a check to Jeffrey Savit, President and CEO of the Jewish Alliance of Greater Rhode Island, the branch’s first community partner on the East Side.
Also in attendance from Washington Trust were Deb Gormley, Executive Vice President, Retail Banking, Dennis Algiere, Senior Vice President and Director of Community Affairs and other members of the Bank’s Senior Management team. Other attendees included State Senator Gayle Goldin, Providence Finance Director Lawrence Mancini, Providence Councilman Samuel Zurier, Janet Raymond, Senior Vice President with the Greater Providence Chamber of Commerce, Barbara Fields, Executive Director of Rhode Island Housing and Ron and Pete Cardi or Cardi’s Furniture.
West Warwick, RI – Washington Trust has donated $50,000 to the Station Fire Memorial Foundation in support of its capital campaign to build the memorial park created to honor the 100 people who lost their lives in the tragic Station Nightclub fire on February 20, 2003. The donation represents a multi-year commitment to the foundation on behalf of the Washington Trust Charitable Foundation.
Joseph MarcAurele, Washington Trust Chairman and CEO, is a member of the Station Fire Memorial Park Campaign Leadership Committee. The park, which is due to open at a dedication ceremony on Sunday, May 21st, is located on the site of the former nightclub, at 211 Cowesett Avenue in West Warwick, RI. It was constructed by Gilbane Building Company with active assistance and donations from various building trades.
“As a survivor and President of the Station Fire Memorial Foundation I am humbled and honored by the very generous donation of $50,000 made by Washington Trust,” said Gina Russo, President, SFMF. “The Station Fire Memorial Foundation is grateful for Washington Trust’s support and dedication to honoring our 100 Angels.”
ABOUT WASHINGTON TRUST® Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast’s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ: WASH). Additional information on Washington Trust and its subsidiaries can be found at www.washtrust.com.
Westerly, RI – The Washington Trust Company recently announced that Laura L. Davis, of South Kingstown, RI, has been named Senior Vice President, Lending Support Services for the mortgage team in Westerly, RI. In her position, Davis will oversee the operational areas that support the Bank’s mortgage and consumer loan origination efforts.
Davis has more than 30 years of mortgage and consumer lending experience, including in-house and consulting roles. She previously worked for GMAC Mortgage in West Hartford, CT, where she managed the Northeast Client Service Center, as well as for New Alliance Bank in CT, where she was Vice President of Retail Lending. Most recently, Davis served as Manager of the Banking Technology and Operations Advisory Group for PricewaterhouseCoopers’ consulting division in Boston, MA. She holds her Bachelor of Business Administration from North Texas State University.
Washington Trust offers a full-range of mortgage solutions, including fixed rate, adjustable rate, first time homebuyer, construction and reverse mortgages as well as home equity loans and lines of credit. Washington Trust’s team of experienced mortgage professionals is dedicated to helping borrowers through all stages of life, by providing customized, comprehensive financing and personalized services.
Westerly, RI - Washington Trust’s Commercial Real Estate Group recently provided $3.1 million to 2920 Berlin Turnpike, LLC, for the refinancing of a 14,490 square-foot Walgreens Pharmacy in Newington, Connecticut.
Newington is located in mid-central Connecticut, bordered by West Hartford, Farmington, New Britain and Hartford. The Pharmacy is situated on a 3.24-acre corner lot located at 2920 Berlin Turnpike. The building reflects the typical Walgreens prototype and includes a two-lane drive-thru pharmacy and on-site parking for 89 vehicles. Walgreens is the largest pharmacy chain in the United State, operating 8,173 drugstores with a presence in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
“The developers have strong experience in this type of retail asset,” said Julia Anne M. Slom, Senior Vice President & Team Leader of Washington Trust’s Commercial Real Estate Group. “It is well placed and an important amenity to the neighborhood. We are very pleased to have been able to provide a financing solution.”
2920 Berlin Turnpike, LLC is a Connecticut based limited liability company.
Washington Trust's Commercial Real Estate Group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate projects. Financing ranges in size from several hundred thousand dollars up to multi-million dollar projects. For more information, contact Timothy M. Pickering, Senior Vice President, Commercial Real Estate Group, at 401-348-1482 or 800-475-2265 ext. 1482.
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