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• Washington Trust Donates $100,000 To Westerly Higher Education and Job Skills Center

  

  March 22, 2017

  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.

  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/.

  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.

• Washington Trust Supports University Orthopedics in Recent Opening of Surgery Center in East Providence, RI

  

  Bank provided commercial financing for the state of the art new facility at Kettle Point

  August 3, 2018

  East Providence, RI– University Orthopedics, a regional center for orthopedic and rehabilitation care, recently opened a new, 90,000 square-foot, state-of-the-art medical office and surgery center in East Providence, Rhode Island. Washington Trust provided commercial financing for the new facility, which is the first commercial project within the Kettle Point redevelopment project in East Providence.

  “Washington Trust has been a true partner, supporting the practice and the physicians, and helping us realize our vision from start to finish,” said Weber Shill, MBA, Chief Executive Officer of University Orthopedics. “Our new surgery center will be of tremendous benefit to our patients and the greater Rhode Island community.”

  The new facility is built around University Orthopedics’ focus on the patient experience, with each suite designed to reflect the particular needs of the orthopedic specialty it serves. Featuring Smart Building Technology, the new facility integrates high level design and on-site amenities, and includes an Ambulatory Surgical Center, state-of-the-art diagnostic imaging and physical therapy/rehabilitation facilities.

  “University Orthopedics is one of the most respected names in the Rhode Island medical community,” said Joseph M. Confessore, Senior Vice President & Team Leader, Washington Trust Commercial Banking Group. “We are thrilled to support their growth and innovation and look forward to continuing our relationship as the company continues to expand.”

  University Orthopedics is a regional referral center for patients with back and neck pain, joint pain, sports medicine problems, shoulder pain, hand problems, hip and knee pain, and foot and ankle injuries. In addition, University Orthopedics acts as the head of the Department of Orthopedics at Brown Alpert Medical School, directing clinical research efforts intended to innovate new orthopedic surgery techniques, new surgical implant devices and new ways to prevent orthopedic injury.

  Washington Trust’s commercial banking group offers a full line of commercial, industrial and real estate lending and cash management services to leading companies, real estate developers, not-for-profits and municipalities throughout the Northeast. For more information, contact Joseph M. Confessore, Senior Vice President & Team Leader, Washington Trust Commercial Banking Group, at 401-348-1439.

  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/.

• Washington Trust Expands Wealth Management Team in Providence, Rhode Island and Wellesley, Massachusetts

  

  Washington Trust is pleased to announce the expansion of its Wealth Management team in Rhode Island and Massachusetts, with Kimberly McCarthy, Esq., Howard Cowan, CFP®, Daniel LeBeau, Eileen Straughn, and Suzanne Vargas, CTFA, joining the Rhode Island offices of Washington Trust Wealth Management and Nicholas Rossi, APMA®, CRPC®, joining the Wellesley, MA office of Washington Trust Wealth Management through Weston Financial Group.

  Howard S. Cowan, CFP® is Vice President, Wealth Management Officer for Washington Trust Wealth Management, responsible for the administration of various types of accounts such as trusts, IRA’s, agency and custody, as well as all aspects of client relationship management in coordination with Washington Trust planning officers and portfolio managers. He joins Washington Trust from Kaplan Financial Services, where he was a Client Service Associate. Prior to that, he served as a Vice President at Fiduciary Trust Company in Boston for more than 25 years, where he was responsible for helping individuals and families manage their wealth and achieve their financial goals. He also acted as a Relationship Manager, providing trust administration and custody services to private trustees, family offices and registered investment advisors. Cowan holds his bachelor’s degree in finance from Northeastern University. He is a Certified Financial Planner® and has been a member of the Financial Planning Association of Massachusetts since 2007. Cowan has led and participated in corporate volunteer events through the United Way of Massachusetts Bay since 1997. He works out of the Providence, RI and Wellesley, MA offices of Washington Trust Wealth Management, and lives in Walpole, MA.

  Daniel E. LeBeau is Vice President, Senior Investment Research Analyst for Washington Trust Wealth Management, responsible for research activities related to all non-proprietary investment solutions, including mutual funds, ETFs, SMAs, 529 plans, and variable annuities. He joins Washington Trust from NEPC, LLC, where he served as an Investment Consultant for more than ten years. LeBeau holds a bachelor’s degree in finance from the University of Rhode Island. He recently relocated from California to Charlestown, RI and looks forward to getting involved with the organizations he volunteered with in CA, notably Wounded Warriors and Habitat for Humanity. LeBeau works out of the Providence, RI office of Washington Trust Wealth Management.

  Kimberly I. McCarthy, Esq. is Vice President, Chief Wealth Management Tax & Benefits Officer for Washington Trust Wealth Management, and leads the tax, ERISA, and employee benefits compliance efforts for the division. She joins Washington Trust with nearly 25 years of experience in employee benefits, tax, nonprofit, and regulatory compliance, most recently spending 20 years at Partridge Snow & Hahn, where she had been a partner at the firm since January 2000, and had created and led the firm’s ERISA, Employee Benefit, Nonprofit, and Tax practice groups. McCarthy was a member of the inaugural class of the Providence Business News 40 under 40, and was named Tax Attorney of the Year for 2018 by Best Lawyers. She holds a bachelor’s degree from Brown University (magna cum laude), a J.D. from Boston College Law School (magna cum laude), and her L.L.M. in taxation from Boston University Law School. McCarthy is involved with many nonprofit and community organizations, including as a director and past Chairman of Children’s Friend & Service, a Trustee for the Cumberland Public Library, and Chairman of the Parish Council for St. John Vianney Parish. She works out of the Providence, RI office of Washington Trust Wealth Management, and lives in Cumberland, RI.

  Nicholas T. Rossi, APMA®, CRPC® is Assistant Vice President, Associate Counselor for Washington Trust Wealth Management’s Wellesley, MA office through Weston Financial Group. He has been working in wealth management since 2012. Rossi is an Accredited Portfolio Management Advisor®, a designation he acquired to expand his expertise in analyzing investment policy statements, building portfolios, and making asset allocation decisions within a client portfolio. He also achieved his Chartered Retirement Planning Counselor® designation, which uses techniques derived from real client experience to focus on pre-and post-retirement needs, asset management, estate planning, and the entire retirement planning process. Rossi graduated from St. Anselm College in New Hampshire with a bachelor’s degree in business and a minor in accounting. At Saint Anselm, he was a member of their varsity Hockey team and donated much of his time to charitable work. Rossi lives in Pawtucket, RI.

  Eileen A. Straughn is Senior Vice President of Business Support and Strategy for The Washington Trust Company, responsible for business development as well as operations, business support, and project management for Washington Trust Wealth Management, including financial reporting and budgeting; divisional growth strategies; product development and actions; and personnel management. She has more than 35 years of banking and wealth management experience, with a strong track record of leadership in strategic business planning and change and performance management. Straughn joined Washington Trust from US Trust, where she most recently served as Senior Vice President of Business Support. She holds her bachelor’s degree in business administration from Boston College, with minors in finance and marketing, and is actively involved in her community, having devoted most of her volunteer time to TOPS, Inc., the Exeter/West Greenwich Association of Parents and Teachers, the Muscular Dystrophy Association, and Habitat for Humanity. Eileen works out of the Westerly, RI office of Washington Trust Wealth Management, and lives in West Greenwich, RI.

  Suzanne M. Vargas, CTFA is Vice President, Senior Wealth Management Officer with Washington Trust Wealth Management, responsible for trust account administration including all aspects of client relationship management in coordination with Washington Trust planning officers and portfolio managers. She brings a strong fiduciary background and a wealth of experience in relationship management, trust administration, and estate settlement, joining Washington Trust from Rockland Trust Company, where she was Senior Relationship Manager for more than 15 years. Prior to that, she was with Fleet’s Private Clients Group in Providence for almost 12 years. Vargas holds her bachelor’s degree in accounting from Rhode Island College and earned her Certified Trust and Financial Advisor (CTFA) designation from the American Bankers Association. She serves as the President of the board for Community Health Care Systems in Attleboro, Massachusetts. Suzanne works out of the Providence, RI office of Washington Trust Wealth Management, and lives in Rehoboth, MA.<

• Washington Trust Hires Santos as Assistant Vice President, Branch Manager for Newest Branch on the East Side of Providence, RI

  

  January 13, 2016

  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.

• Washington Trust Holds Ribbon Cutting for Newest Branch on the East Side of Providence, RI

  February 4, 2016

  Providence Mayor Jorge Elorza and RI Lt. Governor Daniel McKee in attendance

  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.

  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.

• Washington Trust Supports Station Fire Memorial Foundation’s Memorial Park Campaign With $50,000 Donation

  

  May 17, 2017

  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.