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Washington Trust Newsroom

Washington Trust Provides $15.4 Million in Commercial Financing for Acquisition of Office Building in Norwood, MA

Washington Trust’s Commercial Real Estate Group provided $15.4 million to a Massachusetts based developer for the acquisition of a 130,000 square-foot office building in Norwood, Massachusetts. Located at the intersection of Route 1 and University Avenue in Norwood, the property includes 24 acres of land across three continuous parcels. The building, constructed in 1980, spans the property and contains 132,457 square-feet of office space as well as an onsite café and gym.

Washington Trust Presents 2019 Team Leadership Award

On Thursday, November 28th, The Washington Trust Company presented the 2019 “Washington Trust Team Leadership Award” to Antonio Reale of Stonington High School and Rocco Cillino of Westerly High School as part of the annual Westerly High School vs. Stonington High School Thanksgiving Day football game. The annual “Washington Trust Team Leadership Award” celebrates those students who are dedicated to their teammates, continually possess and maintain a positive attitude, and exhibit team spirit. Reale and Cillino were selected by their coaches for serving as positive role models, loyal sportsmen, and leaders on their respective teams and in their community.
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Washington Trust Helps Fight Hunger in Southern New England

Each year during the holiday season, The Washington Trust Charitable Foundation presents $500 checks to food pantries located across the Southern New England communities in which the bank serves. This year, 19 checks were distributed, totaling $9,500 in donations.
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Washington Trust Promotes Daniel Orovitz to Vice President of the Bank’s Cash Management Division

The Washington Trust Company is pleased to announce that Daniel Orovitz has been promoted to Vice President for the Company’s Cash Management division. In his new role, Orovitz will focus on business development and help business customers achieve efficiencies in receivables, payables and treasury management. Washington Trust’s Cash Management division also provides fraud protection services to help minimize risk to organizations and safeguard accounts against potential fraud.
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American Banker Names Washington Trust One of the Nation’s Best Banks to Work For

The Washington Trust Company was recently named one of the nation’s Best Banks to Work For by American Banker magazine as part of its annual list organized by the Best Companies Group.
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Washington Trust Provides Commercial Financing for Construction of Dollar General Retail Stores in Salem and Willington, CT

Washington Trust’s Commercial Real Estate Group recently provided financing for the construction of Dollar General Stores in Salem and Willington, Connecticut.
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Washington Trust Hires Private Client Advisor in Greater Boston Market

The Washington Trust Company is pleased to announce that Alexander Olson has joined the Company’s Wealth Management Division as a Private Client Advisor.
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Washington Trust Provides $11.8 Million in Commercial Financing for Construction of 72-Unit Apartment Complex in Waterford, CT

Washington Trust’s Commercial Real Estate Group recently provided $11.8 million to Waterford Parc, LLC, for the construction of a 72-unit apartment complex in Waterford, Connecticut.
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Washington Trust To Host Free Community Shred Day at Various Locations Across Rhode Island This October

The Washington Trust Company will hold its second FREE Community Shred Day of 2019 at six locations across Rhode Island from 10 a.m. to 1 p.m. on Saturday, October 26, 2019.
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Washington Trust Provides $30 Million to Benchmark for Its Popular New Pond Village Community in Walpole, MA

Washington Trust’s Commercial Banking Group recently provided $30 million to Benchmark Senior Living for the refinancing of its New Pond Village continuing care community in Walpole, Massachusetts.

Media Inquiries Contact
Elizabeth B. Eckel
SVP, Chief Marketing & Corporate Communications Officer
23 Broad Street
Westerly, RI 02891
(401) 348-1309


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