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Washington Trust Newsroom

Washington Trust Announces Employee Compensation Enhancements

January 16, 2018 -Washington Trust Bancorp, Inc., parent of The Washington Trust Company, today announced that as a result of the anticipated reduction in corporate taxes from the Tax Cuts and Jobs Act, the Corporation will invest in its employees with special compensation enhancements implemented in January 2018.

Washington Trust Executives Assume New Leadership Roles

January 31, 2018 - Washington Trust Bancorp, Inc., today announced that Ronald S. Ohsberg has assumed the role of Chief Financial Officer of the Corporation and the Bank, effective immediately with the previously announced retirement of David V. Devault, who served as Washington Trust’s Vice Chair, Secretary and Chief Financial Officer.

Washington Trust Provides $16.5 Million in Financing for SoNo Pearl Luxury Apartment Building in Norwalk, CT

December 13, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $16.5 million to TR Washington, LLC, for the refinancing of a luxury multifamily apartment building in Norwalk, Connecticut.

Washington Trust Provides $9.8 Million in Financing for Retail Portfolio in New Haven, CT

December 7, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $9.8 million in financing to Route 34 Phase I, LLC, for the refinancing of a recently constructed Rite Aid Pharmacy and the completion of a 10,000 square-foot retail building in downtown New Haven, Connecticut.
Washington Trust Provides $23.6 Million in Financing for  Mixed-Use Redevelopment of Pontiac Mill in Warwick, RI

Washington Trust Provides $23.6 Million in Financing for Mixed-Use Redevelopment of Pontiac Mill in Warwick, RI

November 30, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $23.626 million in financing to Union Mill, LLC, for the mixed-use redevelopment of Pontiac Mill in Warwick, Rhode Island.
Washington Trust Holds Ribbon Cutting for Newest Branch in Coventry, RI

Washington Trust Holds Ribbon Cutting for Newest Branch in Coventry, RI

November 9, 2017 - This morning, Washington Trust held a ribbon-cutting ceremony to commemorate the opening of its 22nd branch, located at 732 Tiogue Avenue in Coventry, Rhode Island.
Washington Trust Provides $22.5 Million in Financing  for Office and Flex Portfolio in Newton, MA

Washington Trust Provides $22.5 Million in Financing for Office and Flex Portfolio in Newton, MA

November 8, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $22.5 million in financing to Chapel Business Partners, LLC, and SDC Watertown Partners, LLC, for the refinancing of an office and flex portfolio in Newton, Massachusetts. The portfolio is comprised on a 78,187 square-foot office building at 59-85 Chapel Street, a 32,000 square-foot flex/office building at 85 School Street and an 11,300 square-foot flex/office building at 165 Dexter Street.
Washington Trust Hires Robin Hathaway as Community Relationship Officer

Washington Trust Hires Robin Hathaway as Community Relationship Officer

October 26, 2017 - The Washington Trust Company announced that Robin L. Hathaway, of Cranston, Rhode Island, has been hired as Community Relationship Officer, Retail Lending.
Washington Trust Hires Joseph Panniello as Mortgage Loan Officer

Washington Trust Hires Joseph Panniello as Mortgage Loan Officer

October 5, 2017 - The Washington Trust Company announced that Joseph G. Panniello, of Belmont, Massachusetts, has been hired as a Mortgage Loan Officer for the Washington Trust Mortgage Company in the Newton/Wellesley area of Massachusetts.

Washington Trust Announces Senior Management Promotions

September 29, 2017 - The Washington Trust Company today announced the following promotions:

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