A pillar of strength for more than 222 years
Washington Trust has a proven history of operating in a variety of credit and interest rate cycles and successfully weathering both good and bad economic times since 1800 – and we are here for you now. Consider these important facts about our company:
- We are the nation’s oldest community bank and remain committed to helping local depositors, borrowers, and investors through our offices in Rhode Island, Massachusetts and Connecticut
- We are well-capitalized, with capital levels in excess of regulatory requirements
- We have strong liquidity, with various funding sources and liquidity contingency plans in place
- We have a diversified business model and are not concentrated or dependent on any one segment
- We have a disciplined approach to credit and our asset quality remains strong
Washington Trust is a member of the FDIC and we work with our customers to ensure they receive the maximum level of protection for their accounts. In addition to our FDIC-insured products, we offer several other programs for customers whose deposits exceed FDIC insurance limits, to ensure those customers have adequate insurance on their deposits.
We are confident in the strength and stability of the banking industry and applaud the regulators’ efforts to assist those affected by recent industry events. Above all, we are ready, willing, and able to help our customers through these challenging economic times. If you have any questions, please call us at 800-475-2265 or contact us.
Here are a few quick answers to some common questions.
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