Glad to be your neighbor!
We’re thrilled to open our doors to the Cumberland
community with our new branch on Mendon Road. As America’s oldest community bank, we’ve been
serving the financial needs of Rhode Islanders for 222
years. No matter what’s on your financial to-do list, ask Washington
Trust. We’re ready with all kinds of ways to help you save, borrow, and plan
for the future.
We’d Love To Meet You!
Open any new Washington Trust personal checking account in person at our Cumberland branch before September 30th and you’ll also receive a $25 Dave’s Marketplace gift card.**
Cumberland Branch Special Offers
Stop By And Meet Our Team!
In the age of digital banking, sometimes the most important connection is a human one. That’s why our Cumberland team is nearby, ready to answer any financial questions you may have and help you find the accounts that are right for you. Of course, you can also bank with us online or through our mobile app. And feel free to contact our Cumberland team anytime.
Contact the Cumberland Team
Submit an online form below and one of our team members will get in touch with you.
†Or better depending on the home equity line amount. Properties must be located in Connecticut, Massachusetts, New Hampshire, or Rhode Island. All loans subject to credit and underwriting approval. Introductory Annual Percentage Rate (APR) of 2.75% is fixed for the first 12 months. After the introductory rate the APR is a variable rate and will be based on the Wall Street Journal’s Prime Rate which is 5.50% as of 07/28/2022. APR becomes Prime Rate minus .375% on lines of $250,000 - $1,000,000; Prime Rate minus .125% on lines of $100,000 - $249,999; Prime Rate plus .125% on lines of $25,000 - $99,999. Rates shown in effect as of 6/16/2022. Your APR will vary monthly if the Prime Rate changes but will not exceed 18.00% or be less than 2.75%. Account closure fee of $350 for lines up to $500,000 or $500 for lines over $500,000 will be assessed if the account is closed within the first three years. Best rate featured above requires line to be in first lien position; other rates apply to second lien position; a Washington Trust personal checking account is required at closing. $10,000 minimum initial draw to third party required. Annual fee of $50 due each year of the draw period beginning with the 13th billing cycle. Some home improvement projects may be subject to inspection fees and a satisfactory completion certificate. Subject to the recording fee of approximately $75 in RI and $100-$207 in CT, MA, and NH. Trust review fees of $250 may apply if property is held in a trust. Not intended for homes currently for sale or intended to be sold within 12 months of closing. Offer available for new lines only. Other restrictions may apply. Property insurance is required. Flood insurance where required by law. Single-family, owner-occupied primary residences or second homes only. Maximum loan-to-value of 80% up to $500,000. Offer available for a limited time only and may be withdrawn at any time. Consult your tax advisor regarding the deductibility of interest.
††One entry per person. All entries must be received by September 15, 2022. Official rules available in branch or at washtrust.com/Cumberland. Prize is subject to 1099 reporting. Please consult your tax advisor with questions.
*Annual Percentage Yield (APY) effective as of May 3, 2022, and may vary after account opening. Freedom Checking: under $5,000 APY is 0.00%, $5,000 and over is 0.01%. Customer must open a new Freedom consumer checking account with funds from sources other than Washington Trust. Two direct deposits from payroll, social security, pension, or other government benefits are required within 90 calendar days of the account opening date. Deposits from PayPal®, Venmo®, and Zelle® do not qualify. After the second direct deposit has been credited to your account, Washington Trust will make a $200.00 deposit within 10 calendar days. For additional information, please refer to the Consumer Terms and
Conditions of your account. Minimum balance to open account is $50. Limited to one cash deposit bonus per tax reported owner per account. Not available to customers who received a cash deposit bonus on a previous Washington Trust account within the last two years of account opening date. Offer is for a limited time and may be withdrawn at any time. Subject to 1099 reporting. Fees may reduce earnings.
**Offer available at our Cumberland, RI branch only through September 30, 2022. One gift card per person per account. Offer available to account tax owner only. Offer available for new Washington Trust checking accounts opened with non-Washington Trust funds only. Gift card is subject to 1099 reporting. Please consult your tax advisor with questions.
***Annual Percentage Yield (APY) is effective as of 5/24/2022. Offers available for new accounts opened with funds from sources other than Washington Trust. Offer is for a limited time only and may be withdrawn at any time. No municipal or government funds, consumer accounts only. Minimum balance to open account is $500.00. Minimum balance to earn stated APY is $.01. Washington Trust checking account required, with a minimum balance of $2500.00 at the time the Certificate of Deposit (CD) is opened. CD withdrawals before maturity date will reduce the APY earned and early withdrawal penalties will be imposed. Fees may reduce earnings. CDs feature a one-time bump-up option to the 24 month standard Washington Trust CD rate in effect on the day the bump-up option is exercised, and will be in place the remainder of the initial term.