Company News

Washington Trust finances bulkhead replacement at Snug Harbor Marina

November 12, 2026

WESTERLY, R.I. – The Washington Trust Company (Washington Trust) has provided financing for a bulkhead replacement project at Snug Harbor Marina, a longtime fixture of the Snug Harbor waterfront in East Matunuck and popular destination for Rhode Island's boating and fishing community.

Owned and operated by Al and Patricia Conti and their family for more than 45 years, Snug Harbor Marina is replacing the bulkhead to protect its shoreside property from erosion, storm damage and the daily effects of marine activity.  The project also includes rebuilding the main dock, which serves the marine gas and diesel fueling station and provides access to all other marina services.

Snug Harbor Marina sign in front of property.

Located on Point Judith Pond in the East Matunuck section of South Kingstown, Snug Harbor Marina serves past and future recreational and commercial boaters, charter fishing customers, and visitors from across the region. 

“We thank Washington Trust and their staff for making the financing process professional, accommodating and timely,” said the Conti family.

ABOUT THE WASHINGTON TRUST COMPANY

Founded in 1800, Washington Trust is recognized as the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast's premier financial services companies. In 2025, Washington Trust reached a milestone of 225 years in operation, marking its commitment to helping the people, businesses, and organizations of New England improve their financial lives. The Bank offers a wide range of commercial banking, mortgage banking, personal banking and wealth management services through its offices in Rhode Island, Connecticut and Massachusetts and a full suite of convenient digital tools. Washington Trust is a member of the FDIC and an equal housing lender. Washington Trust is a subsidiary of Washington Trust Bancorp, Inc., a publicly-owned holding company which trades on NASDAQ: WASH. For more information, visit the Bank's website at www.washtrust.com or the Corporation's website at ir.washtrust.com.

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