Washington Trust Bancorp Inc. Plans to Open the New Johnston, Rhode Island Branch Early in the Second Quarter
January 29, 2014 at 08:30 am EST
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Washington Trust Bancorp Inc. planned to generate future deposit growth includes the opening of the new Johnston, Rhode Island branch; that is scheduled to open early in the second quarter.
Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities; deposit generation; cash management activities; banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management; holistic financial planning services; personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedentsâ estates; and institutional trust services, including custody and fiduciary services.