Washington Trust Company

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.39%

Our Rating

3.6 / 5

Valley National Bank

High-Yield Savings Account Via Raisin

See Offer

Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.

Member FDIC

4.25%

Our Rating

3.7 / 5

Sallie Mae Bank

14 Month High-Yield CD Via Raisin

See Offer

Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.washtrust.com

401-348-1210

23 Broad Street
Westerly, RI 02891

Founded in 1800, Washington Trust is the largest independent bank in Rhode Island and the oldest community bank in the nation. A state-chartered bank, Washington Trust offers a full range of financial services, including business banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, southeastern Connecticut and Massachusetts

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	23623
Year Established	1800
Employees	618
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	-0.37%
Return on Equity - YTD	-5.28%
Annual Interest Income	$365.1MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$6.94B$7.2B
Loans	Q4 2024vs Q4 2023	$5.4B$5.63B
Deposits	Q4 2024vs Q4 2023	$5.12B$5.35B
Equity Capital	Q4 2024vs Q4 2023	$516.6MM$488.8MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$42MM$41.1MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$23.3MM$44.6MM
Real Estate Owned	Q4 2024vs Q4 2023	$0$683K

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.39%

Our Rating

3.6 / 5

Valley National Bank

High-Yield Savings Account Via Raisin

See Offer

Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.

Member FDIC

4.25%

Our Rating

3.7 / 5

Sallie Mae Bank

14 Month High-Yield CD Via Raisin

See Offer

Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Skip to rates for:

Savings
Checking
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Washington Trust Company; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Washington Trust Company Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%^*	$50k^*	-	High Rate Savings Special
OTHER TIERS: 2.35% → $0 - $2.5k \| 2.50% → $2.5k - $25k \| 2.60% → $25k - $50k
0.05%	$2.5k	-	Freedom Statement Savings
0.05%	$2.5k	-	Freedom Savings Club Account

Washington Trust Company Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$1.5k	-	Freedom Ultra Checking
0.05%	$1.5k	-	Freedom Plus Checking
0.01%	$5k	-	Freedom Checking
0.01%	$5k	-	Simply Free Checking

Washington Trust Company CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.30%	$0	-	5 Month CD Special w/ Checking Account
4.00%	$0	-	13 Month Flexible CD Special - New Money (in Branch)
3.75%	$0	-	13 Month CD Special - New Money
3.50%	$0	-	1 Year - 3 Year Choose your Term CD Special
3.00%	$0	-	91 Day - 1 Year Choose your Term CD Special

Locations

Availability

Providence Area

Providence Area bank & credit union details

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.