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
Overall | |
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FDIC Certificate # | 23623 |
Year Established | 1800 |
Employees | 635 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.63% |
Return on Equity - YTD | 9.31% |
Annual Interest Income | $184.3MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $7.19B$7.01B |
Loans | Q2 2024vs Q2 2023 | $5.61B$5.36B |
Deposits | Q2 2024vs Q2 2023 | $4.98B$5.33B |
Equity Capital | Q2 2024vs Q2 2023 | $487.1MM$464.7MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $42.4MM$39.3MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $30.5MM$10.4MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $683K$683K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
4.25%* | $25k* | - | Online High Rate Savings Special - New Money | ||
OTHER TIERS: 3.00% → $0 - $25k | |||||
0.05% | $2.5k | - | Freedom Statement Savings | ||
0.05% | $2.5k | - | Freedom Savings Club Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
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 |