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 | 648 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.79% |
Return on Equity - YTD | 11.45% |
Annual Interest Income | $74.0MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $6.86B$5.85B |
Loans | Q1 2023vs Q1 2022 | $5.20B$4.26B |
Deposits | Q1 2023vs Q1 2022 | $5.28B$5.14B |
Equity Capital | Q1 2023vs Q1 2022 | $469.9MM$522.5MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $38.8MM$39.2MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $14.0MM$12.6MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $683.00K$0 |
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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 | |
---|---|---|---|---|---|
3.00%* | - | $25k | Online High Rate Savings Special - New Money | ||
OTHER TIERS: 0.05% → $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% | $2.5k | - | Personal Money Market 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 |