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 | 618 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.74% |
Return on Equity - YTD | 9.55% |
Annual Interest Income | $83.7MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $6.59B$7.25B |
Loans | Q1 2025vs Q1 2024 | $5.08B$5.67B |
Deposits | Q1 2025vs Q1 2024 | $5.04B$5.35B |
Equity Capital | Q1 2025vs Q1 2024 | $538.1MM$482.9MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $41.1MM$41.9MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $21.7MM$30.7MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$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 |
---|---|---|---|---|
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 |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.75% | $0 | - | 11-Month Add-On IRA - New Money |