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    Washington Trust Bancorp Inc. (WASH)

    37.73 Up 0.14(0.37%) Apr 24, 4:00PM EDT
    |After Hours : 37.73 0.00 (0.00%) Apr 24, 4:00PM EDT
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    Washington Trust Bancorp Inc.
    23 Broad Street
    Westerly, RI 02891
    United States - Map
    Phone: 401-348-1200
    Website: http://www.washtrust.com

    Index Membership:N/A
    Industry:Regional - Northeast Banks
    Full Time Employees:561

    Business Summary 

    Washington Trust Bancorp, Inc. operates as the holding company for The Washington Trust Company that offers various banking and financial products and services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment offers deposit accounts, including interest-bearing checking, noninterest-bearing checking, savings, money market, and retirement deposit accounts; and certificates of deposit, as well as debit cards, ATMs, telephone banking, Internet banking, mobile banking, remote deposit capture, cash management, and merchant credit card processing services. This segment also provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages, and construction and development loans; commercial and industrial loans; residential real estate loans; and consumer loans comprising home equity lines and home equity loans, personal installment loans, and loans to individuals secured by general aviation aircraft and automobiles. The Wealth Management Services segment provides investment management; financial planning; personal trust services, including services as trustee, administrator, custodian, and guardian; and estate settlement, as well as institutional trust services, such as custody and fiduciary services. This segment serves personal and institutional clients, and mutual funds. The company also operates as a licensed broker-dealer that markets investment programs, including mutual funds and variable annuities. As of December 31, 2014, it had 10 branch offices located in southern Rhode Island; 8 branch offices located in the greater Providence area in Rhode Island; and a branch office located in southeastern Connecticut. The company was founded in 1800 and is headquartered in Westerly, Rhode Island.

    Key Statistics

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    Corporate Governance 
    Washington Trust Bancorp Inc.’s ISS Governance QuickScore as of Apr 1, 2015 is 6. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 10; Compensation: 2.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Joseph J. MarcAurele , 64
    Chairman, Chief Exec. Officer, Member of Exec. Committee, Chairman of Washington Trust Company and Chief Exec. Officer of Washington Trust Company
    Mr. Edward O. Handy III, 53
    Pres, Chief Operating Officer, Pres of Washington Trust Companyand Chief Operating Officer of Washington Trust Company
    Mr. David V. Devault , 60
    Vice Chairman, Chief Financial Officer, Sec., Vice Chair of Washington Trust Company, Chief Financial Officer of Washington Trust Company and Sec. of Washington Trust Company
    Mr. Mark K. W. Gim , 49
    Exec. VP of Wealth Management, Treasurer, Exec. VP of Wealth Management - Washington Trust Company and Treasurer of Washington Trust Company
    Mr. James M. Hagerty , 57
    Chief Lending Officer of Washington Trust Company and Exec. VP of Washington Trust Company
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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