Washington Trust Plans to Open Branch in Johnston, Rhode Island

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Washington Trust Plans to Open Branch in Johnston, Rhode Island

RI's Largest Independent Bank Continues Expansion in Ocean State

WESTERLY, R.I.--(BUSINESS WIRE)-- Washington Trust, the largest independent bank headquartered in Rhode Island, today announced plans to open its first branch in Johnston, Rhode Island, to be located at 1383 Atwood Avenue, the former site of Ribs & Company. Washington Trust's 19th branch office is scheduled to open in the first quarter of 2014.

"Washington Trust has a 213 year history of serving Rhode Islanders and providing quality banking services," said Joseph J. MarcAurele, Washington Trust Chairman, President and Chief Executive Officer. "We are thrilled to offer our banking services to residents and businesses in the Johnston community."

Washington Trust's new 5,400 square foot Johnston branch will feature four teller stations; three customer service areas and a walk-up ATM. Other banking conveniences include two drive-up banking lanes, night deposit services for small business customers and a drive-up ATM.

Founded in 1800, The Washington Trust Company is the oldest community bank in the nation and a subsidiary of Washington Trust Bancorp, Inc., a $3.1 billion corporation headquartered in Westerly, Rhode Island. A state-chartered bank, Washington Trust offers a full range of financial services, including commercial banking, small business banking, personal banking, and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Corporation's common stock trades on The NASDAQ Global Select® Stock Market under the symbol WASH. Web site address: www.washtrust.com.

Washington Trust
Elizabeth B. Eckel, 401-348-1309
Senior Vice President, Marketing

KEYWORDS:   United States  North America  Rhode Island


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