The Washington Trust Company Announces Intent to Open New Branch in Cumberland, RI
October 13, 2021 at 09:30 am EDT
Share
The Washington Trust Company announced its intent to open a new, standalone branch at 1900 Mendon Road in Cumberland, RI after the town planning board recently granted preliminary approval of the plan. The branch will measure approximately 2,300 square feet. In addition to lobby banking services, the branch will have one drive-up lane for banking and ATM services, an afterhours deposit drop for businesses, safe deposit boxes, and a walk-up ATM. Upon the opening of the Cumberland location, Washington Trust will have a total of 24 branches throughout Rhode Island, as well as one in Mystic, Connecticut.
Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities; deposit generation; cash management activities; banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management; holistic financial planning services; personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedentsâ estates; and institutional trust services, including custody and fiduciary services.
WASHINGTON TRUST BANCORP, INC. 
