Washington Trust Bank
American commercial bank
From Wikipedia, the free encyclopedia
Washington Trust Bank is an American commercial bank headquartered in Spokane, Washington and is a subsidiary of W.T.B. Financial Corporation.[1][2][3] It has more than 40 financial centers and offices in Washington, Idaho and Oregon with over 1,000 employees.[4] As of December 2014, the bank had assets in excess of $4.77 billion.[5]
Martin B. Connelly
R.L.Webster
| |
.jpg) Washington Trust Bank office building in Spokane, Washington | |
| Formerly | Washington Trust Company (1902-1951) |
|---|---|
| Company type | Subsidiary |
| Founded | 1902 in Spokane, Washington, U.S. |
| Founders | J. Grier Long Martin B. Connelly R.L.Webster |
| Headquarters | 717 W Sprague Ave, Spokane Washington , U.S. |
Key people | Peter Q. Stanton (Executive Chairman) John E. (Jack) Heath, III (CEO) Kevin Blair (President) Jim Branson (COO) |
| Products | Personal Banking, Commercial Banking, Private Banking, Home Loans, Wealth Management, Wealth Advisory, Investment Services, Trust Services |
Number of employees | 1,021 |
| Parent | W.T.B. Financial Corporation |
| Website | www |
Background
Washington Trust opened in 1902 as The Washington Trust Company. Current Executive Chairman Peter F. Stanton is the fourth generation of the Stanton family to lead the bank.[6][7]
The bank operates offices throughout Washington, Oregon and Idaho. The first branches in Idaho opened in 1989, while the first branch in Portland opened in 2004.[4] Washington Trust also expanded to the Puget Sound region, opening offices in Seattle in 2000 and in Bellevue in 2004.[7]
W.T.B. Financial Corporation parent company of Washington Trust Bank went public on the OTC Markets in 2001, under the Ticker symbols WTBFA (Class A voting shares) and WTBFB (Class B non-voting shares).[1][2]
Services
Services offered by the bank include personal and commercial banking, home loans, private banking, wealth management and advisory services, trust services and investment services.[8] Washington Trust has ranked first in deposits in Spokane County since 2009.[9]