Washington Trust Opens Third Cranston Branch

WESTERLY, RI – (September 18, 2012) Washington Trust recently celebrated the opening of its 17^th Rhode Island branch with a ribbon cutting ceremony. Cranston Mayor Allan Fung joined local businesses leaders, community members, neighbors, and Washington Trust officials to celebrate the Bank’s new Plainfield Pike branch, located at 2174 Plainfield Pike in Cranston.

“We’ve had tremendous success at our Oaklawn and Reservoir Avenue branches in Cranston, so we’re thrilled to expand once again in the City,” said Joseph J. MarcAurele, Washington Trust Chairman, President and CEO. “As the largest bank headquartered in Rhode Island, we are dedicated to the businesses and people in Rhode Island, and especially the communities in which we live and work.”

“It is a pleasure to welcome Washington Trust’s third branch to our City,” said Cranston Mayor Allan Fung. “Washington Trust is a terrific neighbor and corporate citizen, as they are known for both stellar customer service and community involvement.”

Washington Trust’s new Cranston location is a full service branch, offering a wide range of financial services for consumers, businesses and investors, including checking, savings and retirement accounts, as well as mortgage, commercial and small business loans. The 3,600 square foot branch features the latest conveniences and technology to meet the banking needs of local depositors, homeowners, businesses, and borrowers.  The interior of the full-service branch features four teller stations, two customer service areas, management offices, a safe deposit box vault and a walk-up ATM.  Exterior conveniences include two-lane drive up banking lanes, a night deposit safe and a drive-up ATM.

The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $3.0 billion corporation headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island. 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, 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.

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