Forbes Names Washington Trust Rhode Island's "Best-In-State Bank" For Fourth Consecutive Year

Core Insights - Washington Trust has been recognized as one of America's Best-In-State Banks for 2024 by Forbes, marking the fourth consecutive year the bank has received this accolade [1][4]. Company Overview - Founded in 1800, Washington Trust is the oldest community bank in the United States and the largest state-chartered bank headquartered in Rhode Island [3]. - The bank offers a comprehensive range of financial services, including commercial banking, mortgage banking, personal banking, and wealth management, across Rhode Island, Connecticut, and Massachusetts [3]. - Washington Trust is a member of the FDIC and operates as a subsidiary of Washington Trust Bancorp, Inc., which is publicly traded on NASDAQ under the ticker symbol WASH [3]. Recognition and Awards - The Forbes list is based on an independent survey conducted in partnership with Statista Inc., which evaluated customer satisfaction, willingness to recommend, and various service criteria [2]. - Washington Trust achieved the highest combined score in Rhode Island, reflecting its commitment to meeting the financial needs of the local community [4][5].