Washington Trust Bank is an American diversified
financial services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...
holding company headquartered in
Spokane, Washington. It is the oldest and largest privately held
commercial bank in the
Pacific Northwest, and has more than 40 financial centers and offices in
Washington,
Idaho and
Oregon with over 1,000 employees. As of December 2014, the bank had assets in excess of $4.77 billion.
Background
Washington Trust opened in 1902 as The Washington Trust Company. Current CEO Peter F. Stanton is the fourth generation of the Stanton family to lead the bank.
The bank operates offices throughout Washington, Oregon and Idaho. The first branches in Idaho opened in 1989, while the first branch in
Portland
Portland most commonly refers to:
* Portland, Oregon, the largest city in the state of Oregon, in the Pacific Northwest region of the United States
* Portland, Maine, the largest city in the state of Maine, in the New England region of the northeas ...
opened in 2004. Washington Trust also expanded to the
Puget Sound area, opening offices in
Seattle in 2000 and in
Bellevue in 2004.
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. Washington Trust has ranked first in deposits in
Spokane County since 2009.
References
{{reflist
Banks based in Washington (state)
Companies based in Spokane, Washington
1902 establishments in Washington (state)
Banks established in 1902