Washington Trust Bank | |
Former Name: | Washington Trust Company (1902-1951) |
Type: | Private |
Foundation: | in Spokane, Washington, U.S. |
Founders: | J. Grier Long Martin B. Connelly R.L.Webster |
Location: | 717 W Sprague Ave |
Hq Location City: | Spokane Washington |
Hq Location Country: | U.S. |
Key People: | Peter Q. Stanton (Executive Chairman) John E. (Jack) Heath, III (CEO) Kevin Blair (President) Jim Branson (COO) |
Num Employees: | 1,021 |
Products: | Personal Banking, Commercial Banking, Private Banking, Home Loans, Wealth Management, Wealth Advisory, Investment Services, Trust Services |
Homepage: | watrust.com |
Washington Trust Bank is an American diversified financial services 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.[1] As of December 2014, the bank had assets in excess of $4.77 billion.[2]
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.[3] [4]
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.[5] Washington Trust also expanded to the Puget Sound area, opening offices in Seattle in 2000 and in Bellevue in 2004.[6]
Services offered by the bank include personal and commercial banking, home loans, private banking, wealth management and advisory services, trust services and investment services.[7] Washington Trust has ranked first in deposits in Spokane County since 2009.[8]