Washington Trust Bancorp Opens New Branch in Pawtucket, Strengthening Rhode Island Presence

Washington Trust Expands Footprint in Rhode Island with New Branch Opening in Pawtucket

Washington Trust Bancorp, the oldest community bank in the United States, is poised to strengthen its footprint in Rhode Island with the opening of a new full-service retail branch in Pawtucket. Scheduled for launch in fall 2026, this will mark the bank's 29th branch and aims to enhance accessibility to financial services in one of the state's rapidly growing regions. Strategically situated at 433 Broadway, less than a quarter mile from Interstate 95 and adjacent to a RIPTA bus stop, the new branch is designed to cater to the diverse needs of the local community.

The Pawtucket branch will provide a comprehensive suite of financial solutions, including deposit products, mortgage and home equity loans, business banking, and wealth management services. This expansion aligns with Washington Trust's longstanding commitment to support local economies and address the evolving needs of its customers. The decision to open in Pawtucket coincides with the city’s ongoing revitalization efforts, as historic mills are being redeveloped into residential spaces, reflecting the bank’s dedication to progress and community development since its inception in 1800.

As Washington Trust approaches its 250th anniversary in 2026, the new branch underscores its enduring investment in the communities it serves. Edward O. "Ned" Handy, Chairman and CEO of Washington Trust, expresses enthusiasm about the new location, highlighting the convenience it will offer to customers seeking in-person banking services. With a history of over two centuries, Washington Trust remains focused on enhancing the financial well-being of individuals and businesses across New England, leveraging both traditional banking services and modern digital tools.

In addition to the new branch, Washington Trust continues to celebrate its legacy of service and community engagement, having marked its 225th anniversary in 2025. The bank’s commitment to providing high-quality financial services is further reinforced by its status as a member of the FDIC and an equal housing lender. As Washington Trust expands its reach, it remains dedicated to fostering strong relationships with customers and supporting the local economies in which it operates. For more information on its services and future developments, visit washtrust.com.