Washington Trust Bancorp Opens New Branch in Pawtucket to Strengthen Community Presence

Washington Trust Bancorp Expands Community Presence with New Pawtucket Branch

Washington Trust Bancorp, the oldest community bank in the United States and the largest state-chartered bank based in Rhode Island, announces plans to open a new full-service retail branch at 433 Broadway in Pawtucket by fall 2026. This new location marks the bank's 29th branch and is part of a broader strategy to strengthen its foothold in northern Rhode Island, particularly in one of the state's rapidly growing communities. The branch will be strategically positioned within a quarter-mile of Interstate 95 and adjacent to a prominent RIPTA bus stop, ensuring accessibility for both existing and potential customers.

The Pawtucket branch is designed to offer a comprehensive range of financial services, including deposit products, mortgage and home equity loans, business banking services, and wealth management solutions. This initiative reflects Washington Trust's commitment to enhancing the economic vitality of the region, which is historically significant as the birthplace of America's Industrial Revolution. The ongoing redevelopment of local mills into housing underscores the area's growth potential, making it an ideal location for the bank's expansion efforts.

Edward O. "Ned" Handy, Chairman and CEO of Washington Trust, expresses enthusiasm for the new branch, emphasizing the bank's mission to provide personalized, in-person banking solutions while fostering strong community relationships. As Washington Trust approaches its 250th anniversary in 2026, the establishment of the Pawtucket branch is a testament to its long-standing dedication to community investment and support for regional growth. Alongside its physical branch services, Washington Trust also offers a comprehensive suite of digital banking tools, ensuring it meets the diverse needs of its customer base.

In addition to expanding its physical footprint, Washington Trust Bancorp remains committed to its heritage of community involvement and economic development. The bank’s operations reflect an enduring philosophy of service, designed to empower individuals and businesses within the communities it serves. As the region prepares for significant milestones, including its own 250th anniversary, Washington Trust stands ready to support its growth and evolution.

For more information about Washington Trust Bancorp and its services, visit washtrust.com.