Washington Trust Bancorp to Open New Branch in Pawtucket, Enhancing Community Financial Access
- Washington Trust Bancorp plans to open its 29th branch in Pawtucket, Rhode Island, by fall 2026.
- The new branch will offer diverse financial solutions, supporting community needs and local economic development.
- Washington Trust emphasizes community engagement and financial literacy through programs at the new Pawtucket location.
### Washington Trust Bancorp Expands Presence with New Branch in Pawtucket
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, Rhode Island, slated for the fall of 2026. This new location will be the bank’s 29th branch and represents a significant step in enhancing Washington Trust’s footprint in northern Rhode Island. The strategic positioning of the branch, located less than a quarter mile from Interstate 95 and adjacent to a RIPTA bus stop, underscores the bank’s commitment to improving access to essential financial services in a rapidly growing area.
The Pawtucket branch aims to offer a comprehensive range of financial solutions tailored to meet the diverse needs of the community. Customers will have access to various deposit products, mortgage and home equity loans, business banking options, and wealth management services. This initiative aligns with Washington Trust’s long-standing tradition of community investment and accessibility, particularly as the bank approaches its 225th anniversary in 2025. The choice of Pawtucket, a city with historic roots as the birthplace of America’s Industrial Revolution, reflects the bank’s dedication to revitalizing local economies and supporting community development.
Edward O. "Ned" Handy, Chairman and CEO of Washington Trust, expresses enthusiasm about the new branch, highlighting the importance of in-person banking services that cater to the unique needs of the Pawtucket community. The bank’s expansion is not only a response to the growing demand for banking services in the area but also a testament to its commitment to fostering economic vitality in Rhode Island. As the nation gears up for its 250th anniversary in 2026, the opening of this branch exemplifies Washington Trust’s focus on growth and service in the communities it serves.
In addition to expanding its physical presence, Washington Trust Bancorp continues to emphasize its role in enhancing community engagement and financial literacy. The new branch is set to play a crucial role in facilitating financial education programs and workshops, further solidifying the bank's relationship with the Pawtucket community.
With this expansion, Washington Trust aims to not only provide banking services but also to contribute to the economic development of the region, reinforcing its longstanding legacy in Rhode Island. For more information about Washington Trust and the services it provides, visit washtrust.com.
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