Washington Trust Celebrates 225 Years of Commitment to Community Banking

Washington Trust Celebrates 225 Years of Community Banking

In a significant milestone for community banking, Washington Trust, the oldest community bank in the United States, proudly announces its 225th anniversary in 2025. Established in Rhode Island, this bank has become a cornerstone of financial support for numerous communities across Rhode Island, Connecticut, and Massachusetts since its inception on August 22, 1800. This momentous occasion prompts Washington Trust to reflect on its proud legacy of service and commitment to customers.

A Legacy of Trust and Service

As the bank approaches its 225th birthday, Edward O. "Ned" Handy III, Chairman and CEO of Washington Trust, emphasized the importance of this anniversary by stating, "As we mark this milestone, we recognize the privilege of celebrating 225 years of serving our customers and communities." His sentiment underscores the bank's dedication to earn trust every day while helping clients navigate their financial journeys, starting businesses, providing for families, and planning for the future.

Special Initiatives and Events

In honor of this historic milestone, Washington Trust is launching several initiatives designed to engage the community and celebrate its long-standing commitment:

Birthday Logo

To commemorate this impressive achievement, the bank will unveil a special anniversary logo that will be prominently displayed throughout the year, signaling a fresh look for a historic occasion.

225 Community Checking Campaign

One exciting initiative that highlights Washington Trust's commitment to community support is the "225 Community Checking" campaign. This promotion, running until August 2025, allows individuals who open a new checking account to direct a $25 donation to one of twelve partner nonprofit organizations in the region. This initiative not only benefits local nonprofits but also offers new account holders a personal bonus of $200, reinforcing the idea that the initiative is "Good for You and Good for Your Community."

The partner organizations benefiting from this campaign include notable nonprofits such as Amos House, Rhode Island Community Food Bank, Financial Literacy Youth Initiative, South County Habitat for Humanity, and others. Washington Trust aims to strengthen the fabric of the community while providing exceptional banking experiences to its customers.

Customer Appreciation Events

To further celebrate its birthday month in August, Washington Trust will host a series of events and pop-up celebrations at its branches. These events are designed to show gratitude to customers for their continued loyalty throughout the years. Additionally, bank executives will have the honor of ringing the NASDAQ stock market closing bell on August 22, a fitting way to culminate this year-long celebration.

Continued Commitment to Community Banking

For over two centuries, Washington Trust has not only adapted to the evolving needs of its customers but has also remained committed to the principles of true community banking. Initially starting with a single location in Westerly, RI, the bank has expanded its reach significantly, now operating 28 retail banking branches while offering a variety of mortgage lending and wealth management services.

Conclusion

Washington Trust's dedication to serving its communities and ensuring customer trust remains unwavering. With its 225th anniversary, the bank reinforces its mission to support the financial well-being of the people it serves. For those interested in learning more about Washington Trust's history and their journey, additional information can be found on their official website, washtrust.com/history.

This remarkable anniversary certainly calls for celebration, as the spirit of community banking continues to thrive through initiatives that not only bolster financial support but also create lasting relationships within the communities Washington Trust proudly serves.