#United States #Washington Trust #Commercial Banking #Westerly, R.I. #Daniel Hagerty

Washington Trust Company Welcomes New Leadership

The Washington Trust Company has recently expanded its commercial banking team with the addition of two experienced vice presidents. This strategic move aims to strengthen their commitment to providing customized financial solutions to businesses in the region.

New Vice Presidents Bring Extensive Experience

Daniel Hagerty joins as vice president of commercial banking, bringing over 35 years of banking experience to the team. His expertise spans various aspects of commercial lending, credit administration, and market leadership. Previously, Daniel managed intricate loan portfolios at a Massachusetts-based bank, where he expertly structured and negotiated credit facilities to foster business growth while ensuring robust credit quality.

In tandem, Thomas Quinlan also comes aboard as vice president of commercial banking, where he will concentrate on delivering financial solutions tailored to the lending, deposit, and cash management needs of small and mid-sized businesses. With over 20 years of experience in business and commercial banking, Thomas has a proven track record in areas such as SBA lending and relationship development. His past role as a commercial lender for a Massachusetts bank further reinforces his capabilities in handling commercial and industrial loans.

Commitment to Client Success

Jim Brown, senior executive vice president and chief commercial banking officer at Washington Trust, expressed enthusiasm about the new additions. He mentioned, "Dan and Tom are strong additions to Washington Trust's commercial banking team, bringing extensive experience and proven ability to deliver customized solutions for business clients. Their deep industry knowledge, long-standing relationships, and commitment to exceptional client service are valuable assets as we continue to support the growth and financing needs of businesses throughout the region." This statement underlines Washington Trust's ongoing dedication to enhancing its service capabilities for clients.

About Washington Trust

Founded in 1800, The Washington Trust Company holds the distinction of being the oldest community bank in the United States. It ranks as the largest state-chartered bank headquartered in Rhode Island, and stands out as one of the premier financial service providers in the Northeast. Celebrating 225 years of operation in 2025, Washington Trust is dedicated to improving the financial lives of individuals, businesses, and organizations across New England. Their diverse offerings include commercial banking, mortgage banking, personal banking, and wealth management services delivered through offices in Rhode Island, Connecticut, and Massachusetts, complemented by a suite of digital tools for convenience.

Washington Trust is indeed a member of the FDIC, affirming its reliability and commitment to secure financial services. Furthermore, it operates under the umbrella of Washington Trust Bancorp, Inc., which trades publicly on the NASDAQ under the symbol WASH.

As Washington Trust navigates the evolving financial landscape, the integration of these two experts into their commercial banking division marks a pivotal enhancement in their ability to serve clients effectively. The focus will remain on building strong relationships and providing tailored solutions, ensuring that businesses can thrive with the support of experienced financial professionals.