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Washington Trust Bancorp Inc - Company Profile Snapshot

Company Profile: Washington Trust Bancorp Inc
Ticker: WASH
Exchanges: NAS
2007 Sales: 181,940,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 474

Business Description
Washington Trust Bancorp Inc. The Group's principal activities are to provide banking and other financial services through its wholly owned subsidiary. The Group operates through two segments: the Commercial banking service provides banking and related financial services which includes residential mortgages, commercial loans, construction loans, home equity lines of credit, home equity loans, savings, NOW and money market deposits. The Wealth management service provides trust, investment management and financial planning services. Which includes services as executor, trustee, administrator, custodian and guardian. The other services offered include merchant credit card services, automated teller machines, telephone banking services, retirement accounts, cash management services, internet banking, trust and investment management services. Its loans are originated both for sale in the secondary market, as well as for retention in the Bank's loan portfolio. It operates in the United States.

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