Washington Trust Bank
Private | |
Founded | Spokane, Washington, United States (1902) |
Headquarters | Spokane, Washington |
Key people |
Peter F. Stanton (Chairman & CEO) John E. (Jack) Heath, III (President & COO) Scott Luttinen (Executive Vice President, Commercial Banking Division) Linda A. Williams (President, Oregon Region) Dave Terrell (President, Southern Idaho Region) |
Products | Personal Banking, Commercial Banking, Private Banking, Home Loans, Wealth Management, Wealth Advisory, Investment Services, Trust Services |
Number of employees | 850 |
Website | watrust.com |
Washington Trust Bank is an American diversified financial services holding company headquartered in Spokane, Washington. It is the oldest and largest privately-held commercial bank in the Pacific Northwest. There are more than 40 financial centers and offices in Washington, Idaho and Oregon[1] with nearly 850 employees. As of December 2014, Washington Trust Bank has assets in excess of $4.77 billion.[2]
Background
Washington Trust opened its doors in 1902 as The Washington Trust Company. Current CEO Peter F. Stanton is the fourth generation of the Stanton Family to lead the bank.[3][4]
The bank operates offices throughout Washington, Oregon and Idaho. The first branches in Idaho opened in 1989, while the first branch in Portland opened in 2004.[5] Washington Trust expanded to the Puget Sound area, including opening offices in Seattle in 2000 and in Bellevue in 2004.[6]
Services
Services include personal and commercial banking, home loans, private banking, wealth management and advisory services, trust services and investment services.[7]
The bank has ranked first in deposits in Spokane County since 2009.[8]
References
- ↑ Ross, Katie (4 December 2014). "A wealth of growth in Washington Trust unit". The Spokane Journal of Business. The Spokane Journal of Business. Retrieved 9 March 2016.
- ↑ Forshee, Stephanie (17 April 2015). "Banks". Puget Sound Business Journal. American City Business Journals. Retrieved 15 March 2016.
- ↑ Parish, Linn (29 July 2004). "Carrying on a family tradition". The Spokane Journal of Business. The Spokane Journal of Business. Retrieved 5 January 2016.
- ↑ "Washington Trust Bank's western exposure". Seattle Business Magazine. Tiger Oak Media. April 2014. Retrieved 5 January 2016.
- ↑ Ross, Katie (4 December 2014). "A wealth of growth in Washington Trust unit". The Spokane Journal of Business. The Spokane Journal of Business. Retrieved 9 March 2016.
- ↑ "Washington Trust Bank's western exposure". Seattle Business Magazine. Tiger Oak Media. April 2014. Retrieved 5 January 2016.
- ↑ "Washington Trust Bank: Private Company Information". Bloomberg Businessweek. Bloomberg L.P. Retrieved 6 January 2016.
- ↑ Bjerken, LeAnn (8 October 2015). "Washington Trust leads Spokane County in deposits for sixth straight year". The Spokane Journal of Business. The Spokane Journal of Business. Retrieved 21 December 2015.