Tag Archives: Washington Trust Bancorp

Business, Finance, Occupation & Industry

Weston Financial Says "Avoiding Tax Mistakes" Key to Financial Planning

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By Business Wirevia The Motley Fool

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Weston Financial Says “Avoiding Tax Mistakes” Key to Financial Planning


New White Paper Offers Tax Tips for 2013 Planning

WELLESELY, Mass.–(BUSINESS WIRE)– Weston Financial Group, Inc., a Wellesley, MA-based registered investment advisor with $1.6 billion under management, today released a white paper, “Avoid Tax Mistakes:Taxes Become Strategic for Financial Planning in 2013.”The paper highlights the two types of broad tax strategies and the eight common tax errors people should consider when reviewing their financial plans. The paper also discusses marginal, effective and situational rates, capital gains, managing IRAs, and risk of being enticed by new tax rules.

Information about the white paper, or Weston Financial services, is available by contacting Drew Bottaro , Esq., CFP ® , Weston Financial Group Vice President & Senior Financial Counselor, at 1-781-235-7055. Bottaro, who was recently named a Five Star Wealth Manager by Five Star Professional, has more than 20 years of experience as a financial planning professional.

Weston Financial, a division of Washington Trust Wealth Management , was founded in 1979 to assist affluent families, high net worth corporate executives, and professionals in managing their financial affairs. Weston’s team of wealth managers hold advanced degrees and designations, ranging from JD, MBA, CFP® practitioner, CPA, Masters in Taxation, and Chartered Financial Analyst®. Weston’s services include investment management, retirement planning, estate planning, and tax and risk management. Weston Financial is a division of The Washington Trust Company , the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc ., NASDAQ Global Select: WASH, a $3.1 billion corporation headquartered in Rhode Island.

Washington Trust
Elizabeth B. Eckel, 401-348-1309
401-348-1407
Senior Vice President, Marketing
ebeckel@washtrust.com

KEYWORDS:   United States  North America  Connecticut  Massachusetts  Rhode Island

INDUSTRY KEYWORDS:

The article Weston Financial Says “Avoiding Tax Mistakes” Key to Financial Planning originally appeared on Fool.com.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Washington Trust Finances $1.725 Million Acquisition of East Pointe Condominiums in Waterbury, Conne

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By Business Wirevia The Motley Fool

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Washington Trust Finances $1.725 Million Acquisition of East Pointe Condominiums in Waterbury, Connecticut

WESTERLY, R.I.–(BUSINESS WIRE)– Washington Trust’sCommercial Real Estate Group recently provided $1,725,000 in commercial mortgage financing to EP Apartments, LLC for the acquisition of 42 units at East Pointe Condominiums, a 64-unit condominium complex located in Waterbury, Connecticut.

Washington Trust Finances $1.725 Million Acquisition of East Pointe Condominiums in Waterbury, Connecticut (Photo: Business Wire)

“This property is located on the eastern side of Waterbury, less than a ½ mile from I-84, with easy access to employment centers such as Hartford, New Haven, Middletown, Bridgeport and Danbury,” said Joseph J. MarcAurele, Washington Trust Chairman, President, and Chief Executive Officer.

Washington Trust’s Commercial Real Estate Group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate projects. Financing ranges in size from several hundred thousand dollars up to multi-million dollar projects. For more information, contact Timothy Pickering, Senior Vice President, Commercial Real Estate Group, 401-348-1482 or 1-800-475-2265 ext. 1482.

Founded in 1800, Washington Trust is one of New England‘s premier financial services companies, providing commercial banking,personal banking, mortgage banking, and wealth management services to individuals and institutions throughout the region. Our Commercial Banking Group offers a full line of commercial and industrial lending, commercial real estate, and cash management services to borrowers throughout the Northeast. Our team of experienced professionals are dedicated to providing customized, comprehensive financing and personalized services. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc. (NASDAQ Global Select, symbol: WASH).

Washington Trust
Elizabeth B. Eckel, 401-348-1309
Senior Vice President, Marketing
ebeckel@washtrust.com

KEYWORDS:   United States  North America  Connecticut  Rhode Island

INDUSTRY KEYWORDS:

The article Washington Trust Finances $1.725 Million Acquisition of East Pointe Condominiums in Waterbury, Connecticut originally appeared on Fool.com.

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Copyright © 1995 – 2013 …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Washington Trust Again Offers Free RI Beach Pass with New Checking Account Bank's I Luv RI Campaign

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Washington Trust Again Offers Free RI Beach Pass with New Checking Account Bank’s I Luv RI Campaign Celebrates Rhode Island’s State Beaches

WESTERLY, R.I.–(BUSINESS WIRE)– Washington Trust is once again offering a free Rhode Island State Beach Pass Season’s Pass to anyone who opens up a new checking account with a $50 recurring direct deposit. The beach pass can be used this summer any of Rhode Island‘s eight state beaches, including: Charlestown Breachway, East Beach, East Matunuck, Misquamicut, Roger Wheeler, Salty Brine, and Scarborough North and South.

“Washington Trust is Rhode Island’s bank,” said Joseph J. MarcAurele, Washington Trust‘s Chairman, President and CEO. “Founded in Rhode Island in 1800, we’re the largest independent bank headquartered in the State. Our ‘I Luv RI‘ campaign celebrates everything that’s great about Rhode Island. What better way to share our love of the Ocean State than provide people with an opportunity to obtain free beach passes?”

Washington Trust checking account customers will receive a gift certificate for a Rhode Island state beach pass when their first $50 direct deposit is posted to their new checking account. A Washington Trust checking account also includes free online banking and bill payment, a free debit card with rewards, free mobile banking and more than 100 convenient ATM locations.

The gift certificate, valued at $60, may be redeemed for a state beach pass beginning May 18, 2013 (weekends only) through Memorial Day at Misquamicut, Roger Wheeler, Scarborough, and East Matunuck state beaches. Passes will be available daily at all State beaches after Memorial Day. The gift certificates are transferable and do not expire. Non-Rhode Island residents may redeem the gift certificate towards the cost of an out-of-state season’s beach pass.

“We are delighted that Washington Trust is once again featuring Rhode Island state beaches as part of its ‘I Luv RI’ campaign,” said Department of Environmental Management Director Janet Coit. “Rhode Island has some of the most spectacular beaches that can be found anywhere, and sharing them with family, friends and visitors creates memories that last a lifetime. Our world-class, state-of-the-art beach facilities are among the state’s major tourist attractions and generate billions of dollars for the local and state economy every year.”

For more information about Washington Trust‘s Free Rhode Island State Beach Pass promotion, or the Bank’s “I Luv RI” campaign, visit www.washtrust.com or email the Bank at marketing@washtrust.com.

The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $3.0 billion corporation headquartered …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Washington Trust Bancorp, Inc. Declares First Quarter Dividend

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By Business Wirevia The Motley Fool

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Washington Trust Bancorp, Inc. Declares First Quarter Dividend

Company Increases Dividend to 25 Cents Per Share

WESTERLY, R.I.–(BUSINESS WIRE)– The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ Global Select®; symbol: WASH), today declared a quarterly dividend of 25 cents per share for the quarter ending March 31, 2013. This represents a one cent increase over the dividend paid last quarter and is the Corporation’s third dividend increase in the past year. The dividend will be paid on April 12, 2013 to shareholders of record on April 1, 2013.

Washington Trust Bancorp, Inc. is the parent of The Washington Trust Company, a state-chartered bank headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island. Washington Trust offers a full range of financial services, including commercial banking, small business banking, personal banking, and wealth management and trust services through its offices located in Rhode Island, southeastern Connecticut and eastern Massachusetts. The Corporation’s common stock trades on The NASDAQ Global Select® Stock Marketunder the symbol WASH. Investor information is available on the Corporation’s web site: www.washtrust.com.

Washington Trust Bancorp, Inc.
Elizabeth B. Eckel, 401-348-1309
Senior Vice President, Marketing
ebeckel@washtrust.com

KEYWORDS:   United States  North America  Rhode Island

INDUSTRY KEYWORDS:

The article Washington Trust Bancorp, Inc. Declares First Quarter Dividend originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Washington Trust Finances $4.5 Million Acquisition of Blackstone Place in Pawtucket, R.I.

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By Business Wirevia The Motley Fool

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Washington Trust Finances $4.5 Million Acquisition of Blackstone Place in Pawtucket, R.I.

Current tenants include Rite Aid pharmacy

WESTERLY, R.I.–(BUSINESS WIRE)– Washington Trust‘sCommercial Real Estate Group recently provided $4,500,000 in commercial mortgage financing to Blackstone Place Limited Partnership for the acquisition of Blackstone Place, a 38,000 square foot retail building located at 727 East Avenue, Pawtucket, R.I.The retail space is currently occupied by Rite Aid, Hillside Avenue Family & Community Medicine, and Dunkin Donuts.

“This property is located at the end of Hope Street at the junction of Blackstone Boulevard in the affluent East Side of Providence neighborhood,” said Joseph J. MarcAurele, Washington Trust Chairman, President, and Chief Executive Officer. Adding, “It has excellent tenants, including Rite Aid, the third largest drugstore chain in the country.”


Washington Trust‘s
 Commercial Real Estate Group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate projects. Financing ranges in size from several hundred thousand dollars up to multi-million dollar projects. For more information, contact Mary Ettinger , Vice President, Commercial Real Estate Group, 401-348-1415 or 1-800-475-2265 ext. 1415.

Founded in 1800, Washington Trust is the largest independent bank headquartered in Rhode Island and the oldest community Bank in the nation. Washington Trust provides commercial banking, small business banking, personal banking, mortgage banking, and wealth management and trust services to individuals and institutions throughout the Northeast. Our Commercial Banking Group offers a full line of commercial and industrial lending, commercial real estate, and cash management services to borrowers throughout the Northeast. Washington Trust is an SBA preferred lender. Our team of experienced professionals are dedicated to providing customized, comprehensive financing and personalized services. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ Global Select, symbol: WASH).

Washington Trust
Elizabeth B. Eckel, 401-348-1309
SVP Marketing
ebeckel@washtrust.com

KEYWORDS:   United States  North America  Connecticut  Massachusetts  New York  Rhode Island

INDUSTRY KEYWORDS:

The …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Washington Trust Promotes DiSanto to EVP, Human Resources

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By Business Wirevia The Motley Fool

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Washington Trust Promotes
 DiSanto to EVP, Human Resources

WESTERLY, R.I.–(BUSINESS WIRE)– Washington Trust has announced that Kristen L. DiSanto, of South Kingstown, has been appointed Executive Vice President of Human Resources. DiSanto is responsible for leading all human resources functions, including staffing, training, organizational development and employee relations. In addition, she assists the board with executive compensation matters and SEC disclosures.

Kristen DiSanto, a URI alum, has worked for Washington Trust since 1994. She previously served Senior Vice President of Human Resources. (Photo: Business Wire)

DiSanto joined Washington Trust in 1994, and most recently served as Senior Vice President. A graduate of the University of Rhode Island, DiSanto has a Bachelor of Arts in speech communication. She is also a member of the Society for Human Resource Management and a graduate of Leadership Rhode Island. DiSanto serves on the legislative committee of the Rhode Island Business Group on Health, on the finance committee of Saint Elizabeth Community and as the Personnel Committee of the Ocean Community YMCA.

Founded in 1800, Washington Trust is the largest independent bank headquartered in Rhode Island and the oldest community Bank in the nation. Washington Trust provides commercial banking, small business banking, personal banking, mortgage banking, and wealth management and trust services to individuals and institutions throughout the Northeast. Our Commercial Banking Group offers a full line of commercial and industrial lending, commercial real estate, and cash management services to borrowers throughout the Northeast. Washington Trust is an SBA preferred lender. Our team of experienced professionals are dedicated to providing customized, comprehensive financing and personalized services. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ Global Select, symbol: WASH).

Washington Trust
Elizabeth B. Eckel, 401-348-1309
SVP Marketing
ebeckel@washtrust.com

KEYWORDS:   United States  North America  Rhode Island

INDUSTRY KEYWORDS:

The article Washington Trust Promotes DiSanto to EVP, Human Resources originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights …read more
Source: FULL ARTICLE at DailyFinance