PR Newswire
Recognized as Best Bank in Rhode Island by Independent Consumer Survey
WESTERLY, R.I. , June 21, 2023 /PRNewswire/ -- The Washington Trust Company ("Washington Trust"; "the Bank") today announced that the Bank has been selected to the Forbes list of Best-In-State Banks 2023. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on June 20 th , 2023, and can currently be viewed on the Forbes website . Washington Trust was one of 137 unique banks across the United States selected for the Forbes list.
"We are proud to be recognized by Forbes as the Best-In-State Bank in Rhode Island ," stated Edward O. "Ned" Handy III, Washington Trust Chairman and Chief Executive Officer. "Throughout our 222+ year history, Washington Trust has been a community partner that provides trusted financial advice and personalized solutions to our customers. This honor reflects the value our customers place in us."
Forbes and Statista identified Best-In-State Banks 2023 based on two sources:
- An independent survey : Approximately 26,000 US consumers were asked to rate banks at which they have or previously have had checking/saving accounts. Participants made recommendations regarding overall satisfaction and assessed banks in the following areas: Trust, Terms & Conditions, Branch Services, Digital Services, Customer Service, and Financial Advice.
- Publicly available reviews : For each bank, in each state, a sentiment analysis approach of publicly available online text reviews and ratings was applied.
ABOUT WASHINGTON TRUST ®
Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast's premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking , mortgage banking , personal banking and wealth management and trust services through its offices located in Rhode Island , Connecticut and Massachusetts . The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc. , (NASDAQ: WASH). Additional information on Washington Trust can be found at washtrust.com .
SOURCE The Washington Trust Company