Washington Trust Bank
Washington Trust Bank is an American commercial bank headquartered in Spokane, Washington and is a subsidiary of W.T.B. Financial Corporation. It has more than 40 financial centers and offices in Washington, Idaho and Oregon with over 1,000 employees. As of December 2014, the bank had assets in excess of $4.77 billion.
Background
Washington Trust opened in 1902 as The Washington Trust Company. Current Executive Chairman Peter F. Stanton is the fourth generation of the Stanton family to lead the bank.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. Washington Trust also expanded to the Puget Sound region, opening offices in Seattle in 2000 and in Bellevue in 2004.
W.T.B. Financial Corporation parent company of Washington Trust Bank went public on the OTC Markets in 2001, under the Ticker symbols WTBFA and WTBFB.