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As of December 31, 2022, Washington Trust conducts business from 10 branch offices located in southern Rhode Island (Washington County), 14 branch offices located in the greater Providence area in Rhode Island and 1 branch office located in southeastern Connecticut.
−Removed: In 2022, we plan to open a new full-service branch in Cumberland, Rhode Island.
+Added: In August 2022, we opened a new full-service branch in Cumberland, Rhode Island.
+Added: In addition, we announced that we submitted applications to establish a branch office in three northern Rhode Island locations in 2023 to further expand our branch footprint and serve the broader Rhode Island community.
+Added: The three branch offices will be located in Barrington, Providence and Smithfield, Rhode Island and are subject to federal, state, local, and regulatory approvals.
In addition, there are a number of offices not associated with a branch office location.
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and 2 additional wealth management services offices located in Wellesley, Massachusetts and New Haven, Connecticut.
−Removed: Additionally, Washington Trust has an employment and training center and two operations facilities are located in Westerly, Rhode Island, as well as a loan servicing facility in Stonington, CT.
+Added: In July 2022, we opened a new commercial lending office in New Haven, Connecticut.
+Added: Additionally, Washington Trust has an employment
+Added: and training center and two operations facilities located in Westerly, Rhode Island, as well as a loan servicing facility in Stonington, CT.
At December 31, 2022, 10 of the Corporation’s facilities were owned, 28 were leased and 1 branch office was owned on leased land.
Lease expiration dates range from 7 months to 25 years, with additional renewal options on certain leases ranging from 3 years to 5 years.
−Removed: In addition, the Bank has one owned offsite-ATM in a leased space.
+Added: In addition, the Bank has 1 owned offsite-ATM in a leased space.
All of the Corporation’s properties are considered to be in good condition and adequate for the purpose for which they are used.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.