The Washington Trust Company, Of Westerly is a bank based in Westerly, Rhode Island, established in 1800, with $6.5 billion in total assets across 30 branches. By Trust Grade it ranks 3rd of 6 banks we track in Rhode Island. Its capital ratio of 8.7% trails most similarly sized banks (18th percentile), versus a Rhode Island median of 11.1%. It was profitable over the most recent period, with a 0.80% return on assets. No consumer complaints against The Washington Trust Company, Of Westerly appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Washington Trust Company, Of Westerly compares to Rhode Island peers
How we graded The Washington Trust Company, Of Westerly
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.7% capital ratio)
- Profitable (ROA 0.80%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Washington Trust Company, Of Westerly over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (30)
- 156 Westminster St, Providence, RI 02903
- 23 Broad St, Westerly, RI 02891
- Ocean Avenue And Corn Neck Road, Block Island, RI 02807
- 645 Reservoir Ave, Cranston, RI 02910
- 4137 Old Post Rd, Charlestown, RI 02813
- 20 Point Judith Rd, Narragansett, RI 02882
- 7625 Post Rd, North Kingstown, RI 02852
- 14 Clara Dr, Mystic, CT 06355
- 106 Main St, Westerly, RI 02891
- 730 Kingstown Rd, Wakefield, RI 02879
- 1200 Main St, Wyoming, RI 02898
- 126 Franklin St, Westerly, RI 02891
- 10 Weybosset St, Providence, RI 02903
- 885 Boston Neck Rd, Narragansett, RI 02882
- 236 Centerville Road (Rt. 117), Warwick, RI 02886
- 1203 Oaklawn Ave, Cranston, RI 02920
- 1473 Warwick Ave, Warwick, RI 02888
- 587 Taunton Ave, East Providence, RI 02914
- 2174 Plainfield Pike, Cranston, RI 02921
- 1266 E Main St, Stamford, CT 06902
- 1383 Atwood Ave, Johnston, RI 02919
- 330 Newport Ave, Rumford, RI 02916
- 229 Waterman St, Providence, RI 02906
- 732 Tiogue Ave, Coventry, RI 02816
- 1588 Mineral Spring Ave, North Providence, RI 02904
- 695 Main St, East Greenwich, RI 02818
- 1900 Mendon Rd, Cumberland, RI 02864
- 236 County Road, Barrington, RI 02806
- 371 Putnam Pike, Smithfield, RI 02917
- 1917 Westminster Street, Providence, RI 02909
Are deposits at The Washington Trust Company, Of Westerly insured?
Yes. The Washington Trust Company, Of Westerly is an FDIC-insured bank (FDIC certificate #23623). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
The Washington Trust Company, Of Westerly: frequently asked questions
Is The Washington Trust Company, Of Westerly a good bank?
The Washington Trust Company, Of Westerly earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (8.7% capital ratio); Profitable (ROA 0.80%).
Is The Washington Trust Company, Of Westerly FDIC-insured?
Yes. The Washington Trust Company, Of Westerly is a FDIC-insured bank (FDIC certificate #23623). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Washington Trust Company, Of Westerly?
The Washington Trust Company, Of Westerly holds $6.5 billion in total assets, ranking 3rd of 6 banks we track in Rhode Island. It operates 30 branches.
Does The Washington Trust Company, Of Westerly have CFPB complaints?
No CFPB complaints against The Washington Trust Company, Of Westerly appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
