Washington Trust Bancorp, Inc. Announces Board Changes
April 23, 2019 at 04:33 pm EDT
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Washington Trust Bancorp, Inc. at the Annual Meeting of Shareholders held on April 23, 2019 paid special recognition to Victor J. Orsinger II, Esq., who retired at the Annual Meeting after serving for 36 years on Washington Trust's Board of Directors. Subsequent with Orsinger’s retirement, Kathleen McKeough was appointed Lead Director of the Corporation and Ruggieri was elected and joined Washington Trust’s Board. As a result of Ruggieri’s extensive background and expertise in financial management, he was appointed to serve on the Board’s Audit and Finance Committees.
Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities; deposit generation; cash management activities; banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management; holistic financial planning services; personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedentsâ estates; and institutional trust services, including custody and fiduciary services.