News: Financial Digest

Washington Trust named Best Place to Work

Westerly, RI The Washington Trust Company received the Best Places to Work Award in R.I. by Providence Business News (PBN). The bank was selected as top employer in the Enterprise category, representing companies with 500 or more employees. This is the 13th straight year Washington Trust has been recognized as a top employer.

“We are thrilled to receive top honors as the ‘Best Place to Work’ in Rhode Island,” said Edward Handy III, Washington Trust chairman and CEO. “This award is really a tribute to our employees. We truly value their commitment to providing caring, trusted advice, and personal service and solutions to our customers and community every day!”

In PBN’s June 9th Best Places to Work special section, the publication highlighted several of the 222+ year old bank’s innovative, inspiring, and inclusive policies and practices, including its post-COVID hybrid work environment; Wellness Program; Employee Volunteerism Program; and Diversity, Equity, and Inclusion Council. PBN also noted the bank’s Annual Employee Fest, which celebrates employees for their years of service with the company; recognizes community volunteerism; and recognizes employees who illustrate the “Spirit of Washington Trust” by going above and beyond as leaders, mentors, and community servants. 

The Best Places to Work Award is sponsored by Providence Business News in conjunction with the Best Companies Group, which conducts third-party surveys of company employees. Best Places to Work Award winners are selected based on judges’ review of survey responses and a review of company workplace policies and practices, including the work environment, morale, benefits, and growth opportunities.

 

MORE FROM Financial Digest

Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.