Nation’s Oldest Community Bank Rings NASDAQ Opening Bell
July 31, 2018
Ned Handy and a team from Washington Trust Bancorp, Inc. (NASDAQ: WASH) opened the market this morning, Tuesday, July 31st
This morning, Washington Trust Bancorp, Inc. (NASDAQ: WASH) Chairman and CEO Edward O. Handy III was joined by more than 50 Washington Trust executive leaders, senior managers and employees to ring the NASDAQ opening bell and celebrate 218 years of service as the oldest community bank in the nation. Founded in 1800, Washington Trust was already 171 years old when, in 1971, NASDAQ began trading as the world’s first electronic stock market. 13 years later, in 1984, Washington Trust Bancorp, Inc. started trading on the NASDAQ market under the symbol WASH.
“Washington Trust has a solid financial foundation and was recently recognized by American Banker and Bank Director as one of the top performing midsize banks in the nation,” said David Wicks, VP at NASDAQ, in his opening remarks ahead of the bell ringing. “These accolades certainly contribute to Washington Trust’s great stock performance over the last 20 years, with shares being up 350 percent.”
“We’re proud of our 218-year legacy and the strong foundation that we’ve built over all of those years,” added Handy. “While technological advances and new product designs are critical in meeting our customers’ ever-changing needs, it’s the 600 people we work with every day who deliver those advances when needed and as needed, with dignity and respect, that builds rapport with our customers.”
To obtain a hi-resolution photograph or video of Washington Trust’s Market Open, please go to: https://business.nasdaq.com/discover/market-bell-ceremonies/detail.html#!/!?ceremonyId=8225
ABOUT WASHINGTON TRUST BANCORP, INC.
Washington Trust Bancorp, Inc. is the parent of The Washington Trust Company, with $4.7 billion in assets as of June 30, 2018. Founded in 1800, Washington Trust is the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast’s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Corporation’s common stock trades on NASDAQ under the symbol WASH. Investor information is available on the Corporation’s web site at ir.washtrust.com.
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