The Washington Trust Company, of Westerly holds $5.0B in deposits across 5 counties in 2 ranked markets and 2 states. Its deposit footprint is highly concentrated: the top three counties (Washington County, Providence County, Kent County) hold 97% of its deposits, and Rhode Island accounts for 98% of the total. It ranks among the three largest institutions in 2 of the 5 counties where it operates.
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Data as of June 30, 2025 (FDIC Summary of Deposits)
| County | Deposits | County’s % of Bank’s Deposits | Bank’s % of County Deposits | Branches | |
|---|---|---|---|---|---|
| 1. | Washington County, RI | $3.1B | 61.4% | 57.2% | 10 |
| 2. | Providence County, RI | $1.2B | 23.4% | 4.1% | 13 |
| 3. | Kent County, RI | $637M | 12.6% | 11.2% | 4 |
| 4. | Southeastern Connecticut County, CT | $101M | 2.0% | 1.5% | 1 |
| 5. | Bristol County, RI | $25M | 0.5% | 1.5% | 1 |
Deposits are as reported to the FDIC at branch level, June 30, 2025, and are nominal. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.
All 293 markets and the 1,533 counties within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates.