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Washington Trust Expands Connecticut Presence

WESTERLY, R.I., Oct. 9, 2014 (GLOBE NEWSWIRE) -- Washington Trust today announced the opening of its new mortgage production office located at 1025 Boston Post Road in Darien, Connecticut. Washington Trust, which also has a mortgage office in Glastonbury, CT, as well as mortgages offices in Rhode Island and Massachusetts, was recently ranked as one of the fastest growing mortgage lenders in Connecticut according to the Commercial Record's "Fast 50."

The Darien office is managed by Washington Trust Mortgage Company Executive Vice President James L. Gueltzow and currently has three local mortgage loan officers on staff: Darlene B. Lee of New Canaan, CT; Kevin L. Kinahan of Wilton, CT, and George H. Zygmont of Cos Cob, CT. The team has been lending in Fairfield County over the past year through temporary facilities in Stamford.

"We're excited to be a part of the Darien community," said Joseph J. MarcAurele, Washington Trust Chairman and Chief Executive Officer. "Washington Trust was founded on the RI-CT border in 1800, so we've been helping Connecticut homeowners and businesses for more than 200 years. This location will allow us to better serve the financial needs of the people in the Fairfield County area."

Washington Trust's Darien team originates all types of real estate mortgage loans, including construction, purchase, and refinancing. The Company offers a full-range of mortgage solutions, including fixed rate, adjustable rate, and reverse mortgage products, as well as home equity loans and lines of credit. Washington Trust will also arrange client meetings for commercial banking and wealth management through the Darien office.

ABOUT WASHINGTON TRUST

Founded in 1800, Washington Trust is one of New England's premier financial services companies, providing commercial banking, personal banking, mortgage banking, and wealth management services to individuals and institutions throughout the region. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $3.3 billion corporation listed on NASDAQ OMX®: WASH.

CONTACT: Elizabeth Eckel, SVP, Marketing 401.348.1309 ebeckel@washtrust.com

Source:The Washington Trust Company