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Washington Trust Joins Veterans Benefits Banking Program

WASH
  • The Washington Trust Company joined the Veterans Benefits Banking Program, a partnership between the U.S. Department of Veterans Affairs & the Association of Military Banks of America.
  • Washington Trust is one of only two community banks in Rhode Island with branches participating in this program.
  • The program connects eligible veterans & beneficiaries with institutions that facilitate secure direct deposit of VA monetary benefits.
  • Participants gain access to financial education resources, free counseling, & low- or no-cost checking accounts, such as Washington Trust's Simply Free Checking.
  • The initiative aims to help veterans avoid fraud & replace paper checks or prepaid cards with the security of federally insured banks.
  • Washington Trust, founded in 1800, offers VA loan programs & full personal banking services to support veterans & their families.
  • The bank is headquartered in Rhode Island, operates in Connecticut & Massachusetts, & is a subsidiary of the publicly traded Washington Trust Bancorp, Inc.
Company
The Washington Trust Company
Keywords
The Washington Trust Company