Washington Trust Bank

“The simplest way to understand the economy is to think about jobs first. Jobs bring both people and income, we spend that income, and that spending accounts for close to 70 percent of economic growth.” Catch WTB Chief Economist Steve Scranton, CFA in the most recent edition of Cascade Business News, providing his analysis of the Bend, Oregon economy: https://lnkd.in/gK_yNwBH #BendOR #Oregon #Economy

Exciting day at the Miller’s Creek groundbreaking in Burien! Washington Trust (Esperanza (Hope) Alonzo, Stu Linscott, Christin Malek, Kris Hollingshead, Robert Turner, Nicholas Chong) was honored to attend and show our support for Habitat for Humanity's incredible work in making affordable homeownership a reality in our community. This project is a game-changer, bringing 40 new homes to King County, where the dream of owning a home can often seem out of reach. Priced in the low $300,000s to mid $400,000s, in a market where the average home price exceeds $800,000, Miller’s Creek will help make homeownership more attainable for LMI families. A big shoutout to the Habitat for Humanity Seattle-King County and the City of Burien for their dedication to making this happen. In addition to Brett D’Antonio, CEO of Habitat for Humanity Seattle-King & Kittitas Counties, public official speakers included County Executive Dow Constantine, Congresswoman Pramila Jayapal, Burien Mayor Kevin Schilling, and Councilmember Linda Akey. The Miller’s Creek project is a shining example of what can be achieved when we come together to tackle housing challenges.

We’ve been working behind the scenes on something big: An updated website that makes it easier to find what you’re looking for. Launching this fall Simpler login process Better mobile experience. It’s your 24/7 banking solution. User-friendly, phone-friendly, life friendly. Questions? Share! Excited? Us too. Learn more at watrust.com/new Equal housing lender. Member FDIC.

Please join us in congratulating Melissa Klitzke, who has been promoted to VP and Commercial Banking Team Leader in Moses Lake! Having grown up in the Columbia Basin area, Melissa has over two decades of experience in the local financial industry and an extensive history of partnering with small business, commercial, and agricultural clients. Day in and day out, she brings her passion for serving the community and building relationships with those she serves. In her new role, she’ll take her leadership skills to the next level as she guides our Moses Lake Commercial Banking Team. Kudos to you, Melissa!

Each month, we celebrate our employees with the Legendary Award. Nominated by their peers, we present the award to recognize employees who have inspired those around them by representing Washington Trust’s core pillars of Wisdom, Vision, Passion, and Strength. Congratulations to our winner for the month of July, Kelly Adamson, Assistant Branch Manager in Meridian! Kelly was nominated by her teammates under the pillar of Passion for exemplary customer service and dedication to her team. Here’s what one of her colleagues had to say: “Kelly continues to be an amazing resource for the entire Southern Idaho commercial team. Her passion for the brand and for customer service is unparalleled, and I know that customer service is one of the most important things here at WTB. Kelly always goes above and beyond. I am absolutely proud and honored to be her coworker.” — Andrew Lewis VP / Regional Credit Administrator in Boise Congratulations, Kelly! Thank you for living out WTB’s culture and values.

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Last month, Homestead Community Land Trust broke ground on two transformative affordable homeownership projects, Nest and Woodland View, in the Phinney Ridge neighborhood of Seattle. The developments will provide 38 new permanently affordable condominium homes tailored for income-qualified residents. Washington Trust was pleased to provide construction financing for Nest. And Leo Madden and Jim Deanne were honored to join affordable housing leaders in celebrating this milestone. Washington Trust continues to pursue solutions that make homeownership possible for any who desire it. We’re a sponsor of the upcoming Puget Sound Business Journal Affordable Housing Forum on October 3. Consider joining us at the event and find more ways to act on affordable housing. https://lnkd.in/gUrD3_qG

Spokane’s cost of living has dipped below the national average. Washington Trust chief economist, Steve Scranton, CFA, provides his perspective on this recent development in the Journal of Business: “When companies are looking at potentially...establishing business in the city, or people are looking at moving to a city, there’s really three things that they normally look at on a regular basis: What’s the cost of living? What’s the affordability and availability of housing, and what’s the crime rate?” Read more about this news at https://lnkd.in/gTq-nBjw

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