Washington Trust Bank named among 2024's Best Banks to Work For

SPOKANE - Washington Trust Bank has been recognized as one of American Banker magazine's "Best Banks to Work For" in 2024, marking its sixth recognition since the program's inception in 2013.

The largest privately held commercial bank in the Northwest earned the distinction based on workplace policies, practices, demographics, and employee satisfaction metrics evaluated by Best Companies Group in partnership with American Banker.

"Earning a 'best place to work' honor is an incredible testament to our entire organization," said Jack Heath, chief executive officer of Washington Trust Bank. "As a privately held bank, we have a distinct advantage in the markets where we do business, because keeping our focus on long-term goals rather than quarterly results allows us to make the best decisions for our employees and clients."

The bank, which manages $11 billion in assets, recently received additional recognition from Forbes as a "Best-in-State Bank" for Washington and was listed among Puget Sound Business Journal's "100 Fastest-Growing Private Companies."

Washington Trust Bank currently operates more than 40 financial centers across Washington, Idaho, and Oregon, with plans for expansion including a new branch in Vancouver, Washington. The institution employs approximately 1,100 people and has maintained a presence in the Northwest since its founding in 1902.

The bank evaluates workplace satisfaction through various metrics, including employee engagement, professional development opportunities, and work environment quality. This approach aligns with their commitment to fostering trust across organizational levels while maintaining focus on long-term strategic goals rather than quarterly performance metrics.