Washington Trust Supports Rhode Island Hispanic Chamber of Commerce
Washington Trust has taken an important step in supporting the Rhode Island Hispanic Chamber of Commerce by providing $800,000 in financing for their new headquarters. This funding is aimed at acquiring a historic property, an elaborately designed Queen Anne mansion known as the James Potter House, located at 359 Broad Street.
A Historic Property for a Growing Community
The James Potter House, constructed around 1889 by the architectural firm Stone, Carpenter and Willson, sits within the Trinity Square National Historic District. Its rich history and stunning architecture make it a fitting choice for the Chamber's operational base. This strategic move signifies the continuous growth and influence of the Hispanic business community in the area.
Community Impact and Future Aspirations
Oscar Mejias, Chief Executive Officer of the Rhode Island Hispanic Chamber of Commerce, expressed enthusiasm about the acquisition, stating, "This new headquarters is a testament to the continued growth and success of the Hispanic Chamber of Commerce, serving as a symbol of our commitment to the community and our mission to expand our outreach." His sentiments highlight the importance of having a dedicated space for business resources and community engagement.
Washington Trust's Role in Empowering Businesses
Edward O. "Ned" Handy, Chairman and CEO of Washington Trust, shared, "We are proud to support the Rhode Island Hispanic Chamber of Commerce and its mission to serve as a resource for Hispanic and minority-owned businesses. We look forward to fostering strong relationships with the Chamber and its members, aiding the growth of the Hispanic business community." This reflects Washington Trust’s dedication not only to financial services but also to community empowerment.
About Washington Trust
Founded in 1800, Washington Trust is recognized as the oldest community bank in the United States and is a leading financial services provider in the Northeast. They offer an extensive range of services including commercial banking, mortgage banking, personal banking, and wealth management solutions. With a commitment to community support, Washington Trust actively nurtures relationships that strengthen local economies.
About the Rhode Island Hispanic Chamber of Commerce
The Rhode Island Hispanic Chamber of Commerce was established to represent and empower the region’s growing Hispanic business community. Formed to address the specific needs of local businesses, the Chamber plays a crucial role in creating connections between corporate entities and Hispanic-owned businesses, thus fostering economic growth.
Frequently Asked Questions
What is the purpose of the financing provided by Washington Trust?
The financing serves to support the Rhode Island Hispanic Chamber of Commerce in acquiring a new headquarters, enhancing their ability to serve the community.
What is the historical significance of the property acquired?
The property, known as the James Potter House, is a magnificent Queen Anne mansion built around 1889, located in a historic district.
How does this acquisition impact the local community?
This acquisition is a symbol of growth for the Hispanic business community and provides a dedicated space for resources and networking opportunities.
What services does Washington Trust offer?
Washington Trust offers a full suite of services including commercial and residential banking, mortgages, personal banking, and wealth management.
Who leads the Rhode Island Hispanic Chamber of Commerce?
The Chamber is led by Chief Executive Officer Oscar Mejias, who emphasizes community engagement and support for Hispanic businesses.
