Stu Linscott

About Stu Linscott

If you want to go quickly, go alone. If you want to go far, go together.” That adage resonates with me, and it reflects my approach to leadership at Washington Trust Bank and in the community. I love to help people, businesses and nonprofit organizations succeed, and I believe collaboration is a key ingredient.As Regional President at Washington Trust Bank, I encourage our bankers to start by listening closely to our customers. Our bankers develop a deep understanding of each client and the nuances of their situation, their business and their industry. That insight enables us to make sound recommendations and implement optimal solutions that address their challenges. Today, my responsibilities encompass Washington Trust Bank’s East and South Puget Sound Commercial and Private Banking and Western Washington Commercial Construction Real Estate Groups. To each, I bring:• A dedication to building strong, beneficial partnerships• A commitment to being involved and invested• An ability to formulate and implement sustainable solutions • A desire to maintain open communications and exceed expectationsWhether I am working with commercial real estate clients seeking construction lending or individuals seeking private banking or wealth management services, I approach each client with the same dedication and focus, and I encourage my teams to do the same. I’m proud to be part of a family-owned bank where we strive to find the best solutions for our clients. This is a bank with a culture that values taking care of people, and it has a long history of stepping up in good times and in bad. Outside of Washington Trust Bank, I value spending time with my wife and two children, enjoying the many stages of family life and outdoor sporting activities of the Pacific Northwest.Strengths: leadership | commercial banking | commercial real estate | private banking | wealth management

Experience

1. Regional President at Washington Trust Bank

   Washington Trust Bank

   May 2023 — Present · Bellevue, WA, US

   Lead and manage Puget Sound markets for East and South Puget Sound commercial & private banking teams and Western Washington Commercial Real Estate team, which focuses on our region’s commercial construction relationships. The region has over 1 billion in loans outstanding and 1.6 billion in loan commitments. It also includes over 1 billion in depository relationship balances. In addition, lead a credit analyst team that underwrites, manages and monitors our loan portfolio, plus our deposit operation team that provides client service support for all our commercial & private banking teams including our financial center. As a Regional President, I participate in helping lead in the following Bank committee/groups.Executive Committee o Administration of Bank Operations and Management: Make certain that the Bank is managed consistent with the Board’s Mission and Guiding Principles. Preparation of a Proposed Annual Budget and for the bank’s management of the Annual Budget.Deposit Rate Working Group Ensure core customer growth and pricing strategies support customer retention and acquisition. Develop and manage a relationship framework for competitively priced deposit products via rate and structure. Maintain financial performance and pricing discipline to ensure we meet net interest margin and financial performance objectives.Credit Policy Committeeo Develop and administer credit related policies and procedures to support the proper credit risk management across the Bank. o Ensure policies and procedures are consistent to the Loan Policy Statement of the Board and all risk metrics and targets are with safe and sound banking practices. Community Reinvestment Act Working groupo Provide oversight of the bank’s enterprise wide CRA performance.o Responsible for ensuring compliance in each business line.o Establish and manage framework that identify, assess, measure, monitor, and manage CRA compliance risks facing the bank.

Education

• Seattle University

  MBA, Finance, Management, Operations and Accounting

  2002 — 2004

• Pacific Coast Banking School

  Banking

  2014 — 2016

• University of Washington

  BA, International Economics, Finance & Accounting

  1996 — 1999

Skills

• Leadership Development
• Small Business Lending
• Strategic Planning
• Credit
• Cash Flow Lending
• Project Management
• Nonprofits
• Leadership
• Banking
• Credit Analysis
• Team Leadership
• Program Management
• Loans
• Asset Based Lending
• Budgets
• Finance
• Commercial Lending
• Sba
• Management
• Financial Analysis
• Lines of Credit
• Commercial Banking
• Analysis