Marcia M. Grise

Marcia M. Grise has been appointed senior vice president of Savings Bank of Danbury. Grise joined the bank in May 1994 with responsibilities for its Operations Department. Fourteen months later, she was promoted to vice president.

With over 30 years of professional banking experience, Grise’s responsibilities include management of the Operations Department and branch operations. She is also the institution’s Bank Secrecy Act officer and oversees regulatory compliance.

“Marcia is a key member of our executive management team. This promotion recognizes her commitment and her many important contributions to our bank,” said Hal Wibling, president and chief executive officer.

Grise is an active member of the community who participates in the Greater Danbury Chamber of Commerce Leadership in Danbury and is a member of St. Joseph Church in Brookfield. She lives in Brookfield with her husband, Dan, and two children, Carley and C.J.

Established in 1849 and based at 220 Main St. in Danbury, Savings Bank of Danbury is a mutual bank with assets of $575 million. Its 12 branch offices are located in Bethel, Brookfield, Danbury, New Fairfield, New Milford, Newtown and Waterbury. The bank has a reputation for a strong commitment to the communities it serves and for providing exceptional products and services to both its personal and business customers.

Mejias Joins Mortgage Group

David Mejias of Bridgeport has joined Danbury-based Fairfield Financial Mortgage Group as a mortgage consultant. Prior to joining the firm, Mejias was most recently a transportation consultant with Miller Ford & Nissan in Fairfield. Before that, he was the owner of PS Unlimited, a Bridgeport-based snack food distributor.

Mejias is a member of the Hispanic Merchants Association in Bridgeport.

Ohio Bank Selects COCC

Avon-based COCC, a provider of next-generation technology services for financial institutions, recently announced that Monroe Federal Savings and Loan Association of Tipp City, Ohio, is up and running on COCC’s next-generation data processing systems.

Monroe Federal is the seventh Ohio community bank to select COCC’s core processing system and suite of strategic products. The COCC systems have enabled Monroe to expand customer services while maintaining flexibility.

“COCC is at the forefront of technology, which enables our bank to offer the latest products and services to our customers,” said David H. Summers, president and chief executive officer of Monroe Federal. “While others are trying to patch their old legacy systems, COCC has moved forward with an open core processing system. That’s where the industry is going.”

Monroe Federal has defined local banking since 1875 with its focus on customers and commitment to local decision-making in the Tipp City-Bethel and Vandalia-Butler areas of Ohio. It has $83 million in assets.

When area banks began consolidating 10 years ago, Monroe decided to fill the void in the local banking market. “Our intention was not to get big or become a regional,” said Summers. “But we recognized that a traditional savings-and-loan business model wouldn’t survive against mortgage brokers and other financial entities entering the area.”