David Woessner has been promoted to executive vice president of Savings Bank of Danbury.
Woessner joined Savings Bank of Danbury in 1993 as controller. He was promoted to chief financial officer in 1996 and senior vice president in 1998.
With more than 25 years of professional banking experience, Woessner’s responsibilities include managing the bank’s investment portfolio and accounting functions. A member of the senior management team, he participates in the formulation and implementation of bank-wide strategies and objectives.
“David is a key member of our executive management team,” said Hal Wibling, president and chief executive officer. “He is a talented, hard-working bank professional who has contributed greatly to our success.”
Woessner is a certified professional accountant and volunteers as treasurer for the Tashua Elementary School Fathers Club and as a youth soccer coach in Trumbull. He lives in Trumbull with his wife and two children.
Established in 1849 and based at 220 Main St. in Danbury, Savings Bank of Danbury is a mutual savings bank with assets of $575 million. With 12 branch offices located in Bethel, Brookfield, Danbury, New Fairfield, New Milford, Newtown and Waterbury, the bank stresses a commitment to the communities it serves and to providing a variety of products and services to both its personal and business customers.
Stanley Named AVP
Wayne L. Stanley has been promoted to assistant vice president and consumer investment specialist for Rockville Financial Services, a subsidiary of Rockville Bank.
Stanley has been a consumer investment specialist since he joined Rockville Bank in April 2004. He is responsible for assisting customers in Coventry, Ellington, Enfield, Somers, Suffield and Vernon/Rockville with their investment needs. Those duties include information regarding 401(k) rollovers, individual retirement accounts, and insurance and estate planning.
Stanley came to Rockville Bank from Phoenix Wealth Management in Hartford, where he worked for three years as an internal wholesaler, developing estate plans for high-net-worth clients. He began his career with Advest/Merrill Lynch in Hartford as a financial advisor and was a member of the ACT-Advest Career Track Program. He received his undergraduate degree in business administration, with a concentration in marketing, from Eastern Connecticut State University.
A graduate of Tourtellotte Memorial High School in Thompson, Stanley lives in Ellington with his wife, Kara, and their daughter.
Rockville Bank is an 18-branch community bank in Connecticut that strives to provide a convenient banking lifestyle for the communities it serves: Coventry, East Hartford, East Windsor, Ellington, Enfield, Glastonbury, Manchester, Rockville, Somers, South Glastonbury, South Windsor, Suffield, Tolland and Vernon. It operates four supermarket locations that are open seven days a week.
PCBB Selects OSI
Pacific Coast Bankers’ Bank, which has $473 million in assets, has selected Glastonbury-based Open Solutions Inc.’s enterprise-wide data processing platform, The Complete Banking Solution, and other OSI complementary applications.
The second-largest bankers’ bank in the United States in terms of assets under management, PCBB provides correspondent banking services to more than 400 independent community banks across the country.
OSI is a provider of integrated enabling technologies for financial institutions in the United States, Canada and internationally. In September 2005, the company announced an agreement with PCBB to offer the bank’s customers its image item-processing services as a complement to PCBB’s cash-letter settlement service.
“One of the contributors to PCBB’s significant growth and continued success is its ability to respond quickly in an innovative manner to meet both the current and the developing correspondent banking needs of its respondents,” said Tom Evans, president and chief executive officer of PCBB.