Roxann S. Boyce

Bankers’ Bank Northeast has hired Roxann S. Boyce as senior finance specialist.

In her new position, she manages and performs financial reporting and analysis functions for the bank, including managing the asset/liability modeling and generating various analyses. Other duties include preparation of bank management and regulatory reporting, and maintaining and updating corporate financial models and plans. Boyce reports to Allen L. Neilsen, the bank’s executive vice president and chief financial officer.

Boyce has more than 20 years of financial experience, having worked with the Connecticut Bank & Trust Co. as a treasury analyst. She held similar positions at Tolland Bank in Vernon, First Signature Bank & Trust in Portsmouth, N.H., and the Glastonbury Bank and Trust Co.

The bank also has hired Richard C. Layman as a commercial credit analyst and Deborah A. Snider as business development coordinator.

As a commercial credit analyst, Layman performs loan reviews and assists with loan servicing. He reports to Bankers’ Bank Northeast Chief Credit Officer Peter T. Garland. Layman has nearly 20 years of financial and banking experience and most recently was employed by National Co-operative Bank in Hartford.

Snider, in her new position, provides support for the relationship management team, with the overall objective to assist the bank in closing sales and retaining existing business. She reports to Senior Vice President Richard B. Lockwood III, has nearly 30 years of banking experience and previously was employed by Bay State Savings Bank in Worcester, Mass., as an operations specialist.

Bankers’ Bank Northeast, based in Glastonbury, provides correspondent banking services to more than 160 community banks throughout New England and New York. There are 21 bankers’ banks doing business with more than 8,000 community banks in all 50 states.

Program Celebrates Grads
Leadership Greater Waterbury, a program of the Waterbury Regional Chamber underwritten by Naugatuck Savings Bank Foundation, celebrated the achievements of its class of 2007 at a graduation reception last Wednesday in the Ruth Ann Leever Atrium at Naugatuck Valley Community College in Waterbury.

Leadership Greater Waterbury is a professional career development program designed to prepare future leaders who aspire to roles of civic and community leadership through volunteerism. As a requirement for graduation, the class must complete a project that will enable them to enhance their understanding of team-building skills and the importance of contributing to the community.
Open Solutions Adds Client

Glastonbury-based Open Solutions has picked up a new client in Vietnam.

Asia Commercial Bank announced that it has signed an agreement with Hanoi, Vietnam-based Thien Nam Information Technology Co., an international reseller of banking and financial processing systems, to upgrade its core processing platform to the latest release of Open Solutions’ Complete Banking Solution, a relational, enterprise-wide data processing solution.

Open Solutions, a leading provider of integrated enabling technologies for financial services providers, recently signed an international reseller partnership agreement with Thien Nam.

Based in Ho Chi Minh City, Asia Commercial Bank has more than $1.7 billion in assets, 84 branches and 658,000 customers. The bank originally converted to Open Solutions’ Complete Banking Solution platform in 2001 through a private-label reseller agreement that the company had in the region. The bank will upgrade to the company’s latest release because Open Solutions has begun to directly market within the Asia Pacific marketplace.

Open Solutions offers a strategic product platform that integrates core data processing applications, as well as services such as Internet banking, cash management, financial accounting tools, imaging, digital documents, Check 21, interactive voice response, network services, Web hosting and design, payments and loan origination solutions.