Banking and Lending
Former Banker Sentenced To Jail For Embezzling $450K
January 13, 2015 | Reprints | Unlock LinkA former People’s United Bank employee has been sentenced to one year in prison for embezzling more than $450,000 from the bank where she worked.
Bloomfield Man Gets Jail Time For Violent Bank Robberies
January 9, 2015 | Reprints | Unlock LinkA Bloomfield man recently received four years of jail time for several violent bank robberies in Southbury, Cromwell and Wallingford.
BofA Supports Conn. Nonprofits
January 8, 2015 | Reprints | Unlock LinkThe Bank of America Charitable Foundation has awarded $268,000 in grants to 45 Connecticut nonprofits.
Obama Taps Community Banker For Fed Board
January 7, 2015 | Reprints | Unlock LinkPresident Barack Obama on Tuesday nominated former community banker Allan Landon to a seat on the U.S. Federal Reserve’s board, responding to calls for a greater voice for Main Street in the central bank’s deliberations.
SBT Bancorp To Begin Trading On OTCQX
January 7, 2015 | Reprints | Unlock LinkThe parent company of Simsbury Bank & Trust Co. will begin trading on OTCQX today.
Choyce Peterson Hires VP
January 6, 2015 | Reprints | Unlock LinkAdam M. Cognetta has joined Choyce Peterson Inc. as vice president.
Ally Financial Sells Stake In Chinese Joint Venture To GM
January 6, 2015 | Reprints | Unlock LinkAlly Financial Inc. said on Monday that it completed the sale of its stake in a joint venture with a Chinese auto lender to General Motors Co. for $1 billion.
Rosato Succeeds Walters As People\’s Parent CFO
January 6, 2015 | Reprints | Unlock LinkR. David Rosato has succeeded Kirk W. Walters as the chief financial officer (CFO) of People’s United Financial, the parent company of People’s United Bank.
Yonych Named Assistant VP At Litchfield Bancorp
January 5, 2015 | Reprints | Unlock LinkLitchfield Bancorp has appointed Stephen Yonych Jr. as assistant vice president and branch manager of its Watertown office.
Wilton Investment Advisory Firm Changes Name
January 5, 2015 | Reprints | Unlock LinkFleming, Perry & Cox changed its name to Webster Wealth Advisors, effective Jan. 2. The company has been a subsidiary of Webster Financial Corp. since 2002.
Webster Bankers, LEGO Prez To Speak At CBIA Event
January 2, 2015 | Reprints | Unlock LinkThe president of LEGO Systems will headline an economic summit next week hosted by the Connecticut Business & Industry Association.
United Bank Will Close Five Branches
December 31, 2014 | Reprints | Unlock LinkUnited Bank announced it will close four branches in Massachusetts and one in East Windsor in 2015.
Simsbury Bank Hosts Ladies ‘Tertulia\’
December 26, 2014 | Reprints | Unlock LinkSimsbury Bank last month sponsored the first Ladies Tertulia at Millwright\’s Restaurant and 1680 Tavern in Simsbury.
Federal Grand Jury Indicts Two For Wire Fraud
December 24, 2014 | Reprints | Unlock LinkA federal grand jury in New Haven this week returned an 11-count indictment against two men who authorities say defrauded more than 20 people out of millions of dollars in phony loan fees.
Chelsea Groton Bank Earns Top BauerFinancial Rating
December 23, 2014 | Reprints | Unlock LinkNorwich-based Chelsea Groton Bank has earned a five-star rating from Florida-based bank-rating firm BauerFinancial.
Webster Bank Names Hartford, Waterbury Regional Presidents
December 23, 2014 | Reprints | Unlock LinkWebster Bank has announced two new regional presidents in Connecticut.
Banking Commissioner To Retire In January
December 23, 2014 | Reprints | Unlock LinkState banking commissioner Howard Pitkin will retire in January after nearly 40 years of service with the State Department of Banking.
Bridgeport Men Plead Guilty To Robberies
December 22, 2014 | Reprints | Unlock LinkTwo Bridgeport men accused of a series of robberies recently pled guilty to the charges in Bridgeport federal court, according to a statement from U.S. Attorney for the District of Connecticut Deirdre M. Daly’s office.
Activist: JPMorgan Report To Outline Improved Controls
December 19, 2014 | Reprints | Unlock LinkJPMorgan Chase & Co will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder activist who has seen a draft.
Union Savings Bank Sponsors New Year\’s Eve Event
December 17, 2014 | Reprints | Unlock LinkUnion Savings Bank has joined several local organizations to sponsor Danbury’s New Year’s Eve celebration, First Night Danbury.
