Banking and Lending
U.S. Regulators To Vote On Final Bank Leverage Rules
April 8, 2014 | Reprints | Unlock LinkFinancial regulators will vote on Tuesday to finalize tough requirements for U.S. banks’ leverage that are expected to be stricter than the rules overseas firms must follow.
Amor-Baker Joins Chelsea Groton Bank
April 4, 2014 | Reprints | Unlock LinkChelsea Groton Bank has hired Marta Amor-Baker as a mortgage loan officer.
Savings Bank Of Danbury Supports Local Food Drive
April 3, 2014 | Reprints | Unlock LinkSavings Bank of Danbury employees participated in the recent Danbury Food Collaborative Food Drive, hosted by the United Way of Western Connecticut.
Sternlof, Kardestuncer, Giffen Elected Corporators At Dime Bank
March 31, 2014 | Reprints | Unlock LinkDime Bank elected three new corporators at its annual meeting on March 19.
Yellen Strongly Defends Easy Fed Policies, Cites U.S. Labor Slack
March 31, 2014 | Reprints | Unlock LinkFederal Reserve Chair Janet Yellen said on Monday the U.S. central bank’s “extraordinary” commitment to boosting the economy, especially the still struggling labor market, will be needed for some time to come.
Bank Teller Faces Sentencing For Theft
March 31, 2014 | Reprints | Unlock LinkA bank teller is facing sentencing for stealing from the CD accounts of mostly elderly customers.
Savings Bank of Danbury Awards $146K In Grants In 2013
March 28, 2014 | Reprints | Unlock LinkThe Savings Bank of Danbury Foundation has presented its 2013 grants totaling $146,610 to 53 agencies at receptions held in both Waterbury and Danbury.
Ion Bank Gives $5K To Saint Mary\’s Hospital Foundation
March 27, 2014 | Reprints | Unlock LinkNaugatuck-based Ion Bank Foundation has awarded a $5,000 grant to the Saint Mary’s Hospital Foundation.
Morris Joins Webster Bank
March 26, 2014 | Reprints | Unlock LinkWaterbury-based Webster Bank has hired Dawn C. Morris as its new executive vice president and chief marketing officer.
Washington Trust Bancorp Declares Dividend
March 24, 2014 | Reprints | Unlock LinkWashington Trust Bancorp Inc. declared a quarterly dividend of 29 cents per share for the quarter ending March 31.
All Big U.S. Banks But One Pass Fed’s Health Test
March 21, 2014 | Reprints | Unlock LinkU.S. big banks have enough capital buffers to withstand a drastic economic downturn, the Federal Reserve said on Thursday, announcing that 29 out of 30 major banks met the minimum hurdle in its annual health check.
Webster Bank Holds Financial Abuse Prevention Seminars
March 20, 2014 | Reprints | Unlock LinkWebster Bank today is holding its first of two upcoming seminars in Connecticut designed to help seniors and their families understand, identify and respond to fraud.
Savings Bank Of Danbury Hires DiDio
March 20, 2014 | Reprints | Unlock LinkMichael DiDio has joined Savings Bank of Danbury as a mortgage consultant for the Fairfield/Norwalk area.
A License To Bitcoin
By David Harris | Editorial Director | March 20, 2014 | Reprints | Unlock LinkConnecticut might want to take a cue from the Empire State when it comes to virtual currency regulation.
Salisbury Bancorp, Riverside Bank To Merge In All-Stock Deal
March 19, 2014 | Reprints | Unlock LinkLakeville-headquartered Salisbury Bancorp will merge with Poughkeepsie, N.Y.-based Riverside Bank in a $28 million all-stock deal expected to close in the third or fourth quarter this year.
Fed Poised To Trim Bond Buying, Rewrite Rates Guidance
March 19, 2014 | Reprints | Unlock LinkThe Federal Reserve is set to trim its bond-buying stimulus for a third time in a row on Wednesday, and will probably rewrite its guidance on when it might eventually raise interest rates.
Banks Complete Settlement Obligations
March 18, 2014 | Reprints | Unlock LinkBank of America, Chase, Citi and Wells Fargo have satisfied their consumer relief and refinancing obligations required by the National Mortgage Settlement, according to a statement released today by the Office of Mortgage Settlement Oversight.
Simsbury Bank The Latest Target Of Text Message Scam
March 17, 2014 | Reprints | Unlock LinkSimsbury Bank and the Simsbury police department are warning the public about a text messaging scam aimed at defrauding consumers who unwittingly give out their personal information.
GE Plans IPO For Consumer Lending Unit
March 14, 2014 | Reprints | Unlock LinkGeneral Electric is moving ahead with plans to spin off its North American consumer lending unit, and it aims to complete an initial public offering for the business later this year.
Report: Target Missed Early Alert Of Credit Card Data Breach
March 13, 2014 | Reprints | Unlock LinkA Target Corp. team of security experts, armed with a malware detection tool made by FireEye Inc., alerted company officials about a possible data breach on Nov. 30, but they failed to respond to the warning signs, according to a media report on Thursday.





