The Naugatuck Savings Bank Foundation has granted $2,500 to Girls Inc. of Southwestern Connecticut.

Economic recovery throughout New England is on a slow, but steady uptick, according to the latest Beige Book released Wednesday by the Federal Reserve.

Herbert Allison Jr., a former Merrill Lynch & Co. president who also oversaw the U.S. government’s $700 billion bank-bailout program, died on Sunday at the age of 69.

Manhattan U.S. Attorney Preet Bharara said investment firms that repeatedly violate the law should be concerned that they will eventually be held accountable.

Norwich-based Dime Bank Foundation has awarded a $3,500 grant to the Jonnycake Center of Westerly.

Stamford-based First County Bank is the presenting sponsor the Greenwich Arts Council’s 2013 Greenwich Sand Blast. The bank also supports other Greenwich Arts Council arts education programs.

A small bipartisan group of senators on Thursday introduced legislation that would break up Wall Street’s megabanks by separating traditional banking activity from riskier financial services.

Webster Financial Corp., the holding company for Waterbury-headquartered Webster Bank, today announced a 12.4 percent increase in its net income to $46.3 billion for the quarter ended June 30 compared with $41.2 billion for the same time last year.

The regulatory burden on community banks has remained extremely high since the second quarter of 2012, according to a recent study released by a New Haven-based regulatory compliance firm.

As the Connecticut economy sputters back to life, at least one number might be a sign that some confidence is creeping back into the state, though as it seems to be the case across all economic indicators, Connecticut is dawdling behind the rest of the country.

Long before mobile banking, debit cards, Internet banking, and .net core systems produced miraculous results for banks. Certainly they drove massive change and generated great opportunities for bank technology companies. So what about mobile banking? Is it the miracle we envisioned years ago?

As the banking industry has changed, so has the importance of social media in banking.

Jewett City Savings Bank has awarded academic and community service scholarships to six local students.

Wethersfield-based Dutch Point Credit Union has donated $500 to the One Fund Boston, matching the contributions made by its employee and members.

Two more federal regulatory agencies this week approved an interim final Basel III rule that may leave a little breathing room for community banks, though feds did not allow smaller banks the total exemption many were hoping they would get.

Consumer delinquencies declined significantly in this year’s first quarter, falling in 11 out of 13 loan categories as consumers more carefully manage their finances, according a new report from the American Bankers Association (ABA).

Rockville Bank intends to shut its Enfield Street branch in Enfield this fall, President and CEO William Crawford said late last week.