Banking and Lending
SI Financial Group Completes Acquisition Of Newport Bancorp
September 9, 2013 | Reprints | Unlock LinkWillimantic-based SI Financial Group Inc., the holding company for Savings Institute Bank and Trust Co., has completed its acquisition of Newport Bancorp Inc., the holding company for Newport Federal Savings Bank.
First County Bank Offers Hurricane Safety Tips
September 6, 2013 | Reprints | Unlock LinkFirst County Bank is helping customers prepare for hurricane season by providing them with tips on how to stay safe physically and financially during violent weather.
Waterbury TD Bank Promotes Barnard
September 6, 2013 | Reprints | Unlock LinkTD Bank has promoted Amanda Barnard to store manager of its Highland Avenue branch in Waterbury.
Nicastro Joins COCC
September 6, 2013 | Reprints | Unlock LinkThe Avon-headquartered core-processing firm COCC has hired Michael Nicastro to lead its sales and marketing activities beginning in October.
Hermann Nominated For ABA\’s Board Of Directors
September 5, 2013 | Reprints | Unlock LinkGeorge Hermann, president and CEO of Windsor Federal Savings & Loan, has been nominated to serve on the American Bankers Association’s (ABA) board of directors for 2013-2014.
Has Quantitative Easing Worked?
By Edward Hadas | Reuters | September 5, 2013 | Reprints | Unlock LinkIt has been nearly five years since the U.S. Federal Reserve slid into quantitative easing, the deployment of artificially created money into the bond market. QE could have been worse, and it should have been better.
Fray Joins Southport\’s DRB Mortgage
September 4, 2013 | Reprints | Unlock LinkDRB Mortgage, a division of Darien Rowayton Bank, has named Brendon Fray as senior mortgage banker in its new Southport office.
Webster Bank Exec Named To Special Olympics Board
September 3, 2013 | Reprints | Unlock LinkChristopher Motl, senior vice president and director of middle market segment banking at Webster Bank, was recently named to the Special Olympics Connecticut board of directors.
Glastonbury TD Bank Promotes Jones
September 3, 2013 | Reprints | Unlock LinkTD Bank has promoted Caroline Jones to account manager in government banking in Glastonbury.
SI Financial Announces New Merger Agreement Terms
September 3, 2013 | Reprints | Unlock LinkSI Financial Group, the holding company for the Willimantic-headquartered Savings Institute Bank and Trust Co., today announced new terms of its merger agreement with Newport Bancorp, per the votes of the latter’s shareholders.
People’s United Gives $100K For School Supplies
August 30, 2013 | Reprints | Unlock LinkBridgeport-based People’s United Community Foundation has given a $100,000 grant to DonorsChoose.org.
FDIC Q2 Banking Profile: Net Income Up, Problem Banks Down
August 30, 2013 | Reprints | Unlock LinkNet income at FDIC-insured institutions continued to rise during the second quarter, boosted primarily by increasing noninterest income and falling loan losses, the agency said this week.
United Bank Promotes Ouellette
August 29, 2013 | Reprints | Unlock LinkDenise Ouellette has been promoted to personal banker at United Bank’s Mountain Road branch in Suffield.
Responsibility For Today\’s Technologies Starts In The Board Room
By Barry Libert | Special To The Commercial Record | August 29, 2013 | Reprints | Unlock LinkDigital technologies, including social media, smartphones, the cloud and big data, have transformed our personal lives. The bottom line: It’s time to turn those technologies into business benefits, particularly when it comes to corporate governance, organizational strategy and capital allocation.
First County Bank Gives $20K To Norwalk Oyster Festival
August 28, 2013 | Reprints | Unlock LinkStamford-based First County Bank, presenting sponsor of the 36th Annual Norwalk Seaport Association’s Oyster Festival, has given $20,000 to organization in support of the festival.
Webster Taps Mhatre To Head Personal Bank
August 28, 2013 | Reprints | Unlock LinkWebster Bank has chosen Nitin Mhatre, executive vice president, to head its personal bank.
Sudol Joins SBT
August 27, 2013 | Reprints | Unlock LinkRichard Sudol has joined SBT Bancorp, the holding company for Simsbury Bank, as senior vice president and chief financial officer of both the bank and its holding company.
Webster Bank Opens Flagship Banking Center In Waterbury
August 27, 2013 | Reprints | Unlock LinkWebster Bank’s new flagship banking center opened in Waterbury on Monday.
First County Bank Foundation Donates $80K To Darien, New Canaan Nonprofits
August 26, 2013 | Reprints | Unlock LinkThe First County Bank Foundation recently gave $80,484 in grants to 15 nonprofits in Darien and New Canaan.
Kelly Joins Litchfield Bancorp In Torrington
August 26, 2013 | Reprints | Unlock LinkLitchfield Bancorp has named McKenzie Kelly as its new assistant vice president for commercial lending. She is based in the bank’s Torrington office.





