Citigroup may be losing ground in a business that is central to its recovery plan, as rivals catch on to how much money the unit makes.

Stamford-based First County Bank has sponsored a van for transportation service Getabout. First County Bank Foundation also donated a $5,000 grant to the organization.

David Rotatori has been named executive vice president of Naugatuck Savings Bank.

Rockville Financial Inc., the holding company for Rockville Bank, expects to release financial results for the second quarter ending June 30 on Thursday, July 25.

The Federal Reserve Board this morning approved a final capital rule that aims to minimize the burden on smaller and less complex financial institutions, like community banks.

Naugatuck Valley Savings and Loan is now operating under OCC-imposed individual minimum capital requirements, the bank announced late last week.

Norwich-based Dime Bank recently awarded scholarships to ten local high school students.

New Jersey-based McCarter & English has received the Connecticut Fair Housing Center’s (CFHC) George J. and Patricia K. Ritter Pro Bono award.

A former Connecticut bishop was sentenced Thursday to serve 46 months in federal prison for operating an investment fraud scheme in which he defrauded his investors of nearly $500,000 and laundered the money through a bank that received TARP money, authorities said.

The Bank of America Charitable Foundation has awarded $466,000 in grants to Connecticut nonprofits, including many in Greater Hartford.

The New Canaan-headquartered BNC Financial Group is planning to change its name to Bankwell Financial Group, according to proxy statements submitted for its latest shareholder meeting.

Wells Fargo Advisors, through the Wells Fargo Housing Foundation, has given $20,000 to the Hartford area Habitat for Humanity

The Naugatuck Savings Bank Foundation has granted $5,000 to St. Margaret Willow Plaza Neighborhood Revitalization Zone (NRZ) Association Inc.

Glastonbury-based Bankers’ Bank Northeast and Chatham Financial have entered into a cooperation agreement.

Earlier this month, members of Swansea-based BayCoast Bank’s Just Right Crew visited the pediatric unit at St. Luke’s Hospital, donating books and crayons to the patients.

Middletown-based Liberty Bank today announced that it has completed its acquisition of the Southern Connecticut Bancorp Inc. and its subsidiary, The Bank of Southern Connecticut, headquartered in New Haven.

Jewett City Savings Bank has donated $1,256 to support summer reading programs at five local libraries.

A debt collection agency executive this week pleaded guilty to charges of bank bribery as part of a multi-year scheme to defraud its lender, Waterbury-based Webster Bank.

The final guidelines for compliance with Basel III are looming on the horizon, and the name of the game is capital requirements. How much is enough? How much is too much? Speaking to reporters recently in Chicago, Comptroller of the Currency Tom Curry suggested that the final set of rules might include some changes to the leverage ratio for big banks, but reiterated that regulators are still calibrating the capital requirements.