Willimantic’s SI Financial Group Inc., the holding company of Savings Institute Bank and Trust Co., has reported net income of $959,000 for the quarter ended Dec. 31, 2010, up from $620,000 in net income for the same period in 2009.

Rockville Financial Inc., the parent of Rockville Bank, has declared its 19th consecutive dividend since becoming a public company in spring 2005.

Fixed 30-year mortgage rates in the 5 percent range? Minimum down payments below 5 percent? Jumbo-sized home loans for high-cost markets at regular interest rates? Kiss them all goodbye – possibly sooner than you might guess.

State Banking Commissioner Howard F. Pitkin has responded to public concerns regarding the proposed merger of NewAlliance Bank and First Niagara Bank, National Association by scheduling public hearings.

While 2010 was a difficult year for banks to sell annuities, there are glimmers of hope for 2011, according to a new report by Windsor-based Kehrer-LIMRA.

The fourth quarter 2010 dividend at Enfield bank holding company New England Bancshares Inc. has been set at 3-cents per share by the company’s board.

The Obama administration nailed a ‘condemned’ sign on the wrecked U.S. housing finance system on Friday, but did not offer a clear blueprint for a rebuilding project that could go on for years.

First County Bank has created a scholarship program in honor of its outgoing chairman and CEO. The Richard E. Taber Citizenship Award will honor high school students living in lower Fairfield County who consistently demonstrate good citizenship at school, at home and in the community.

Sikorsky Credit Union believes that knowledge is the key to attaining financial literacy. To prepare consumers for their financial tomorrow, it\’s imperative to start young.

While 2010 was a year full of surprises and setbacks for the credit union industry, the Credit Union League of Connecticut made remarkable strides in serving credit unions in the state.

Technology has not only changed how we communicate, but it has also changed the way we stay in touch with each other, and the ways we live, think, interpret and judge one another. As a result, traditional means of interaction are no longer as effective as they used to be. We\’ve experienced a fundamental shift in our communication.

Complying with new or revised regulations used to be a somewhat predictable and orderly process. Rule changes were infrequent. And when changes came, credit union staffs could usually follow the new language with a minimum of guidance.

Credit Unions have one important thing in common: the philosophy of people helping people.

The Savings Institute Bank & Trust Co.\’s ability to quickly raise more than $50 million recently is a good sign for both the bank itself and the bank investment market in general.

Webster Bank has entered a marketing partnership with Boston Celtics star Ray Allen to expand its brand across New England.

The Jewett City Savings Bank Foundation has awarded a total of $3,300 in support of existing and emerging charitable causes in the community.

SBT Bancorp Inc., the holding company for Simsbury Bank & Trust Co., has reported $1.15 million in net income for the year ended Dec. 31, 2010, up from $718,000 during the same period in 2009.

Sales of annuities through banks in December ended the year with a promising lift, specifically for variable business, according to a recent survey.