Rockville Bank has invested $500,000 to fund the national “Senior Crimestoppers Program” at a Tolland senior housing facility.

Willimantic’s SI Financial Group Inc., the holding company of Savings Institute Bank and Trust Co., has reported $838,000 in net income for the quarter ended Sept. 30, more than doubling its profits of $378,000 during the same period last year.

Federal prosecutors said a former Connecticut bank vice president has been sentenced to serve more than four years in prison for embezzling $1 million to gamble and pay his mortgage, credit cards and car payments.

SBT Bancorp Inc., the holding company for Simsbury Bank & Trust Co., has reported $314,000 in net income for the third quarter, up from $160,000 in net income during the same period last year.

Net income rose to $13.9 million in the third quarter at NewAlliance Bancshares Inc., the holding company for NewAlliance Bank, up from $12.6 million during the same period last year.

Torrington Savings Bank has been awarded the innovative lender award by Mortgage Technology Magazine.

The board of directors of Waterbury’s Webster Financial Corp., the holding company for Webster Bank, has declared a regular quarterly cash dividend 1-cent per common share.

Bank of America Corp. acknowledged some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases, according to reports.

Bridgeport’s People’s United Financial, parent company of People’s United Bank, has reported net income of $24.1 million in the third quarter, down slightly year-over-year, but up more than 50 percent from the second quarter.

The U.S. Small Business Administration (SBA) has opened disaster loan outreach centers in Bridgeport and Stratford to provide assistance to homeowners, renters, businesses and most private, nonprofit organizations affected by severe storms in June.

LSB Corp., parent company of Massachusetts-based River Bank, has reported net income of $1.1 million for the third quarter, down from $1.3 million during the same period last year.

New Jersey-based Hudson City Bancorp, which operates nine branches in southwestern Connecticut under its Hudson City Savings Bank brand, has reported a 7.7 percent dip in year-over-year net income in the third quarter as low interest rates negatively impacted its net interest margin.


Homeowners, and at times the government, have long complained that banks and other companies that service mortgages aren\’t good at their job of collecting monthly payments, modifying loans and processing foreclosures. 


Enfield’s New England Bancshares Inc., the holding company for New England Bank, reported net income of $849,000 for the quarter ended Sept. 30, up from $301,000 reported for same time period a year ago.

Farmington Bank will celebrate the opening of its first branch in Berlin with a grand opening celebration at the new location at 1191 Farmington Ave. on Oct. 30.

State residents and businesses affected by the June 24 severe storm and tornado in Fairfield County can apply for low-interest disaster loans from the U.S. Small Business Administration (SBA).

Mortgage applications nationwide slumped last week as interest rates on 15- and 30-year fixed-rate mortgages rose for the first time in six weeks, data from an industry group showed today.