Banking and Lending
Farmington Bank Adopts Online Mortgage Lending
August 20, 2010 | Reprints | Unlock LinkFarmington Bank has launched an online mortgage application on its website.
SBT Bancorp Announces Quarterly 12-Cent Dividend
August 20, 2010 | Reprints | Unlock LinkSBT Bancorp Inc., the holding company of Simsbury Bank, has declared a quarterly cash dividend of 12-cents per share.
Savings Institute Employees Give Grants To Charity
August 20, 2010 | Reprints | Unlock LinkWillimantic-based Savings Institute Bank & Trust Co. Employees’ Caring & Giving Program recently awarded second quarter contributions of $4,150 to 14 charitable organizations.
Small Conn. Banks Eye Each Other As Local Merger Market Heats Up

By Laura Schreier | Commercial Record Staff Writer | August 20, 2010 | Reprints | Unlock LinkEvery month, many of Connecticut’s bankers get together for drinks and talk at the Connecticut Community Bankers Association dinner. It’s a convivial gathering, where most faces are familiar – and it shows just how tight-knit the local banking industry is.
NewAlliance Bank Acquired By New York’s Niagara Financial Group
August 19, 2010 | Reprints | Unlock LinkNew Haven-based NewAlliance Bancshares, parent to NewAlliance Bank, has been acquired by New York-based Niagara Financial Group, according to published reports.
Survey: Credit Conditions Continue To Improve
August 19, 2010 | Reprints | Unlock LinkConnecticut businesses have reported that credit conditions are continuing to slowly improve, according to the Connecticut Business and Industry Association.
Naugatuck Savings Bank Participates In Lead Abatement Program
August 19, 2010 | Reprints | Unlock LinkNaugatuck Savings Bank has developed a new lead abatement lending program for residents in the Naugatuck Valley Health District.
CT BBB Says College Students Should Protect Selves Against ID Theft
August 18, 2010 | Reprints | Unlock LinkIn addition to learning how to manage money and pay bills on time, college students should also be taught how to protect themselves again identity theft, the Connecticut Better Business Bureau said.
Rod Rivera Named Managing Director For Citizen Financial Group\’s For-Profit Banking Division
August 16, 2010 | Reprints | Unlock LinkRod Rivera has been appointed by Citizens Financial Group as the managing director of its for-profit healthcare banking division in its Stamford office.
Rockville Financial Declares Another 6-Cent Dividend
August 16, 2010 | Reprints | Unlock LinkRockville Financial Inc., the parent company of Rockville Bank, has declared a quarterly dividend of 6 cents.
Former Conn. Bank VP Admits $1M Embezzlement
August 13, 2010 | Reprints | Unlock LinkA former local bank vice president has pleaded guilty to embezzling more than $1 million to gamble and pay his mortgage, credit card bills and car payments.
Conn. Community Bank Brings Aboard New Chief Credit Officer
August 12, 2010 | Reprints | Unlock LinkDeanna Cavanaugh has joined Westport’s Connecticut Community Bank as senior vice president and chief credit officer, as the bank looks to ramp up its lending activities.
Farmington Bank Sponsors Unique Avon School Literacy Program
August 12, 2010 | Reprints | Unlock LinkThe Farmington Bank Foundation, the charitable arm of Farmington Bank, recently donated $3,500 to Roaring Brook Elementary School in Avon as part of its sponsorship of the 2010 Hartford Stage Connections Program.
Rip Torn Applies For Probation In Salisbury Break-In
August 11, 2010 | Reprints | Unlock LinkEmmy-winning actor Rip Torn is requesting a form of probation to settle charges that he broke into a Salisbury bank while drunk and armed in January, thinking it was his home.
NEB Declares 2-Cent Dividend
August 10, 2010 | Reprints | Unlock LinkThe board of directors of Enfield-based New England Bancshares Inc., parent company of New England Bank, has declared a cash dividend for the quarter ended June 30 of 2 cents per share.
First County Bank’s Charitable Arm Donates $70K To Stamford Nonprofits
August 10, 2010 | Reprints | Unlock LinkStamford-based First County Bank Foundation, the charitable arm of First County Bank, has granted $70,500 to nine Stamford nonprofits.
Schmidt On Board As Darien Rowayton’s New CFO
August 9, 2010 | Reprints | Unlock LinkKenneth A. Schmidt has joined Darien-based Darien Rowayton Bank as the institution’s new senior vice president and chief financial officer.
Webster Bank Finances Mass. Fueling Co. For $13.5M
August 6, 2010 | Reprints | Unlock LinkWaterbury’s Webster Bank, the main subsidiary of Webster Financial Corp. has provided $13.5 million in financing for Diesel Direct Inc., of Stoughton, Mass.
Patriot National Bancorp Q2 Loss Narrows
August 6, 2010 | Reprints | Unlock LinkStamford’s Patriot National Bancorp Inc., the parent of Patriot National Bank, reported a loss of $1.4 million, compared to a net loss of $4.6 million for the same period last year.
Webster Brings Aboard New Chief Risk Officer
August 4, 2010 | Reprints | Unlock LinkDaniel H. Bley has joined Waterbury’s Webster Financial Corp., the holding company for Webster Bank, as executive vice president and chief risk officer, reporting to Jerry Plush, Webster’s senior executive vice president and chief financial officer.





