Rhode Island-based Citizens Financial Group, parent company of Citizens Branch, has announced plans to brand nearly 600 ATMs at Cumberland Farms convenience store locations in New England and the Mid-Atlantic, including 60 in Connecticut.

Healthy increases in loans, deposits and revenues helped Simsbury’s SBT Bancorp, the parent company of Simsbury Bank & Trust Co., record net income of $273,000 in the second quarter, from $221,000 recorded during the same period last year.

With help from the Federal Home Loan Bank of Boston, Waterbury’s Webster Bank has provided more than $20 million in financing for a New Britain specialized care hospital to help fund a new facility and refinance existing debt.

The federal Office of Thrift Supervision has recognized Bridgeport’s People’s United Bank as “outstanding” in its compliance with federal Community Reinvestment Act (CRA) standards.

People’s United Bank has established a fund to benefit the families of two Bridgeport firefighters killed in a fire last week.

In one fell swoop, McCue Mortgage Co. added 2,600 loans to the 10,000 it already serviced, thanks to a dissatisfied Countrywide customer.


Willimantic’s SI Financial Group Inc., owner of Savings Institute Bank and Trust Co., reported a turnaround in its finances, posting a net income of $713,000 for the second quarter, compared to a net loss of $619,000 a year earlier.

People\’s United Community Foundation, the philanthropic arm of Bridgeport\’s People\’s United Bank, has donated $20,000 to the Connecticut Food Bank.

New Haven’s NewAlliance Bancshares Inc., the holding company for NewAlliance Bank, said its profits jumped to $16.3 million in the second quarter from $10.1 million in the second quarter of 2009

The parent company of Hudson Valley Bank, which has branches in New Haven and Fairfield counties, said it had a net loss of $11 million in the second quarter mainly due to a significant increase in loan loss provisions.

The charitable foundation of Stamford’s First County Bank has donated $70,000 to nine Stamford nonprofits serving various causes for children, young families and older adults in Fairfield County.

After a bumpy 12 months that included efforts to shape up its capital levels, Darien Rowayton Bank has appointed Albert L. (Bert) Knotts as its new CEO and director, replacing former CEO John Bowes.

Essex Savings Bank has increased its assets by $13 million and deposits by $15 million in the first nine months of its fiscal year, the bank president announced at its annual meeting earlier this month.

Middletown’s Liberty Bank said it will acquire Connecticut River Community Bank.

A $205 million provision for loan losses helped contribute to a second quarter loss of $116.4 million at Delaware’s Wilmington Trust Corp., which has offices in Stamford and Guilford.

Bridgeport’s People’s United Bank has announced that interim President and CEO John P. (Jack) Barnes will take over the job on a permanent basis, effective immediately.

The U.S. Department of Housing and Urban Development said it will launch multiple investigations into the lending practices of certain mortgage lenders to determine if they illegally denied families mortgages because the mother is pregnant or a family member is experiencing a short-term disability.