2023 was a tough year for many kinds of real estate lending last year, but banks, credit unions and mortgage companies active in Connecticut put in a strong showing, with some even managing to increase their loan totals year-over-year.
Ken Weinstein, the president & CEO of Newtown Savings Bank, was elected vice chairman of America’s Mutual Banks, a national association of prominent mutual banks dedicated to the preservation and advancement of mutuality for depository institutions.
Even as 2020 comes to an end, many of the storylines that dominated the year in banking and lending continue to evolve, likely shaping the industry for months and years to come.
Newtown Savings Bank plans to open its 15th branch next year when it expands into Bridgeport.
With the surge in coronavirus cases continuing, some Connecticut banks and credit unions have once again started shutting down their lobbies.
The Connecticut Bankers Association this month will honor its 2020 New Leaders in Banking, and Karin O’Brien, Newtown Savings Bank’s fraud and BSA officer, will be among the honorees.
The strength of demand for homes in the Hartford area helped push one local loan originator into the top ranks of his colleagues statewide.
Newtown Savings Bank has joined Webster Bank and People’s United Bank in offering no-interest loans to federal workers in Connecticut affected by the partial government shutdown.
Kenneth Weinstein has begun his tenure as the new president and CEO of Newtown Savings Bank.
Bill Hart is a consistent top-producing loan originator who likes a challenge.
After graduating into a very difficult job market in 1974, John Trentacosta said he would have taken a job in any sector. He considered himself lucky to land a job at Banker’s Trust Co. in New York, and from that moment forward, he fell in love with banking.
Newtown Savings Bank is looking ahead in anticipation of President and CEO John F. Trentacosta’s retirement.
Newtown Savings Bank recently announced it has hired a team of commercial lenders to join the bank at its regional lending center in Hamden.
Newtown Savings Bank has leased space at the Hamden Center II, located at 2321 Whitney Ave. in Hamden.
