SI Financial

The planned $180 million merger between Windham lender Savings Institute Bank & Trust Co. and Massachusetts regional...

Savings Institute Bank parent SI Financial said its third-quarter net income rose nearly 21 percent, thanks to a combination of higher interest income and lower income taxes.

The parent of Windham's Savings Institute Bank & Trust, which has several bank branches in Greater Hartford, has added its name to the list of companies that will increase wages as a result of the recent federal tax cuts.

SI Financial Group Inc., the holding company for Savings Institute Bank & Trust, has been added to the Russell 3000 index and Russell 2000 Index.

The Windham parent of Savings Institute Bank & Trust Co. posted lower third-quarter net income.

Rheo Brouillard, president and CEO of Willimantic-based Savings Institute Bank and Trust Co., travels to Washington, D.C., about every other month to advocate on behalf of community banks and reasonable regulations.

Windham lender Savings Institute Bank & Trust is closing its East Lyme branch this fall, citing customers' growing use of online banking and other self-service options.

The Windham parent of Savings Institute Bank & Trust posted flat second-quarter earnings.

Willimantic-based SI Financial Group said it has appointed Dennis Pollack to its board of directors as well as the board of Savings Institute Bank, under an agreement with activist investor Lawrence Seidman.

SI Financial Group Inc., buoyed by the Windham community lender's push into Rhode Island's banking market, saw its fourth-quarter and fully-year net income climb.