Connecticut community bankers back bipartisan push to raise FDIC insurance cap from $250K to $10M for business accounts, saying it would level the playing field with big banks viewed as too big to fail.
Thomaston Savings Bank on Wednesday launched a new checking account designed to recognize and support veterans, active-duty military members and first responders.
Before Stephen Lewis ever ran a bank, he evaluated banks as an examiner for the Federal Deposit Insurance Corp. It provided valuable insight for what he would do later.
Thomaston Savings Bank, which has branches in Hartford and New Haven counties, said its net income in the first half of its fiscal year is up by 69 percent.
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