Union Savings Bank

Former CT hospital system CEO elected bank board chair

Danbury-based Union Savings Bank said Dr. John M. Murphy has been elected chairman of its board of trustees, effective Feb. 2.

🔒CT bank launches youth banking program with high-yield savings

Union Savings Bank has introduced “GoalGetter,” a new banking program aimed at helping children and teens build financial skills.

🔒Expert’s Corner: Who’s really eating the tariff costs?

Most investors and observers around the world were stunned by the scope and ambition of President Trump’s...

Local attorney to lead national foundation’s board

A partner at the Bridgeport-based law firm of Koskoff Koskoff & Bieder has been named president-elect of...
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Union Savings Bank hire to focus on wealth management 

Danbury-based Union Savings Bank has hired Christopher Covello as a new vice president, wealth management certified planner...

FDIC report highlights technology’s importance to community banks

Community banks that invested more in technology before the pandemic in general made more loans and took...

🔒In wake of mega-mergers, no drastic pivots — yet — for CT’s community banks

Following two of the largest mergers and acquisitions Connecticut’s banking industry has ever seen, the chasm between larger lenders and community banks has widened even further.

Pandemic will lead to branch closures, but physical locations remain key for many bankers

Connecticut bank branches have been declining in number for the past decade, and closures reached new highs...
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CT banks struggle to make hay from pandemic-induced deposit flood

Connecticut bank accounts are positively brimming with cash, thanks to COVID-19 federal stimulus and the pandemic’s ongoing...

Berkshire launches equipment leasing division in Hfd.

Berkshire Bank said it has established a new business unit in Hartford focused on equipment leasing.
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