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Cynthia Merkle thinks 2022 “is going to be a difficult year. We really have to watch our expenses.”
“A lot depends on how quickly people go back to their old behaviors,” the Danbury bank's president and CEO says.
"It’s particularly meaningful since the ranking comes from customer feedback," remarked USB President and CEO Cynthia Merkle.
As of Jan. 24, the SBA reports approving 4,787 loans for nearly $479.2 million in Connecticut during the new round.
Mark Boughton, who is in the midst of his record 10th term as the city’s mayor, will begin his new job on Dec. 18.
Union Savings Bank, Savings Bank of Danbury, and Newtown Savings Bank have formed a fundraising alliance, “Feeding Our Neighbors Community Challenge,” through which the banks have donated a total of $45,000 to benefit the Danbury Food Collaborative.
The bank is rolling out various employee retaining programs and doubling down on growing its small commercial business.