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Bankers see minimal risk in interest rate hikes

Even another interest-rate increase or two shouldn't be overly concerning for small businesses and home-owners, the bankers say.

Newtown Savings Bank receives approval to reorganize as holding company

The mutual holding company will be established officially in the first quarter of 2017.

Newtown Savings Bank seeking to become holding company

The move is designed to allow the bank access to capital that it cannot secure under its current status as a mutual bank.

Newtown aims to become destination with Village at Lexington Gardens development

The Village at Lexington Gardens, a multibuilding commercial complex, on the site of longtime home and garden store Lexington Gardens will occupy 72,000 square feet at a cost of $10 million to $12 million.