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Bank On Connecticut is one of close to 90 Bank On coalitions across the country working to connect the underserved population to the mainstream banking system.
To compile the list, 2,500 FDIC-insured U.S. banks were assessed based on 55 separate factors.
While hopeful that the federal government will make available some additional financial help, bank president and CEO Ken Weinstein says, "it’s pretty obvious that, right now at least, that we can’t count on that.”
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.
“We’re constantly discussing options for our customers in the face of hardship,” says Patriot Bank President Richard Muskus Jr. “We will do what we can as an organization to help them – the bank is not going to abandon them.”
Invoke the prefix “crypto” to most people, and negative thoughts are likely to follow; after all, dictionary.com defines the term as a noun meaning...
Newtown Savings Bank’s new tagline — “The Power of Local” — comes with what President Ken Weinstein says is a twist: They really mean it.
“We will struggle to grow by zero to 1 percent," forecasts Connecticut Business & Industry Association President and CEOJoe Brennan.
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.