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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 making 3.0 Good to Go available to students with a verified 3.0 GPA or higher.
On its first day, the bank took in eight deposits totaling $15; today it has assets under management of over $1 billion.
He replaces Hal Wibling, who was interim CEO and continues to serve as chairman of the board.