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Banks’ message to small businesses, individuals: ‘We’re there for you’

“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.”

Facebook’s cryptocurrency Libra finding few friends in government, banking industry

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 making ‘Power of Local’ rebrand more than just...

Newtown Savings Bank’s new tagline — “The Power of Local” — comes with what President Ken Weinstein says is a twist: They really mean it.

Banks leading efforts to help affected workers during shutdown

Still looming: the effect of the Small Business Administration's closure. “We’ve got loans that have been approved or are in the process of being approved that are waiting for the SBA,” says Patriot Bank President Richard Muskus Jr. “The SBA had better be ready for a tidal wave of backlog.”

Union Savings Bank seeks approval to reorganize as mutual holding company

The Danbury-based bank will continue to operate as usual with its customers regardless of whether the Connecticut Department of Banking approves the move.

Anthony F. Giobbi: Why every community needs a community bank

There is a common misconception that community banks, especially the smaller ones, are limited in the types of services and state-of-the-art technologies they offer their customers.

Suite Talk: Kenneth Weinstein at Newtown Savings Bank

"With the community bank model, especially with mutual savings banks, it’s such a win/win/win, for the bank, its customers, the community and the employees," Weinstein says. "I feel very fortunate to have more or less fallen into this industry."

Newtown Savings Bank announces new corporators

Among the four is Kenneth L. Weinstein, who became the bank's president and CEO on Jan. 1.

Business leaders: Uncertainty, unsettled issues cloud 2018 forecast

“We will struggle to grow by zero to 1 percent," forecasts Connecticut Business & Industry Association President and CEOJoe Brennan.

New Newtown Savings location

The Newtown Savings Bank is relocating to 32 Church Hill Road, opening at the new address on Sept. 25.

Newtown’s Lexington Gardens slow to fill but sees momentum

Although there are only three tenants at The Village at Lexington Gardens since it opened last spring, more are expected soon at the 65,000-square-foot complex.

Newtown Savings Bank announces succession plan

Among other moves, Kenneth L. Weinstein will succeed John F. Trentacosta as president and CEO effective Jan. 1, 2018.

Commercial banking in Fairfield solid if not spectacular

The real challenge in today's environment is identifying and hiring new lending talent, bankers say.

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.