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Newtown Savings Bank picking up customers from larger banks, expanding locations

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.”

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.