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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.
Savings Bank of Danbury has 15 branch offices in Fairfield and New Haven Counties.
The bank is making 3.0 Good to Go available to students with a verified 3.0 GPA or higher.
Owned by the Danbury Museum and Historical Society, the building at 7 Mountainville Road was the original home of the bank.
On its first day, the bank took in eight deposits totaling $15; today it has assets under management of over $1 billion.
Shrinking donations and increased competition have left the county's nearly 6,000 nonprofits scrambling.
He replaces Hal Wibling, who was interim CEO and continues to serve as chairman of the board.
The Danbury area has an unusually high number of mutual banks, which have combined assets of more than $5.5 billion.
Fiserv, a Wisconsin-based financial services technology company, initiates a banking app project that brings a local bank and university together.