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Sixteen other Connecticut branches and three in Massachusetts will also be shut down.
The lawmakers said they are worried it will have adverse economic impacts in eastern Hartford County due to the high saturation of the two banks in the area.
Established in 1858 and headquartered in Hartford, United Bank is a full-service community financial services firm with $7.3 billion in assets.
Pending regulatory approval, the Westport branch would join United's other county-based full-service branch in Greenwich.
Applications for WBDC loans of $2,500-50,000 are being accepted now on a rolling basis.
Panelists at the annual Norwalk Chamber of Commerce Economic Outlook and Development Review hedged their forecasts amid the uncertainty over the incoming Trump administration's policies.
The Stamford-based Women’s Business Development Council — with additional offices in Shelton, Danbury, Hartford and Waterbury — is now a microlender.
A senior vice president for United Bank answers questions from the Business Journal on the bank's expansion into Fairfield County and more.