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Banking & Finance

Webster to acquire health accounts from JPMorgan

Webster Bank parent Webster Financial Corp. said it has signed an agreement to acquire JPMorgan Chase’s health savings account business.

First National Bank of Suffield names CFO

The First National Bank of Suffield, which has four area branches, said it has hired Ronald J. Moccio Jr. as senior vice president and chief financial officer.

United Financial prices $75M debt issue

Glastonbury's United Financial Bancorp Inc. priced its $75 million bundle of subordinated debt, offering 5.75 percent interest on the 20-year notes.

People’s United names 12th board member

Bridgeport lender People’s United Financial said it has appointed William F. Cruger Jr. to a new 12th seat on its board of directors.

Regulators OK Bankwell-Quinnipiac merger

New Canaan lender Bankwell Financial Group Inc. says regulators have approved its merger with Hamden's Quinnipiac Bank and Trust.

United Financial opens $75M debt offering

Glastonbury’s United Financial Bancorp Inc. is issuing $75 million in debt just months after its cross-border merger with a Springfield area lender.

Simsbury's Landmark to acquire Canadian assets for $29M

Simsbury private equity and real estate company Landmark Partners said it will acquire pieces of Toronto-based Aberdeen International's investment portfolio for $29 million.

Time to end small business express program


Gov. Dannel P. Malloy announced last week a $100 million proposal to extend his Small Business Express program two more years, as part of a campaign promise to spur job growth,...

More lenders choosing CT's nimble bank overseer

Gregory Seay |

The recent wave of applications from a trio of Connecticut financial institutions seeking to swap their federal operating charters for state ones could signal a trend as community banks and credit...

People's United's Osella joins Team Berkshire

Berkshire Bank has hired veteran Connecticut banker David Osella to spearhead the Pittsfield, Mass., lender's commercial-banking prospects in this state.

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