September 19, 2018
Deal Watch Today

Liberty Bank set to occupy new HQ

PHOTO | Contributed
PHOTO | Contributed
A rendering of Liberty Bank's new Middletown headquarters campus at at 245 Long Hill Road.

Liberty Bank is ready next month to begin consolidating for the first time nearly 300 workers into its new Middletown headquarters campus.

The $4.8 billion-asset community lender says it has finished renovations, including a new roof and interiors, for the once-vacant, 90,000-square-foot former home to The Weekly Reader and Xerox on 23 acres at 245 Long Hill Road. Liberty acquired the property in 2016.

Liberty said it invited its executives, directors, community leaders and others to its Oct. 5 ribbon-cutting and grand opening celebration, beginning at 8:30 a.m. Tours of the space will be offered.

Established in 1825 and now Connecticut's oldest bank, Liberty has 55 banking offices in the state.

A Liberty spokeswoman said staffing moves will begin in October. Its corporate operations are currently spread across three locations -- 291 Main St., 315 Main St., and 55 High St. 315 Main, housing about 100 workers and serving as its flagship branch office, will remain open.

The other two will serve as "transition sites'' for storing surplus office furnishings and equipment until the buildings can be sold, she said.

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