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March 26, 2013

Rockville Bank just can't let Joe Jeamel go

Contributed photo Joseph F. Jeamel Jr., in 2009, then Rockville Bank's chief operating officer with Linda Quirici, then nursing education manager at Eastern Connecticut Health Network.

Retired banker Joseph F. Jeamel Jr. and Rockville Financial Inc., the Vernon lender where he ended his career but is still a director and paid adviser, just can't seem to part with each other – so they've given themselves another 12 months to work things out, a regulatory filing shows.

Rockville Bank's parent's board of directors earlier this month voted a change to its bylaws to ban anyone age 70 or older, except for Jeamel, to stand for re-election to serve until the 2014 annual stockholders meeting or otherwise relieved of his duties, according to Rockville's latest 8-K filing with the Securities and Exchange Commission.

Jeamel, 72, retired as Rockville Bank's operations chief in 2010, after 20 years with the lender. He remains a consultant to the bank.

Last year, Rockville's directors executed a similar bylaw change, allowing Jeamel's re-election at the 2012 annual meeting to a one-year term that expires when stockholders meet this spring.

A Rockville Bank spokesman didn't immediately respond to an email Tuesday for comment.

Jeamel couldn't be reached for comment.

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