USB in the News
Frank Sottosanti Joins Union Savings Bank as SVP Director of Brand & Innovation
Danbury, CONN. (November 4, 2024) – Union Savings Bank (USB) announces that Frank Sottosanti has joined the bank as senior vice president, director of brand and innovation.
In his new role, Sottosanti is responsible for overseeing an integrated team including marketing, digital services, and payment services. The team seeks to leverage creativity and innovation to deliver a customer-centric approa…
Union Savings Bank Collects Over 5,000 Items to Support Local Students Through 8th Annual “Stock the Closet” Initiative
DANBURY, CT (October 29, 2024) – Union Savings Bank (USB) has proudly wrapped up its 8th annual “Stock the Closet” drive, an initiative aimed at providing much-needed school supplies to students across western Connecticut. This year, thanks to the overwhelming generosity of customers, employees, community members, and donors, more than 5,000 essential items were collected—ranging from backpacks an…
Read More“Your Bank, For Life” as Seen in Fortune/Forbes
Headquartered in Danbury, Union Savings Bank offers a wide range of financial services for individuals, businesses, nonprofits, and government entities alike across the state. Its rich history dates back to 1866, when the bank’s first president, James Taylor, worked with other esteemed community members to promote the value of saving and safeguarding their peers’ assets. Today, under the leadershi…
Read MoreUnion Savings Bank Foundation Awards $300,000 to 31 Connecticut Organizations
Danbury, CONN. (July 29, 2024) – The Union Savings Bank (USB) Foundation recently awarded $300,000 in funding to 31 local organizations in Connecticut as part of the 158-year-old community bank’s ongoing effort to give back to those it serves.
The 2024 grant recipients provide wide-ranging services to the community, including: educational and literacy programs; youth enrichment and developmental…
Union Savings Bank Launches Rapid Loan and Line of Credit Programs to Help Small Businesses Fast-Track Lending Process
Danbury, CONN. (May 9, 2024) – Union Savings Bank announces the introduction of a new suite of Rapid Loans designed to help qualified small business owners access funding quickly and easily. The Rapid product suite includes both term loans and lines of credit with a maximum loan amount of $50,000.
According to Marlene Piche, EVP Consumer and Business Banking, “As a community bank, we look to suppo…
Union Savings Bank Selects Six New Corporators
Danbury, CONN. (April 8, 2024) – Union Savings Bank President and CEO Chelen Reyes and Chair of the Board Lucie Voves are pleased to announce the election of six new corporators at Union Savings Bank’s recent annual meeting.
“We are very pleased that these six business leaders have joined Union Savings Bank as new corporators,” said Reyes. “They bring a wealth of knowledge to USB, have deep connec…
Union Savings Bank Board of Trustees Promotes Marlene Piche to Executive Vice President
Danbury, CONN. (February 12, 2024) – Union Savings Bank (USB) announces that Marlene Piche has been promoted to Executive Vice President. In her new role, Piche will oversee branch banking, business banking, the call center, as well as treasury and merchant services. She will continue serving as a member of the bank’s Management Council. The announcement was made at a recent USB Board of Trustees …
Read MoreRichard Evanko Joins Union Savings Bank as Vice President, Senior Commercial Loan Officer
Danbury, CONN. (December 4, 2023) – Union Savings Bank announces that Richard Evanko has joined the bank as vice president, senior commercial loan officer.
In his role, Evanko is tasked with providing excellent service to USB’s commercial portfolio clients in addition to establishing new middle market commercial and industrial, and not-for-profit relationships throughout Fairfield and Litchfield C…
Union Savings Bank Adds Brookside Elementary School to USB Teachers’ Closet School Supply Program & Delivers Over 15,000 Items at Event in Norwalk
Over 50,000 items have been donated to area schools since its inception
DANBURY, (September 21, 2023) – Union Savings Bank is excited to announce the addition of Brookside Elementary School in Norwalk to its USB Teachers’ Closet school supply program. Chelen Reyes, President and CEO of Union Savings Bank and Michele Bonvicini, Executive Director, Union Savings Bank Foundation, along with USB emp…
Kostantinos “Gus” Kasparis Joins Union Savings Bank as AVP, Senior Branch Manager for New Norwalk Branch & Advice Center
Danbury, CONN. (August 30, 2023) – Union Savings Bank (USB) announces that Kostantinos “Gus” Kasparis has joined the Bank as assistant vice president, senior branch manager of its new full-service branch located at 454 Main Avenue, Norwalk.
In his role, Konstantinos is responsible for the overall direction of the branch, new business development, and working to build rapport within the Norwalk com…
Kimberly Downey Joins Union Savings Bank as a Vice President, Trust Officer & Fiduciary Advisor
Danbury, CONN. (August 8, 2023) – Union Savings Bank (USB) announces that Kimberly Downey has joined the bank’s wealth management team as Vice President, Trust Officer & Fiduciary Advisor.
In collaboration with the Union Savings Bank wealth management team, Downey is responsible for providing wealth management services to USB customers including her strengths in trust administration and estate pla…
Union Savings Bank Announces Executive Management Changes
Cynthia C. Merkle retiring as CEO; Chelen Reyes elected as successor
DANBURY, CONN., August 1, 2023 – The Union Savings Bank Board of Trustees announced today that Cynthia C. Merkle is retiring as CEO of the community bank effective later this month. Current President Chelen Reyes has been elected to serve as both President and CEO.
“It has been an honor to work with the amazing people throughout …
Union Savings Bank Opens New Branch & Advice Center in Norwalk Supported by Solutions Teams
USB Charitable Foundation donates more than $5,000 to Norwalk Food Pantry
Norwalk, CONN. (July 25, 2023) – Union Savings Bank CEO Cynthia C. Merkle announces that a new full-service branch and Advice Center has officially opened in Norwalk, Connecticut. Located at 454 Main Avenue, the new office will be supported by the Bank’s Solutions Teams, a group of local specialists that offer customized pe…
Union Savings Bank Foundation Donates $275,000 to 25 Connecticut Organizations
Danbury, CONN. (July 20, 2023) – The Union Savings Bank (USB) Foundation recently awarded $275,000 in funding to 25 local organizations in Connecticut as part of the 157-year-old community bank’s ongoing effort to give back to those it serves.
Of the total amount, $252,500 was awarded to 21 non-profit educational programs and $22,500 was donated to four food pantries throughout the state.
The 2023…
Joseph Chelednik Joins Union Savings Bank as a Residential Mortgage Loan Originator
Danbury, CONN. (June 20, 2023) – Union Savings Bank (USB) announces that Joseph Chelednik has joined the bank as a residential mortgage loan originator.
In his new role, Chelednik will be responsible for originating residential mortgages including purchase and refinance, primary mortgages, as well as second and investment homes. Chelednik will work out of the Ridgefield branch, 100 Danbury Road a…
Union Savings Bank Selects Five New Corporators
Danbury, CONN. (MAY 17, 2023) – Union Savings Bank CEO Cynthia C. Merkle and Chair of the Board Lucie Voves are pleased to announce the election of five new corporators at Union Savings Bank’s recent annual meeting.
“As a mutual bank that is dedicated to the community, the role of the corporator is vitally important to Union Savings Bank,” said Merkle. “They help us form a valuable link between t…
Jennifer Ingram Elected to The Board of Trustees at Union Savings Bank
Danbury, CONN. (May 4, 2023) – Lucie H. Voves, Chair, Union Savings Bank (USB) Board of Trustees, today announced that Jennifer Ingram, head of marketing planning and acquisition at Charter Communications, has been elected to the USB Board of Trustees.
“We are delighted to welcome Jennifer as a new USB Trustee,” said Voves. “Jennifer’s expertise in strategic marketing and proven success with custo…
Union Savings Bank to Open New Branch & Advice Center in Norwalk Supported by Solutions Teams
USB also expands access to its Charitable Foundation
Norwalk, CONN. (April 27, 2023) – Union Savings Bank CEO Cynthia C. Merkle announces that a new full-service branch and Advice Center will be opening in Norwalk, Connecticut in late spring. Located at 454 Main Avenue, the new office will be supported by the Bank’s Solutions Teams, a group of local specialists that offer customized personal and …
Anthony W. Cirone, Jr. Elected to The Board of Trustees at Union Savings Bank
Danbury, CONN. (February 28, 2023) – Lucie H. Voves, Chair, Union Savings Bank (USB) Board of Trustees, today announced that Anthony W. Cirone, Jr., CPA and Managing Partner at Cironefriedberg LLP has been elected to the USB Board of Trustees.
“We are pleased to welcome Tony as a new USB Trustee,” said Voves. “With his extensive background in the financial services industry and strong ties to the …
Chelen Reyes Named President at Union Savings Bank
Danbury, CONN. (January 31, 2023) – Union Savings Bank, a Danbury, Conn.-based community bank, is pleased to announce that Chelen Reyes will become the Bank’s next President beginning in February.
“As we conducted our search for the next President of Union Savings Bank, Chelen rose to the top, embodying so many of the qualities we believe are necessary to lead this institution well into the future…