USB in the News
Joseph Vereline Joins Union Savings Bank as Vice President, Head of Business Banking
Will lead the bank’s new initiatives that streamlines the banking experience for small business owners.
Danbury, CONN. (January 5, 2023) – Union Savings Bank (USB) announces that Joseph Vereline has joined the bank as a Vice President, Head of Business Banking.
In his new role, Vereline will develop, manage, and oversee all aspects of business banking including lending, deposit services, and cr…
Thomas A. Ballachino Joins Union Savings Bank as Vice President, Senior Commercial Real Estate Lender
Danbury, CONN. (December 8, 2022) – Union Savings Bank announces that Thomas A. Ballachino has recently joined the bank as Vice President, Senior Commercial Real Estate Lender.
In his role, Ballachino will be responsible for origination and closing of commercial real estate loans and new business development.
“Tom has deep experience in all aspects of commercial real estate lending, and we are ver…
Suzanne Walsh Erno Joins Union Savings Bank as Vice President, Senior Commercial Real Estate Lender
Danbury, CONN. (November 22, 2022) – Union Savings Bank announces that Suzanne Walsh Erno has recently joined the bank as Vice President, Senior Commercial Real Estate Lender.
In her role, Erno will be responsible for developing and handling a variety of commercial real estate loan transactions as well as new business development throughout Connecticut.
“Suzanne is a proven leader in the commercia…
Shawn Gregory Joins Union Savings Bank as Vice President, Construction Lending Manager
Danbury, CONN. (November 17, 2022) – Union Savings Bank (USB) announces that Shawn Gregory has joined the bank as a Vice President, Construction Lending Manager.
In her new role, Gregory is responsible for the management of the bank’s construction portfolio as well as new business development for commercial lending. She works out of the Ridgefield office located at 100 Danbury Road.
Gregory brings…
Frank Giner Joins Union Savings Bank as a Residential Mortgage Loan Originator
Danbury, CONN. (November 14, 2022) – Union Savings Bank (USB) announces that Frank Giner has joined the bank as a Residential Mortgage Loan Originator.
In his new role, Giner will be responsible for educating existing and prospective customers about the variety of USB mortgage products available and guiding them throughout the lending process. Giner, who is bilingual in English and Spanish will wo…
Dianne Provenzano Joins Union Savings Bank as Vice President, Head of Treasury Services
Danbury, CONN. (October 4, 2022) – Union Savings Bank (USB) announces that Dianne Provenzano has joined the bank as a Vice President, Head of Treasury Services.
Provenzano is responsible for the development, marketing and delivery of the Bank’s non-credit corporate cash management and electronic banking services serving both corporate and municipal customers. She also provides oversight of the sal…
Union Savings Bank Foundation Donates $350,500 to 38 Connecticut Organizations
Danbury, CONN. (September 15, 2022) – The Union Savings Bank (USB) Foundation recently awarded $350,500 in funding to 38 local organizations in Connecticut as part of the 156-year-old, community bank’s ongoing effort to give back to those it serves.
Of the total amount, $254,500 was awarded to 22 non-profit educational programs and $96,000 was donated to 16 food pantries throughout the state.
Awar…
FutureTrack® by Union Savings Bank, a Goal-Based Planning Service Offers Unique Combination of Personal Coaching, Financial Insights and Digital Tools
The service is designed to help consumers plan and stay on track with life goals
Danbury, CONN. (September 7, 2022) – Union Savings Bank, a Danbury, Conn.-based community bank, announces the availability of “FutureTrack® by Union Savings Bank,” a goal-based planning service for customers. The program is designed to help customers achieve a variety of life goals – home ownership, starting a family,…
Sara Woods Joins Union Savings Bank as Director of Payment Services for Bank’s Innovation Center
Danbury, CONN. (June 30, 2022) – Union Savings Bank (USB) announces that Sara Woods has joined the bank as Director, Payment Services for the Bank’s Innovation Center.
In her role, Woods is responsible for the development, management, and revenue stream of payment products, including credit cards, debit cards, cash management, automated clearing house (ACH), demand deposit account (DDA), savings a…
Union Savings Bank’s Latest Net Promoter Score® Doubles the Banking Industry Average
NPS® helps businesses gauge the quality of their customer service.
Danbury, CONN. (May 23, 2022) – For the fifth consecutive year, Union Savings Bank’s Net Promoter Score® has increased, a strong indication that satisfaction among the bank’s customers continues to grow.
According to a study commissioned annually by USB, which was developed by ath Power Consulting, the bank’s Net Promoter Score® (N…
Union Savings Bank Selects Three New Corporators
Danbury, CONN. (May 11, 2022) – Union Savings Bank President and CEO Cynthia C. Merkle and Chair of the Board Lucie Voves are pleased to announce the election of three new corporators at Union Savings Bank’s recent annual meeting.
“We are delighted these three business leaders have joined Union Savings Bank as new corporators,” said Merkle. “Our corporators play a huge role as liaisons with the Co…
Union Savings Bank Board of Trustees Promotes Jeff McDonough to Executive Vice President
Danbury, CONN. (April 14, 2022) – Union Savings Bank (USB) announces that Jeff McDonough has been promoted to Executive Vice President, Human Resources and Community Relations and will join the bank’s Executive Management Committee. He will also continue to serve as a member of the bank’s Management Council. The announcement was made at a recent USB Board of Trustees meeting.
McDonough, whose expe…
Union Savings Bank Offers Zelle® in Its Mobile App
Zelle® Makes it Fast, Safe and Easy to Send Money Digitally to Those you Know and Trust with a Bank Account in the U.S.
Danbury, CT (March 17, 2022) – Union Savings Bank today announced that Zelle® is now live in its mobile app platform. Zelle® enables digital payments for more than 23,000 mobile banking customers.
“At Union Savings Bank, we continuously evaluate new products, services and technol…
Union Savings Bank 5th Annual Share the Love of Reading Book Drive & Libraries Yield Big Results with Community
Danbury, CT (March 3, 2022): As part of its 5th annual “Share the Love of Reading” book drive, Union Savings Bank recently collected over 2,000 new and gently used children’s books from its customers and staff. The books are now available for the public to take and keep at 28 USB branches and offices through the newly created “USB Share the Love of Reading Libraries.”
Union Savings Bank establishe…
Union Savings Bank Introduces “USB Spending Insights,” a Mobile Banking Tool that Enables Customers to Track Spending and Better Manage Finances
USB selected FIS, a global leader in financial services technology to launch the new mobile tool for customers.
Danbury, CT (December 1, 2021) – “USB Spending Insights,” a new AI-powered mobile app tool that enables customers to track spending and better manage their finances, is now available from Union Savings Bank (USB), announced Peter Scotch, SVP, Director of USB’s Innovation Center. Powered …
Theresa LaRock Joins Union Savings Bank as a Residential Mortgage Loan Originator and Jordan Sanford is Promoted to Residential Mortgage Loan Originator
Danbury, CONN. (November 9, 2021) – Union Savings Bank (USB) announces that Theresa LaRock has joined the bank as a residential mortgage loan originator and Jordan Sanford has been promoted to residential mortgage loan originator. Both will support the bank’s growing residential lending business.
“We are excited about the addition of Theresa to our team and Jordan’s new role at USB, as this will h…
Union Savings Bank Introduces “Early Payday” Service Allowing Customers Access to Paycheck Funds Up to Two Days Earlier
Early Payday is free for customers with a USB personal checking account and direct deposit.
Danbury, CT (October 13, 2021) – “Early Payday,” a new service that provides customers quicker access to their paycheck deposits – up to two days early – is now available from Union Savings Bank (USB), announced Peter Scotch, SVP, Director of Innovation Center. The service is free to USB customers that have…
Allison Knapp Joins Union Savings Bank as Vice President and Senior Commercial Lender
Danbury, CT (August 10, 2021) – Cynthia C. Merkle, President & CEO, Union Savings Bank (USB), is pleased to announce that Allison Knapp has recently joined the bank as vice president and senior commercial lender.
In her role, Knapp will be responsible for developing and handling a variety of commercial real estate and business loan transactions throughout Connecticut and Westchester County.
“With …
Union Savings Bank Foundation Donates $260,000 to 22 Connecticut Organizations
Danbury, CT. (June 23, 2021) – The Union Savings Bank (USB) Foundation recently awarded $260,000 in funding to 22 organizations in Connecticut as part of the 155-year-old, community bank’s ongoing effort to give back to those it serves.
Award recipients provide a wide-range of services to the community, including: supporting people with disabilities; providing educational and job-training opportun…
Union Savings Bank Emerges from Pandemic Stronger, But Plenty of Challenges Remain – Westfair Online
By Kevin Zimmerman, Westfair Online
Having apparently weathered the Covid storm, most business sectors are now considering their place not only in the present but also in the post-pandemic future — and banking is no exception.
“Most community banks are coming out of this stronger, certainly from a reputation perspective,” Union Savings Bank President and CEO Cynthia Merkle told the Business Journa…