USB in the News

The Union Savings Bank Foundation Granted More Than $140,000 to Local Non-Profit Organizations

November 28, 2017

Consistent with Union Savings Bank’s mission of providing support to local organizations that serve and promote overall education to our neighbors, the USB Foundation recently distributed $140,700.
The award recipients were comprised of community partners that support educational programs that include youth development, art and nature education and the enrichment of lives of those with disabilitie…

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Union Savings Bank Announces Its First Community Hero to Celebrate Employees Whose Volunteerism Goes the Extra Mile

November 16, 2017

Union Savings Bank announced its new Community Hero Award designed to recognize employees whose selfless dedication to the betterment of others through volunteerism enriches local communities.
Union Savings Bank invites all employees to nominate a coworker who exemplifies what it means to be a Community Hero.
“Community giving is a part of our DNA,” said Union Savings Bank President and CEO, Cynth…

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Union Savings Bank Announces Another Successful Share the Love of Reading Book Drive

July 19, 2017

DANBURY, (July 19, 2017) – Union Savings Bank has continued its ongoing community commitment by supporting local schools and non-profit organizations with its 2nd annual Share the Love of Reading Book Drive. From March 1, 2017 through May 12, 2017, Union Savings Bank encouraged its employees and customers to join the community activities for children by donating new and gently used books.
Union Sa…

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Union Savings Bank Supports Schools in Connecticut with Teachers’ Closet Program

June 28, 2017

Donates School Supplies to Support Teachers Teachers in Need
DANBURY, (June 28, 2017) – Continuing its ongoing efforts to support schools in Connecticut and organizations in the communities it serves throughout Connecticut,  Union Savings Bank today announced it has selected Vogel-Wetmore School in Torrington and Morris Street School in Danbury as the first schools to receive free school supplies …

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Union Savings Bank Announces its Share the Love of Reading Book Drive

May 20, 2017

Donations can be made at any Union Savings Bank location
DANBURY, (May 3, 2017) – Union Savings Bank continues its ongoing community commitment by supporting local schools and non-profit organizations with its 2nd annual Share the Love of Reading Book Drive. Until May 12th, Union Savings Bank is encouraging everyone in its communities to donate new and gently used books for the K-5th grade age ran…

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Union Savings Bank unveils renovated Bethel branch

May 12, 2017

BETHEL — With features such as transactional pods and teller cash recyclers, it’s no wonder Union Savings Bank’s renovated and redesigned Bethel branch also serves as the community bank’s FutureTrack headquarters.
“I love it. It took a few years of planning, but I think we got it right,“ Union Savings Bank President and CEO Cynthia Merkle said of the branch at 24 Grassy Plain St. “From an engageme…

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State banking promotion encourages savings

March 06, 2017

DANBURY — It’s time to stop splurging and start saving.
Monday marked the start of America Saves Week and the accompanying state initiative Connecticut Saves Week. The week, coordinated by America Saves and the American Savings Educational Council, is designed to encourage and support low- and moderate-income households to save money, reduce debt and build wealth to archive their personal financia…

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Union Savings names Maguire branch manager

March 06, 2017

Union Savings Bank has announced the appointment of Jill M. Maguire as assistant vice president and senior branch manager of the bank’s Ridgefield branch, 100 Danbury Road.
Most recently a retirement planning specialist at Danbury-based Matson Financial Advisors, Maguire spent 18 years at Fairfield County Bank, where she held the titles of branch manager and business development officer.
A Univers…

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Securing Merchant Terminals and Ecommerce Systems

December 06, 2016

We recently received information from the Financial Services Information Sharing and Analysis Center, the Retail Cyber Intelligence Sharing Center and the United States Secret Service warning that criminals are targeting merchants who have not upgraded their gas pumps to accommodate EMV. Fuel pump owners should also take steps to protect their customer’s data from terminal skimming activities.
It …

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Union Savings Bank donates $25,000 to Ridgefield Theater Barn

November 29, 2016

By Chris Bosak, News Times

Photo: Contributed Photo / Hearst Connecticut Media
A group gathered as Union Savings Bank donated $25,000 to the Ridgefield Theater Barn. Pictured in photo, left to right, are: Wayne Leiss, Ridgefield Theater Barn Manager; Jill Mcguire, Union Savings Bank senior branch manager in Ridgefield; Pamela Jones, president of Ridgefield Theater Barn Board of Directors; …

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Bank Team Plans Bartender Event- Ridgefield Daily Voice

November 16, 2016

 
The Ridgefield Solutions Team of Union Savings Bank will host a celebrity bartender event at Gallo restaurant, 5 Grove Street, on Thursday, Nov. 10, from 6 to 9.
Guests will be invited to “over-tip” their favorite banker, who will serve as a guest “celebrity bartender.” Tips will support the Ridgefield A Better Chancehouse.
Team members include Jose Diaz Jr., Rhonda Leone, Jill Maguire, Patty Dy…

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Teams to the Rescue – Independent Banker

September 06, 2016

Teams to the Rescue
 

 
Connecticut bank mobilizes hands-on teams to boost branches
By Ed Avis, Independent Banker
Sometimes face-to-face interaction is simply the best way for employees, work teams and business units to get things done. Union Savings Bank, a $2.3 billion-asset community bank in Danbury, Conn., has demonstrated the power of regular personal contact through its Solutions Team mana…

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Mutual Savings Banks and Communities

August 05, 2016

By Cindy Merkle
Once upon a time, Danbury, Conn. was the epicenter of U.S. hat manufacturing. By 1866, one in six residents were making more than 1.2 million hats annually. In that year, Union Savings Bank was founded—a mutual institution to serve those thousands of hatters and the rest of the town, too.
While Danbury is still nicknamed the Hat City, the topper industry had frayed by the 1920s, as…

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How Mutual Savings Banks Catalyze Communities

July 30, 2016

By Cindy Merkle
Once upon a time, Danbury, Conn. was the epicenter of U.S. hat manufacturing. By 1866, one in six residents were making more than 1.2 million hats annually. In that year, Union Savings Bank was founded—a mutual institution to serve those thousands of hatters and the rest of the town, too.
While Danbury is still nicknamed the Hat City, the topper industry had frayed by the 1920s, as…

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This Connecticut bank’s sweepstakes promotion offers businesses the chance to win $10,000 in digital marketing

July 27, 2016

Union Savings Bank ($2.3 billion, Danbury, Connecticut) has a “Win $10,000 in Online Advertising and SEO for Your Business” campaign that’s helping the bank develop its relationship banking initiative.
Cynthia Merkle, President and CEO, says that the campaign stemmed from the bank’s desire to transform its advertising from traditional channels to digital.
“Our strategy with this offer is to drive …

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Danbury Pays Tribute To The Past As It Unveils ‘Hat Maker’ Monument

June 24, 2016

By Sandra Diamond Fox, Danbury Daily Voice
DANBURY, Conn. — About 100 people gathered outside City Hall on Monday afternoon for the unveiling ceremony of a monument created by a New Fairfield sculptor that pays tribute to Danbury’s Hatting days.
The 14-foot bronze and steel monument, named the “Hat Maker,” was created by David Boyajian, an adjunct professor of art at Western Connecticut State Univ…

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Union Savings Bank celebrates 150 years – News Times

June 23, 2016

By Chris Bosak, NewsTimes
DANBURY — Many Union Savings Bank customers say they don’t dread a trip to the bank. In fact, they downright enjoy it.
“It’s friendly and I feel comfortable here,” Danbury resident Mary Fredlund said. “It’s just a good bank.”
It’s a feeling the mutual bank has fostered for 150 years. To mark the milestone, Union Savings Bank has started a yearlong celebration that will in…

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Danbury’s Union Savings Bank marks 150 years with monument, rededication to customers

June 22, 2016

By Kevin Zimmerman, Fairfield County Business Journal
 
In an era of big, “too big to fail” banks, Danbury’s Union Savings Bank (USB) stands as proof that a steadfastly independent mutual bank can in its way be just as successful. For proof, look no farther than the fact that on June 20 it celebrated its 150th anniversary.
“Our commitment to mutuality certainly plays into it,” said USB President a…

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Union Savings Bank Celebrates 150 Years – Republican American

June 13, 2016

BY MICHAEL C. JULIANO, REPUBLICAN-AMERICAN
The country was in its first year of healing after the Civil War ended when a group of Danbury leaders assembled to found Union Savings Bank in their city.
It was 1866 and James S. Taylor, the bank’s first president and a descendant of Thomas Taylor, a city founder, brought together investors to open a bank named to reflect the country’s union, according …

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Union Savings Bank Celebrates 150th Anniversary

June 06, 2016

Sesquicentennial Pays Tribute to Bank’s Dedication to Innovative Client Service, Passion for Supporting Community, And Rich History of Helping Connecticut Grow
DANBURY, CT (June 6, 2016) – Signifying its 150th year as Connecticut’s preeminent mutual bank, Union Savings Bank has launched a year-long celebration that will pay tribute to its most influential accomplishments, honoring a rich history o…

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