USB in the News
City of Danbury, Union Savings Bank Offer Relief to Federal Employees and Families Affected by Shutdown
Bank to waive monthly fees, offer interest-free loans and conduct food drive
Danbury (January 17, 2019) – Mayor Mark Boughton, the City of Danbury and Union Savings Bank announced in a press conference earlier today that they will be offering several initiatives to provide relief for federal employees and their families affected by the government shutdown.
“Union Savings Bank is here to help our c…
The Union Savings Bank Foundation Granted Over $200,000 to Local Non-Profit Organizations
2018 grant recipients gather for a photo during the annual USB Foundation Reception that took place on November 6, 2018.Danbury (November 27, 2018) – As part of Union Savings Bank’s commitment to making meaningful and positive contributions to individuals, families, businesses and the communities it serves, the USB Foundation recently distributed nearly $203,000 to 18 non-profit organizations.
Union Savings Bank Adds South Street Elementary School to USB Teachers’ Closet School Supply Program
Bank delivers donated supplies to elementary school principal, teachers
DANBURY, (October 18, 2018) – Union Savings Bank is excited to announce the addition of South Street Elementary School to its USB Teachers’ Closet school supply program. Cynthia Merkle, President and CEO of Union Savings Bank, and Michele Bonvicini, Director of Community Relations of Union Savings Bank, delivered the first rou…
Union Savings Bank Kicks Off its 2018 USB Teachers’ Closet School Supply Drive
Program grows to include a signature sponsor and new social media driven elements
DANBURY, (August 8, 2018) – Union Savings Bank is excited to kick off its 2018-2019 USB Teachers’ Closet Supply Drive by announcing the addition of new social media-driven elements that will encourage greater community participation and will drive monetary donations.
“We are thrilled to kick off the new school year w…
Union Savings Bank Selects Four New Corporators
DANBURY, (MAY 3, 2018) – Union Savings Bank President and CEO Cynthia C. Merkle and Chairman of the Board Jeff Levine are pleased to announce the election of four new corporators at Union Savings Bank’s recent annual meeting.
“As corporators, these four local business leaders will serve as ambassadors and community liaisons for Union Savings Bank,” said Merkle. “We are thrilled to bring them on bo…
Union Savings Bank Expands Solutions Team into Canton Providing Customized Banking Solutions
CANTON, (February 21, 2018) – Customers in Canton now have access to additional financial services right within the convenience of the community bank, as Union Savings Bank has expanded its Solutions Teams.
Union Savings Bank Solutions Teams are specifically designed to be a one-stop, multidisciplinary group of banking representatives to provide personal banking services and help customers achie…
USB Foundation Grants over $140,000 to Non-profit Organizations in CT
Consistent with Union Savings Bank’s goal of providing support to non-profit organizations in CT that serve and promote overall education to our neighbors, the USB Foundation recently distributed $140,700.
The Foundation grants’ recipients were comprised of community partners that support educational programs including youth development, art and nature education, and the enrichment of lives of tho…
Union Savings Bank Announces Its First Community Hero to Celebrate Employees Whose Volunteering in CT Goes the Extra Mile
Union Savings Bank has a long history of giving back to the community. Today, the bank announced its new Community Hero Award, designed to recognize employees whose selfless dedication to the betterment of others through volunteerism, enriches local communities. In the USB family, it’s in our DNA to be volunteering in CT.
“Community giving? It’s in our DNA,” said Union Savings Bank President and C…
Union Savings Bank Announces Another Successful Share the Love of Reading Book Drive
DANBURY, (July 19, 2017) – Union Savings Bank has continued its ongoing commitment to community service programs 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 …Read More
Union Savings Bank Supports Schools in Connecticut with Teachers’ Closet Program
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 …
Union Savings Bank Donates Used Books to Schools in Connecticut
Donations can be made at any Union Savings Bank location
DANBURY, (May 3, 2017) – Union Savings Bank continues its ongoing community commitment by supporting schools in Connecticut 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 grad…
Union Savings Bank unveils renovated Bethel branch
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…
State banking promotion encourages savings
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…
Union Savings Bank in Ridgefield, CT Names Maguire Branch Manager
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.
Preventing Cyber Security Breaches in Merchant Terminals
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 credit card skimming devices and …Read More
Union Savings Bank donates $25,000 to Ridgefield Theater Barn
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; …
Bank Team Plans Bartender Event- Ridgefield Daily Voice
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…
Teams to the Rescue for Connecticut community bank – Independent Banker
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 Connecticut community bank in Danbury, has demonstrated the power of regular personal contact through its Solutions Team…
Union Savings Bank in Danbury: A History of Supporting Local Businesses
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. That year, Union Savings Bank in Danbury was founded—a mutual institution to support local businesses the rest of the town, too.
While Danbury is still nicknamed the Hat City, the topper industry had frayed by the 1920s, as had…
How Mutual Savings Banks Catalyze Communities
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…