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 Allison’s deep expertise in business banking and management, combined with her leadership skills, we are confident that she will be a critical part of our commercial banking team,” said Peter Maher, Executive Vice President, Chief Lending Officer for Union Savings Bank. “She’ll help us provide a wide variety of products and services to both current and prospective business customers throughout our area.”
Knapp has over 25 years of experience in business, real estate, construction, and syndicated lending. Prior to joining USB, she served as senior vice president and producing team leader at Fairfield County Bank, Fairfield, CT, as well as senior commercial lender and vice president at Hudson United Bank, Mahwah, NJ.
Her prior accomplishments extend to New York City where Knapp was employed at Chemical Bank (now J.P. Morgan Chase) and worked in the Leveraged Funding Group at Heller Financial.
Knapp earned a B.A. in Economics from Fairfield University and graduated from Chemical Bank’s Financial Management and Credit Training Program. She has been involved in numerous town Chambers in Fairfield County, a volunteer for the Leukemia Society, American Cancer Society, American Heart Association, and most recently, REFA (Real Estate Finance Association) and the HBRA (Home Builders & Remodelers Association) of Fairfield County. She resides in Milford, CT.
About Union Savings Bank
Established in 1866 and headquartered in Danbury, Conn., Union Savings Bank is a $3.0 billion mutual bank dedicated to being the bank of choice. As a full-service financial institution, Union Savings Bank provides banking, mortgage, investment, trust and insurance products throughout western Connecticut with 25 offices in Bethel, Brookfield, Canton, Danbury, Goshen, Kent, Litchfield, Marble Dale, Monroe, New Fairfield, New Milford, Newtown, Ridgefield, Roxbury, Southbury, Torrington and Washington Depot. The bank provides financial services to individuals, businesses, not-for-profit organizations, and government entities through its commercial, residential and consumer lending, corporate services, retail banking and wealth management divisions. Please visit www.unionsavings.com for more information. Member FDIC. Equal Housing Lender.
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