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 planning, probate estates, investment management, IRA accounts among others. She is also responsible for managing the client experience, maximizing retention, as well as new business development through wealth planning, internal and external referrals, and other activities.

Downey, who brings more than 15 years of experience to Union Savings Bank has held several positions of increasing responsibility in wealth management including Trust Administration Officer; Assistant Vice President, Trust Officer; and Vice President, Trust Officer.  Most recently she was a Vice President, Senior Fiduciary Officer at Salisbury Bank & Trust Company, Lakeville, CT.

“Kim is an excellent addition to our wealth management team,” said Rick Judd, Executive Vice President, Wealth Management and Branch Banking. “Her in-depth knowledge regarding retirement planning, trust administration and estate settlement, as well as her ability to maintain and expand relationships with high-net-worth clientele aligns perfectly with our approach and the growing needs at USB.”

Downey earned a Bachelor of Science Degree in Economics from State University of NY Cortland and an MBA in Business Analytics from Syracuse University. She has been awarded the Certified Trust Fiduciary Advisor (CTFA) certificate and was named a “2017 New Leader in Banking” by the Connecticut Banker’s Association. Downey is active in her community, serving as a board member and treasurer for Salisbury Youth Hockey and in the same capacity for the EXTRAS After School Program, also in Salisbury. She resides in Lakeville, CT.

To learn more about the comprehensive investment and wealth management services from Union Savings Bank, please visit .


About Union Savings Bank

Established in 1866 and headquartered in Danbury, CT, Union Savings Bank is a $3 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, Norwalk, 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 for more information and connect with the bank on LinkedIn. Member FDIC. Equal Housing Lender.

Community Relations Contact:
Michele Bonvicini
Union Savings Bank

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