USB in the News

Union Savings Bank 5th Annual Share the Love of Reading Book Drive & Libraries Yield Big Results with Community

March 04, 2022

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…

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Union Savings Bank Introduces “USB Spending Insights,” a Mobile Banking Tool that Enables Customers to Track Spending and Better Manage Finances

December 01, 2021

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 …

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Theresa LaRock Joins Union Savings Bank as a Residential Mortgage Loan Originator and Jordan Sanford is Promoted to Residential Mortgage Loan Originator

November 19, 2021

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…

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Union Savings Bank Introduces “Early Payday” Service Allowing Customers Access to Paycheck Funds Up to Two Days Earlier

October 14, 2021

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…

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Allison Knapp Joins Union Savings Bank as Vice President and Senior Commercial Lender

August 11, 2021

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 …

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Union Savings Bank Foundation Donates $260,000 to 22 Connecticut Organizations

June 24, 2021

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…

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Union Savings Bank Emerges from Pandemic Stronger, But Plenty of Challenges Remain – Westfair Online

May 26, 2021

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…

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Union Savings Bank Ranks Second in Connecticut for Pandemic Response by Banking Northeast Magazine

April 12, 2021

The Bank is Top-Ranked in Fairfield & Litchfield Counties
Danbury, CONN. (March 25, 2021) – Union Savings Bank (USB) has been recognized as a  “Top Pandemic Performer,” ranking second in Connecticut by Banking Northeast magazine using the latest results from the Rivel Banking Benchmarks survey.  USB was the top-ranked bank in Fairfield and Litchfield counties.
According to the magazine, Rivel Ban…

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Union Savings Bank Now Instantly Issues Debit Cards at All 25 Branches and Digitally Within USB Mobile

April 12, 2021

These new capabilities allow customers to obtain a new or replacement card in minutes and easily link to mobile devices.
Danbury, CONN. (April 6, 2021) – Waiting a week or more to obtain a new or replacement debit card is a thing of the past and using it on a mobile device is now easier than ever, thanks to instant debit card issuance and digital debit card issuance, now available from Union Savin…

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Union Savings Bank Promotes Daniel Silva to Chief Information Security Officer; James Gerace Joins Bank as Director of Technology and Data Services

March 02, 2021

Danbury, CONN. (March 1, 2021) – Cynthia C. Merkle, President & CEO, Union Savings Bank (USB), is pleased to announce that Dan Silva has been appointed Chief Information Security Officer and Jim Gerace has joined the bank as Director of Technology and Data Services.
In his new role, Silva will oversee information security, legal processing, physical security, and Bank Secrecy Act (BSA) compliance….

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Susan Certoma and Bonnie Kintzer Elected to The Board of Trustees at Union Savings Bank

October 30, 2020

Danbury, CONN. (October 29, 2020) – Lucie H. Voves, Chair, Union Savings Bank (USB) Board of Trustees, today announced the addition of two new board members.
Susan Certoma, Co-Founder, Point2Point, and Bonnie Kintzer, President, Chief Executive Officer & Board Member, Trusted Media Brands, have been elected to the USB Board of Trustees.
“As Union Savings Bank continues to evolve to meet the changi…

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Community Banks Collaborate on Fundraising Initiative to Benefit Local Food Pantries; Donate a Combined $45,000 to Start the Effort

October 13, 2020

Union Savings Bank, Savings Bank of Danbury, and Newtown Savings Bank take the lead in the “Feeding Our Neighbors Community Challenge.”
Danbury, CONN. (October 13, 2020) – Union Savings Bank, Savings Bank of Danbury, and Newtown Savings Bank today announced a fundraising alliance titled “Feeding Our Neighbors Community Challenge” through which the banks have donated a total of $45,000, which will …

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Brandon J. Angotti Joins Union Savings Bank as AVP, Wealth Management Financial Planning Officer

October 06, 2020

Danbury, CONN. (October 5, 2020) – Union Savings Bank announces the addition of Brandon J. Angotti as assistant vice president, wealth management financial planning officer.
In his new role, Angotti provides financial planning, investment consulting services, tax and estate planning, and trust administration services to individuals, families, and not-for-profit organizations.
“Brandon is a welcome…

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Union Savings Bank Elects Lucie Voves First Woman Board Chair

September 29, 2020

The Bank now has women in its top two leadership positions.
Danbury, CONN. (September 29, 2020) – Union Savings Bank (USB) announced that Lucie H. Voves, CEO & Founder, Church Hill Classics, has been elected Chair of the Board of Trustees, becoming the first woman to hold that position in the bank’s 154 year history. She joins USB President & CEO Cynthia C. Merkle to lead the organization, making …

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Union Savings Bank Introduces Contactless Debit Cards

August 20, 2020

Convenience offering now takes on greater significance as a health-safety option during pandemic
Danbury, CONN. (August 20, 2020) – Tap it. Wave it. Add it to a digital wallet. And no one else needs to come into contact with it.
Union Savings Bank (USB) is starting to distribute new contactless debit cards to current and new customers, which not only simplify payments at retail outlets but offers …

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Union Savings Bank President Cynthia Merkle Wins 2020 “Women in Business” Award

June 04, 2020

Danbury, CONN. (June 3, 2020) – Cynthia C. Merkle, President and CEO of Union Savings Bank, and chair of the board of directors for the Connecticut Bankers Association, was recently named a winner of Hartford Business Journal’s 2020 “Women in Business” awards.
In its 18th year, the highly coveted award program recognizes the region’s most talented women in leadership roles throughout central Conne…

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Union Savings Bank and the USB Foundation Donate $125,000 to Organizations On The Front Line Of The COVID-19 Battle

April 20, 2020

Danbury, CONN. (April 20, 2020) – The Union Savings Bank Foundation has donated $100,000, and Union Savings Bank has added another $25,000 in contributions, to local organizations providing much-needed services to help residents of Western Connecticut combat the effects of COVID-19.
This brings the total to $275,000 that the Bank and Foundation have donated related to pandemic relief within the pa…

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Union Savings Bank Foundation Awards $150,000 Grant to the Nuvance Health COVID-19 Preparedness Fund

March 31, 2020

Danbury, CONN. (March 31, 2020) – In an effort to support area hospitals battling COVID-19, the Union Savings Bank Foundation today announced it is awarding a $150,000 grant to the Nuvance Health Covid-19 Preparedness Fund. This grant will benefit Danbury Hospital and New Milford Hospital, which are operated by Nuvance Health.
“Though the emphasis of the Foundation has been on education, we have a…

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Union Savings Bank to Limit Access to Drive-Up Only at Branch Office Locations in Response to Coronavirus

March 18, 2020

The bank is taking this action to protect the health and safety of its customers and employees.
Danbury, CONN. (March 18, 2020) – In response to the Coronavirus (COVID-19) in order to protect the health and safety of its customers and employees, Union Savings Bank President and CEO Cynthia C. Merkle announced that effective today, Wednesday, March 18, the bank will offer banking transactions via …

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Suzanne Morin Joins Union Savings Bank as New Mortgage Originator

December 17, 2019

Danbury, CONN. (December 13, 2019) – Union Savings Bank today announces the addition of Susan Morin as Mortgage Originator. Morin will be responsible for the origination of residential first mortgages, working with other branches to reach out to realtors, attorneys, and previous customers for new business as well as networking on behalf of USB.
“Suzanne is a strong addition to our Union Savings Ba…

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