USB in the News

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, Union Savings Bank of Danbury (USB) stands as proof that a steadfastly independent mutual bank can spend its efforts serving the community. For proof, look no farther than the fact that on June 20 it celebrated its 150th anniversary as one of the best local banks in Connecticut.
“Our commitment to mu…

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Union Savings Bank Celebrates its 150th Anniversary – Republican–American newspaper

June 13, 2016

The country was in its first year of healing after the Civil War ended when a group of leaders founded Union Savings Bank, marking the beginning of an important chapter in Danbury history.
It was 1866 and James S. Taylor brought together investors to open a bank named to reflect the country’s union, according to bank history.
To honor its longev…

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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 as one of the best banks i…

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Bucking Convention, These Banks Are Adding Staff in Their Branches

May 24, 2016

By John Reosti, American Banker
Union Savings Bank is pleased with an effort to give more autonomy to local banks’ branch employees, CEO Cynthia Merkle says. A similar effort is shortening waits for loan approvals at CenterState, says Chris Nichols, the company’s chief strategy officer.
Sometimes it makes sense to put more employees in local banks’ branches.
That’s the perspective of CenterState B…

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Check out our new Business Blog!

May 20, 2016

We have over 150 years of knowledge and local expertise, so we decided to launch a blog to help Connecticut businesses just like yours be successful. Subrscribe to our free business newsletter to get the latest business tips, educational articles and more. Visit our new business blog.

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Western Connecticut Health Network Receives $75,000 from Union Savings Bank to Support Lyme Disease Education and Community Outreach

May 04, 2016

DANBURY, CT (May 4, 2016) – The Western Connecticut Health Network Foundation has received a $75,000 gift from the Union Savings Bank to support community education and outreach efforts of the Western Connecticut Health Network (WCHN) Lyme Disease Research program.
The gift from Union Savings Bank will enable WCHN to strengthen its Lyme disease program by offering expanded community education abou…

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Introducing Our New Customer Service Center Hours

May 02, 2016

As of Monday, May 2, 2016, our Customer Service Center hours have been extended to better serve our customers. For more contact information, click here. For our locations, click here.
Customer Service Hours of Operation
Monday-Friday 7:00am-8:00pm
Saturday 8:30am-1:00pm
Sunday Closed

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Union Savings Bank 2016 Foundation Grant Program To Emphasize Education

April 28, 2016

Application Period to Run From May 1 to July 31
DANBURY, CT (April 28, 2016) – Union Savings Bank today announced that education will be the focus of its 2016 Foundation Grant Program, further emphasizing the bank’s ongoing commitment to building positive changes and economic stability within the local communities it serves in Connecticut.
“Education is an element intertwined through many agencies…

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Tips to Avoid Business Email Compromise Scams

April 20, 2016

What is an email compromise scam? If you ever have received a suspicious business email or phone call requesting funds, it could be a compromise scam, and you are not alone. According to the Internet Crime Complaint Center, 7,066 U.S. businesses were defrauded over 747 million dollars from October of 2013 to August of 2015 through email scams. How do you protect yourself against fraudulent emails,…

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This year marks our 150th anniversary!

March 20, 2016

Union Savings Bank was founded after the end of the Civil War by a group of Danbury’s leading citizens as the community bank to protect the savings of their families and friends in 1866. It was set up 9specifically as a mutual bank, to benefit the community. James S. Taylor was USB’s first President, a descendant of one of eight original founding families of Danbury. To learn more about our histor…

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