Union Savings Bank BSA Manager Earns Anti-Money Laundering Specialist Certification and Forty Under 40 Award from Fairfield County Business Journal

Danbury, CONN. (July 8, 2019) – Godiva Cadena, Bank Secrecy Act Manager for Union Savings Bank, recently earned her professional accreditation as a certified anti-money laundering specialist (CAMS). Considered the gold standard in anti-money laundering certifications, CAMS creates a standardized risk-based approach for money laundering threats and financial crimes risk. She was also recognized by Fairfield County Business Journal on their list of 40 Under Forty, which honors Fairfield County’s brightest young talents.

“It is with great pride that we congratulate Godiva Cadena on these achievements,” said Cynthia Merkle, president and CEO of Union Savings Bank. “CAMS is recognized internationally by banks, governments and law enforcement. It is a rigorous process that distinguishes Cadena as anti-money laundering expert, making her an incredible asset to the Bank and the community. We are thrilled that her efforts have also been recognized by the Fairfield County Business Journal.”

Offered through the Association of Certified Anti-Money Laundering Specialists (ACAMS), the CAMS certification is awarded to those who demonstrate excellence in compliance. Applicants must first qualify to take the CAMS exam, which tests the applicant’s expertise and aptitude of anti-money laundering detection, prevention and enforcement. The exam includes 120 questions on money laundering and terrorism financing techniques and must be completed within three and a half hours.

The certification keeps anti-money laundering specialists aware of new industry trends and equips them with the knowledge to better protect organizations, prevent crimes and drive a culture of compliance. Cadena will use the accreditation in her role as BSA in which she oversees the Bank’s compliance with law and regulations pertaining to the United States’ Bank Secrecy Act.

Fairfield County Business Journal’s 40 Under Forty list recognizes the next generation of business leaders in Fairfield County. Cadena was recognized for her leadership, initiative and integrity in her role in the Bank’s Security Department.

About Union Savings Bank

Established in 1866 and headquartered in Danbury, Conn., Union Savings Bank is a $2.2 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.

For more information, please visit unionsavings.com and connect with the bank on LinkedIn and Facebook.

Community Relations Contact:
Michele Bonvicini
Union Savings Bank

Media Relations Contact:
Katie Milewski
Brandware Public Relations

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