Danbury, CONN. (September 23, 2019) – Cynthia Merkle, President and CEO of Union Savings Bank, was elected to serve as the first woman chair of the Connecticut Bankers Association (CBA) at their annual meeting and conference on September 21, 2019. Cynthia takes over the Chair position from previous Chair, Steven Lewis.
“I am honored to be elected as the first woman Chair in the Association’s 120-year history,” said Cynthia Merkle in remarks made to those in attendance. “We, like many industries in Connecticut, are experiencing a talent and population drain. As leaders in our industry we need to focus our efforts on attracting young people to this industry and, therefore, we need to market what banking is today; a career in data management, product innovation, cybersecurity, government relations, market research or community advocacy. We need to take every opportunity to speak at recruiting fairs, in college placement offices and community events about what banking truly means and what a diverse range of career paths it includes.”
The Connecticut Bankers Association represents the financial institutions in the State of Connecticut and serves as the voice of its members in matters of their common interest. They support and promote legislative and regulatory actions in Connecticut and Washington D.C., develop educational programs for their members, provide cost-effective services for their members, as well as facilitate the interchange of information and ideas among their members. The CBA is the leading banking voice in Hartford.
Cynthia started her career at Old Stone Bank in Providence Rhode Island over 40 years ago and is currently the President and CEO of Union Savings Bank, a $2.2 billion mutual bank headquartered in Danbury, Connecticut that operates 25 full-service branches throughout western Connecticut.
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.
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