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Retiring Northwest Community Bank CEO Stephen P. Reilly can look forward to spending more time with his wife, traveling, boating and working on his golf game knowing he’s leaving the bank on solid footing and in good hands.
Having led the 2021 merger with Collinsville Bank and Litchfield Bancorp, Reilly has helped significantly increase Winsted-based Northwest Community’s size, growing the mutual lender from $411.8 million in assets at the close of 2020 to nearly $1.1 billion today. ....
“I’ve never worked at a place like this before,” said Ken Sklodosky, manager for the Simsbury and Bloomfield branches. “It’s not a job, it’s a mindset focused around giving back and helping others.” ....
New Canaan Bank, a new venture founded by a group of town residents, is on track to open on Elm Street in 2022, officials say. Delivering traditional and digital banking services to residents and businesses in New Canaan and greater Fairfield County, it will be “a hometown bank that is relationship-oriented and focused on our […] ....