United Bank to Expand its Presence in Glastonbury; Will Also Open Supermarket Branch in ShopRite in East Hartford
GLASTONBURY, CONN., July 9, 2014 – William H. W. Crawford, IV, Chief Executive Officer of United Bank and United Financial Bancorp, Inc. (NASDAQ: UBNK), today announced that United Bank (Rockville Bank: A Division of United Bank), will expand its already significant presence in Glastonbury, Connecticut by building a full-service banking branch at 2670 Main Street in Glastonbury.
In addition, Crawford is pleased to announce that United Bank will be opening a new branch just over the town line in East Hartford inside the ShopRite Supermarket located at 31 Main Street, East Hartford, Connecticut. This branch will provide extended hours and seven days per week banking.
The Bank’s new Glastonbury location is on the corner of Main Street and New London Turnpike, directly across the street from Katz Hardware, and will be an approximately 2,200 square foot, full-service branch that will provide retail and commercial banking, investment advisory services, mortgage banking and products for small businesses. This location will also provide night deposit services, a drive-thru teller and an ATM. For added customer convenience, the Bank plans to have four teller stations and four offices for branch staff and lending professionals.
The supermarket branch in ShopRite will also provide retail and commercial deposit and loan products, mortgage loan origination, small business products, night deposit services and an ATM, along with sufficient teller stations and office space.
Over the past two years, Rockville Bank has significantly expanded its operations in Glastonbury. In addition to the branches at 1009 Hebron Avenue – the Shops at Addison Village – and 902 Main Street in South Glastonbury, the Bank established its Corporate Headquarters at 45 Glastonbury Boulevard in August 2012 and occupies substantial office space on the first and third floors of 95 Glastonbury Boulevard, which includes space for their employee training center, mortgage lenders and commercial banking team.
“Glastonbury has been a wonderful home for Rockville Bank and now United Bank. Expanding our presence in Glastonbury will create another first-class community banking destination for our customers and give them full access to a team of experienced local bankers,” said Crawford. “The opportunity to open at this location on Main Street is very exciting because we will be enhancing the public’s convenience to our banking services and teams while building a branch that fits the Glastonbury landscape in what is already a well-traveled, well-maintained part of town.”
“The ShopRite location will be our third supermarket branch in Connecticut and the Bank’s only branch in East Hartford. This is another convenient location to meet the banking, credit and borrowing needs of our customers who groceries shop at the East Hartford Shop Rite and others from the East Hartford and Glastonbury areas who want access to our extended banking hours at this terrific supermarket.”
“A key part of our Bank’s legacy is our generous giving and employee volunteerism. Our expansion in Glastonbury further enhances our partnership with the town, our customers, community organizations and other local businesses we support. Our new presence in East Hartford can be added to the long list of towns where United Bank not only provides a first-class banking experience to its customers but also supports the communities it serves in so many other ways beyond banking,” Crawford added.
In recent years, the Bank and the Rockville Bank Foundation have been proud supporters of various local organizations, including the Glastonbury Chamber of Commerce; Apple Harvest Festival; Town of Glastonbury Social Services; Glastonbury Education Foundation; Friends of Glastonbury Rowing; South Glastonbury Public Library Association; the Glastonbury MLK Community Initiative; and many others.
United Bank expects to open its newest Glastonbury branch in early 2015. The ShopRite Supermarket branch is expected to open by September 2014. The new United Bank, after its merger with Rockville Bank, now has over 50 banking locations throughout Connecticut and Massachusetts.
About United Bank:
On April 30, 2014, United Bank (established in 1882) and Rockville Bank (established 1858) completed a transformational merger of equals by bringing together two financially strong, independent-minded institutions to create the premier community bank in New England with more than 50 branches in two states and approaching $5.0 billion in assets. United Bank merged with and into Rockville Bank, with Rockville as the surviving bank. Rockville Bank immediately changed its name to United Bank. It is a state chartered bank headquartered in Glastonbury Conn. with regional offices in Worcester and West Springfield, Massachusetts and South Windsor and Enfield, Connecticut.
For more information on United Bank and Rockville Bank, please visit www.thenewunitedbank.com.
For more information about legacy United Bank’s services and products, call (866) 959-BANK and for information about legacy Rockville Bank’s services and products, call (860) 291-3600 or visit www.thenewunitedbank.com for more information about both banks. For more information about United Financial Bancorp, Inc., visit www.unitedfinancialinc.com.
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