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July 31, 2015 4:09 PM ET

Banks

Company Overview of Liberty Bank

Company Overview

Liberty Bank provides personal and business banking services. It offers online banking services, savings accounts, credit card options, mortgages, home equity and consumer loans, and insurance services; and payroll processing, business loans, and commercial loans and various lines of credit. The company also provides investment services, which include financial products and services. Liberty Bank was formerly known as The Liberty Bank For Savings and changed its name to Liberty Bank in January 1991. The company was founded in 1825 and is based in Middletown, Connecticut. The company has branches in central, eastern, and shoreline Connecticut.

315 Main Street

Middletown, CT 06457

United States

Founded in 1825

Phone:

860-344-7200

Fax:

860-638-2969

Key Executives for Liberty Bank

Chief Executive Officer, President and Director
Age: 66
Chief Financial Officer and Executive Vice President
Chief Information Officer and Executive Vice President
Chief Marketing Officer and Executive Vice President
Age: 55
Chief Human Resources Officer and Executive Vice President
Compensation as of Fiscal Year 2015.

Liberty Bank Key Developments

Liberty Bank Announces Management Changes

Liberty Bank has announced the appointment of Bruce K. Farrell to the position of president and CEO, replacing Phillip D. LaChapelle, who served the bank in that capacity for three years. The board of directors has asked LaChapelle to remain on the bank's board as executive director. Farrell joined Liberty Bank in 2013 in a business development role. He has extensive commercial banking experience, focused on providing, managing, and growing regional banking businesses on the San Francisco Peninsula. Prior to joining Liberty Bank, he was with Borel Private Bank & Trust Company for more than 20 years, most recently serving as an executive vice president and chief lending officer.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 4, 2015
Naugatuck Valley Financial Corporation
 

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