While a few other Banks have a high turnover rate with Branch Managers, here at Newtown Savings Bank, we are proud to have dedicated Branch Managers serve you with very little turnover. The one time I am happy to report changing Branch Managers is when talented people move up in our organization. We have three Branch Managers moving up and, unfortunately for the rest of us, out of their current positions in the Branch.
In Trumbull, Brian Fonck will soon move his office to Newtown to become VP and Regional Manager.
Sarina Manibanseng will soon leave her office in Dolan Plaza, Bethel to fill a new position for us as VP in Retail Banking Administration assisting all 14 of our branch locations.
Karen Tracy is leaving her Woodbury office to become a VP of Retail Development. Karen’s skills and expertise will be dedicated to developing and training all of our branch staff.
None of the three are leaving immediately. We are currently in the process of selecting new talented Branch Managers for all three branches.
As happy as I am that these deserving individuals are continuing to develop their careers with us, I’m excited for the opportunities they will create for others. These changes create new opportunities for people and will help us grow and thrive. I know that many of you in Trumbull, Danbury, and Woodbury are going to miss Brian, Sarina, and Karen but they are moving to build a better Newtown Savings Bank for all of us.
One of the great aspects about living in Southern New England is that there are great getaways right in our own backyards. Opportunities to hike, bike, swim, golf or to pursue just about any other interest or activity are all around us. Some of my favorite times though, take place literally in the backyard.
Linda and I always look forward to having our recently-married sons and their wives over for dinner or a barbecue. Since there are no grandkids in the picture, yet the grandogs are welcome guests and share our enthusiasm for these gatherings. Harley, a Belgian Shepherd, never tires of having a Frisbee thrown to him. Is it possible to be proud of a dog? Harley can catch a Frisbee on the run and almost never misses. If the toss is particularly bad he will pick it up on a one hopper. Boy my Yankees could use him now. His boundless energy is matched by Oscar, a Yorkie Poo, who never fails to remind us that great spirits and athleticism come in all shapes and sizes.
A tradition we’re continuing this summer is our annual trip to Delaware’s Dewey Beach, where I’ll continue to catch up with family members, as well as some golf and reading. On my list are “The Black Box” by Michael Connelly and perhaps I’ll start Ken Follet’s trilogy.
I hope you too make time for whatever it is you and your family enjoy doing in the weeks ahead. The season may be short, but there’s a long list of ways to share the joys of summer all around us.
As valuable as technology is to our daily lives, there are many people in banking circles who initially feared that technology might come at the expense of personal service in our financial lives. Now having introduced all sorts of innovative technologies, we’re delighted to see that just the opposite is happening. In addition to realizing technology’s potential to actually make banking more personal, we’re recognizing its power to redefine what personal service is all about.
In the past, personal service was easy to spot by the warm greeting customers would receive when visiting our offices. It was shown when our representatives knew your name and took a genuine interest in making sure you had the right financial products and services for your situation. Though customers are less apt to visit our offices these days, in reality, they experience us in more ways than ever before via phone, tablet and computer, as well as in-person.
How you wish to experience us is your personal choice. Our job is to make sure that your experience is not only as personal and friendly as ever, but one that also includes all the latest convenience options that you want. That’s what outstanding personal service has come to mean. Partnering with technology firms has kept us on the cutting edge, as well as enabled you to access your money and contact us in a variety of ways.
Encouraged by the popularity and success of the new technologies we’ve brought to banking, we continue to add innovative options. In addition to recently launching another new Internet-only savings account, our consumer customers can now join our commercial customers in depositing checks just by taking a picture of them with a Smartphone or mobile device. You can now even personalize your debit card with any photo of your choice.
It’s the new picture of personal service at Newtown Savings Bank–one that accommodates many personal choices, but whose singular focus remains on meeting your changing needs.
Last week at the Bank’s Annual Meeting, we welcomed four new Corporators to Newtown Savings Bank. Corporators have a long tradition at mutual savings banks. There are many important roles for our Coporators but there are two that really standout.
First, they are responsible to nominate and elect the Board of Trustees who guide the Bank.
Second, by associating with the Bank as a Corporator, they are lending their name and their reputation to the Bank as an affirmation of the role Newtown Savings Bank plays in our Communities.
I’m very excited that each of the four new Corporators have joined us. Just as they are supporting us, Newtown Savings Bank supports our Corporators and their businesses.
Chairman (Left) and CEO (Right) with the four new Corporators
John Martocci, Chairman, Newtown Savings Bank
Joseph D. Skrzypczak, President & CEO, Oce North America
Robert G. Tait, Director, Finance, Town of Newtown
Elana Bertram, Principal & Attorney, Hawley Legal Resources, LLC
Last week I had the honor of attending a meeting with some folks from NASCAR. They came to Newtown to give a group of us a sneak preview of the new Sandy Hook tribute race car. The car, driven by Mike Waltrip, is painted green & white to honor Sandy Hook School and features a large decal on both sides of the car inviting NASCAR fans to make a $10 donation to the Sandy Hook School Support Fund by texting NEWTOWN to 80888. The tribute to Sandy Hook was made possible by the combined generosity of Mike Waltrip, a two-time Daytona 500 champion, Swan Racing, which owns the car, and NASCAR. In addition, NASCAR CEO Brian France announced that he and his wife are making a donation to the Sandy Hook School Support Fund which the NASCAR Foundation will match.
Interestingly, this all came about from a conversation between NASCAR President Mike Helton, and Daytona Beach businessman Hans Reelick, who is originally from the Newtown area, and owns Hollandia Nursery in Bethel with his son, Eugene. As a community banker, this story warms my heart on so many levels, and I thank everyone at NASCAR for visiting Newtown last week and brightening our day.
I hope everyone reading this will be rooting for Car #26 to win the Daytona 500 on February 24th, I know I will.
Pictured L-R: Newtown Savings Bank President & CEO John F. Trentacosta, NASCAR Driver Mike Waltrip & United Way of Western CT President & CEO Kim Morgan.
John Trentacosta is President & CEO of Newtown Savings Bank, a mutual savings bank with over $950 million in assets headquartered in Newtown, CT. Founded in 1855, the Bank has fourteen locations operating in nine towns: Newtown, Bethel, Brookfield, Danbury, Southbury, Monroe, Shelton, Trumbull and Woodbury.
John joined the Bank in 1998 and was promoted to President in 2003 and Chief Operating Officer in 2005. In January 2009, John was promoted to CEO. He is a member of the Bank's Board of Trustees.
John is a Certified Public Accountant and holds a Bachelors of Science as well as a Masters Degree in Business Administration. He has spent his entire working career as a professional in the banking and financial service industry. Prior to joining Newtown Savings Bank he held various senior financial and administrative positions including Executive Vice President and CFO of The Bank of New Haven, in Connecticut. John began his career with Bankers Trust Company in New York in 1974.
John's passion is community banking as evidenced by his nearly 40 years in this segment of the financial service business. He enjoys his volunteer work and has been active with numerous organizations and activities over the years.
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