Naugatuck Savings Bank is set to officially change its name to ion Bank on Oct. 21.
bank's website has information about what the name change means for its customers.
Background from previous Patch stories
Charles J. Boulier III, the bank's president and CEO, said the bank's new name "better reflects its evolution from a small community bank, or thrift, to a broader and more comprehensive financial institution that offers a wider array of services, such as investment services, and that also serves business and commercial customers, as well as individuals and families.
"While we are proud of our heritage as a small savings bank and remain committed to the local communities we have been serving for the past 143 years, the bank has evolved into something more than a traditional thrift," he said. "That growth and evolution is what our new name is intended to reflect."
Read more about the name change here.