Union Savings Bank Welcomes Jeff Paz as Vice President, Region Manager - Commercial Lending

[Danbury, Conn., September 11, 2014]— Union Savings Bank is pleased to announce the hiring of Jeff Paz as Vice President, Region Manager – Commercial Lending.

In his new position, Paz will be responsible for increasing Union Savings Bank’s market presence throughout Connecticut and building partnerships with new and existing clients. In addition, he will manage a team of commercial lenders in northern Connecticut.

Paz has extensive experience developing new business and managing a significant portfolio of complex and highly regarded commercial banking clients across various sectors including manufacturers; distributors; health care; and service providers. He specializes in providing clients with an array of products including working capital lines of credits; capital expenditure financing; owner occupied real estate financing; and acquisition financing.

“Jeff is an important addition to our team and we are delighted to welcome him to Union Savings Bank as Vice President, Region Manager – Commercial Lending,” said Union Savings Bank President and Chief Operating Officer, Cynthia C. Merkle. “His more than 11 years of commercial lending experience will be invaluable as we continue to expand our commercial lending division.”

“I am excited to be joining the Union Savings Bank team and look forward to building new commercial lending partnerships with clients and the surrounding communities,” said Paz.

Prior to joining Union Savings Bank, Paz served in progressively increasing roles of responsibility for more than 11 years at People’s United Bank in the Corporate and Industrial Lending division of the Commercial Banking Department. Most recently he was Senior Vice President – Senior Commercial Relationship Manager developing new commercial business opportunities and managing significant client portfolios. Paz is a Board Member and Vice President of the New Haven Manufacturers Association and a member of the Greater New Haven Chamber of Commerce, the Midstate Chamber of Commerce and the Connecticut Chapter of the Association for Corporate Growth. Paz is a graduate of the University of Connecticut and he resides in Kensington.

About Union Savings Bank

Established in 1866 and headquartered in Danbury, Conn., Union Savings Bank is a $2.3 billion mutual bank dedicated to being the bank of choice. As a full-service financial institution, Union Savings Bank provides banking, mortgage, investment, trust and insurance products throughout western Connecticut with 26 offices in Bethel, Brookfield, Canton, Danbury, Goshen, Kent, Litchfield, Marble Dale, Monroe, New Fairfield, New Milford, Newtown, Ridgefield, Roxbury, Southbury, Torrington and Washington Depot. The bank provides financial services to individuals, businesses, not-for-profit organizations and government entities through its commercial, residential and consumer lending, corporate services, retail banking and wealth management divisions.

For more information, please visit unionsavings.com, and connect with the bank on LinkedIn and Facebook.

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