Local Bank Announces $100M Milestone

Editor's note: The following news release was submitted by The Bank of Fairfield.

The Bank of Fairfield wants to thank its customers and the community for their ongoing support as it reached a milestone of $100 million in assets in June 2011.

The Bank opened its first branch in August 2008 at 2248 Black Rock Turnpike, next to Trader Joe’s, and followed with a second branch and the Bank’s headquarters at 2150 Post Road in January 2009.

In spite of the economic downturn of 2008, the Bank has consistently provided needed credit to local businesses, and as a result of its high level of personal service and active involvement in the community, the Bank has been steadily growing ever since. The Bank’s Board of Directors is comprised of local business leaders, and decision-making takes place right in town.

“As Fairfield’s hometown bank, we provide an exceptionally high level of personal service,” said Fred Reinhardt, president of The Bank of Fairfield.

The Bank is one of very few banks in the state to offer totally “No-Fee ATM Banking.”

“We’ll even rebate fees charged by other financial institutions when our customers use their Bank of Fairfield ATM or Debit cards,” Reinhardt said. “In addition, our rates are extremely competitive on both the deposit and loan side. We have a number of savings products, including CDs, that offer customers some of the highest rates in town.”

The Bank offers a full range of banking and lending services. For more information, interested parties can contact the Bank at 203-659-7600, or visit the bank’s website at www.thebankoffairfield.com.

Submitted by The Bank of Fairfield