Union Savings Bank Welcomes Jo-Anne L. Smith as Vice President, Senior Commercial Real Estate Loan Officer

[Danbury, Conn., August 5 2014] — Union Savings Bank is pleased to announce the hiring of Jo-Anne L. Smith as Vice President, Senior Commercial Real Estate Loan Officer. Smith has extensive experience in the commercial lending industry, with a focus on the Connecticut and Westchester markets. She has comprehensive knowledge in permanent, bridge and construction lending for all asset types including subdivision, multifamily, retail centers, office, industrial and special use facilities. Smith has expertise in cultivating and managing a breadth of investor types including institutional, corporate and private investors and developers.

In her new position, Smith will be responsible for the expansion of Union Savings Bank’s commercial real estate portfolio with an emphasis on the Fairfield Country market. In addition, she will be cross-selling a full range of business banking products and services offered within the commercial department.

“We are delighted to welcome Jo-Anne to Union Savings Bank as Vice President, Senior Commercial Real Estate Loan Officer,” said Union Savings Bank President & Chief Operating Officer Cynthia C. Merkle. “She brings more than 25 years of commercial lending and banking experience to her new position along with well-established relationships throughout the community. Jo-Anne is a valuable addition to our team.”

“I am thrilled to be joining the Union Savings Bank team and look forward to continuing to build upon my existing relationships and experience in this market,” said Smith.

Prior to joining Union Savings Bank, Smith was Vice President, Commercial Real Estate Relationship Manager at TD Bank and Vice President, Senior Lending Officer at People’s United Bank. She is a member of both the Real Estate Finance Association (REFA) and the National Association of Industrial and Office Properties (NAIOP). Smith is a graduate of Fordham University and resides in Newtown.

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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