NewAlliance Bank

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NewAlliance Bank

Type	Public (NYSE:NAL)
Founded	New Haven Savings Bank (NHSB) 1838; Savings Bank of Manchester (SBM) 1895; Merger of NHSB, SBM & Tolland Bank 2004
Headquarters	New Haven, Connecticut
Key people	Peyton R. Patterson, Chairman, President & CEO Merrill B. Blanksteen, Executive VP, CFO & Treasurer
Industry	Finance and Insurance
Products	Banking
Revenue	$? billion USD ( $52.6M FY 2005)
Slogan	Capital ideas. Human values
Website	www.newalliancebank.com

NewAlliance Bank is the second largest Connecticut-based savings bank. It was formed in 2004 through the union of The Savings Bank of Manchester, New Haven Savings Bank, and Tolland Bank.

1 History
2 Company
- 2.1 Quick Facts
3 References
4 External links

[edit] History

NewAlliance Bank has its roots dating back to 1838 when it was chartered with the formation of New Haven Savings Bank. It expanded as NewAlliance Bank in 2004 through the union of The Savings Bank of Manchester (Connecticut Bancshares, Inc.), New Haven Savings Bank and Tolland Bank (Alliance Bancorp of New England). In July of 2005 it acquired Trust Company of Connecticut and the most recent development was NewAlliance acquiring Cornerstone Bank (Cornerstone Bancorp, Inc.) in January 2006..

[edit] Company

NewAlliance Bancshares, Inc. formed in 2003, listed on NYSE in 2004 under the symbol "NAL"
Trust Company of Connecticut, A Division of NewAlliance Bank, offers investment management, as well as trust and estate planning and has over $1.1 billion in assets under management.
- Trust Company of Connecticut, a division of NewAlliance Bank, acquired by NewAlliance in July 2005, tripling the Bank's trust assets under management
NewAlliance Investments, Inc., member NASD/SIPC, a wholly owned subsidiary of NewAlliance Bancshares, Inc., offers investment and insurance products to individuals and businesses