Springfield-based United Financial Bancorp, Inc. the holding company for United Bank, plans to close its Terryville and East Windsor, Conn. branches, and merge its two Southington, Conn. branches into one. The branch closings and consolidation are expected to occur on May 31.

The closures will trim the bank’s Connecticut branches from 15 to 12. The bank also has 24 branches in Massachusetts.

In addition, the company announced that the bank will be consolidating its branch located at 98 Main St., Southington, Connecticut into its branch at 158 North Main St. in Southington.

Of the branches’ 13 employees, 11 will remain with United and transfer to other branches, bank spokeswoman Dena M. Hall told Banker & Tradesman. One full time position and one part time position will be eliminated. The bank employees approximately 405 "full time equivalent" employees, Hall said. 

The bank said the closures would improve the efficiency of its branch network.

"We remain strongly committed to our new Connecticut region and to providing Connecticut customers with the excellent level of service for which United Bank has become known,"  Richard B. Collins, president and CEO of United Financial Bancorp, said in a statement.

The impacted branches were acquired by United Financial as part of its acquisition of New England Bancshares last fall. 

United Bank To Close Three Connecticut Branches

by Colleen M. Sullivan time to read: 1 min
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