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Rockville Financial (RCKB) in Glastonbury, Conn., and United Financial Bancorp (UBNK) in West Springfield, Mass., have secured four of the five regulatory approvals needed to complete their high-profile merger.
March 19 -
Bill Crawford seemed content to oversee slow and steady growth before agreeing to buy United Financial in a deal that will create a $5 billion-asset bank in the Northeast.
December 30 -
Rockville Financial (RCKB) in Rockville, Conn., will merge with United Financial Bancorp (UBNK) in West Springfield, Mass.
November 15
United Bank of Glastonbury, Conn., has hired three experienced former Bank of America mortgage bankers in West Springfield, Mass.
The goal is to expand the bank's lending operations in Western Massachusetts, said William H.W. Crawford, IV, chief executive officer of United Financial Bancorp (UBNK), the parent of
The hires bring "big-bank experience," Crawford said, along with local decision-making experience.
Lisa Kraus is the bank's new vice president and Western Massachusetts sales manager. She previously was a vice president and home loan manager at Bank of America in West Springfield. She has also held executive positions with Countrywide Home Loans (which B of A acquired in 2008) and Banknorth Mortgage Group of Springfield.
Loan officers April Healey and Jill Keefe also worked at B of A in West Springfield before joining United. Prior to joining Bank of America, Healey was a real estate broker for Century 21 in West Springfield for several years. Keefe has held management roles for the former Northeast Savings and is a 37-year resident of Wilbraham, Mass., with extensive community contacts, the bank said.
The new hires are part of the bank's continuous efforts to expand its residential mortgage business team and the number of commission-based mortgage loan officers, which increased from 12 in 2012 to 35 as of May 2014, according to the release. After completing its