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Rockville Financial (RCKB) in Rockville, Conn., will merge with United Financial Bancorp (UBNK) in West Springfield, Mass.
November 15
Rockville Financial (RCBK) in Glastonbury, Conn., is beefing up its mortgage lending operation ahead of its pending merger with United Financial (UBNK) in Massachusetts.
The $2.2 billion-asset company said Thursday that it has hired four mortgage banking professionals to head up new loan production offices in Massachusetts and Fairfield County, Conn.
The Massachusetts office will be located on Cape Cod and will be run by Jim Picciotto, who most recently oversaw mortgage lending in Massachusetts for Jacksonville, Fla.-based EverBank (EVER). He will be joined by Leonard Tocci, a longtime mortgage lender who most recently was a senior loan officer with Guaranteed Rate.
The office will be Rockville's first in Massachusetts and will be responsible for generating loans within the entire Greater Boston area. Rockville says it hopes to add another office closer to Boston "very soon."
The Fairfield County office will be run by Joe Antonios, who most recently served as senior vice president of home lending for the Connecticut region for Guaranteed Rate. Joining him will be ex-Guaranteed Rate colleague Jarrett Coleman.
Rockville announced in November that it was buying the Springfield, Mass.-based United for $369 million. The deal, which would create a $4.8 billion-asset company, is expected to close in the second quarter.
