The Middletown Press (Middletown, CT)

Liberty Bank marks 195th year

- By Press Staff

MIDDLETOWN — The Liberty Bank team officially turned 195 years old Monday. This milestone year marks nearly two centuries of dedication in taking care of the financial and societal needs of their customers, communitie­s and co-workers, according to a press release.

“Now more than ever, it’s critically important that we take the time to reflect on what Liberty Bank has become over the last 195 years, what we stand for and what it means to be a Liberty employee,” David W. Glidden, president and CEO, said in a prepared statement. “As we proudly celebrate this milestone year in our organizati­on’s history, we continue to do what our original founders intended — especially now — when they came together on that historic Wednesday exactly 195 years ago.”

The Savings Bank of Middletown — now Liberty Bank — was founded May 4, 1825. Today, it is the oldest bank in Connecticu­t, the third largest bank in the state, with $6 billion in assets, and one of the largest mutual banks in the country, according to the financial institutio­n.

It also continues to operate as an independen­t mutual bank, owned by their customers, not shareholde­rs, the release said.

Liberty Bank continues to build on it’s strong and nearly two-century commitment to Middletown with the opening of their a corporate headquarte­rs in 2018 at 245 Long Hill Road, the reopening of its Main Street office building in 2020, and maintainin­g its two branches at 460 S. Main St. and 827 Washington St. in Middletown.

 ?? Contribute­d photo ?? Liberty Bank’s corporate offices are located at 245 Long Hill Road in Middletown.
Contribute­d photo Liberty Bank’s corporate offices are located at 245 Long Hill Road in Middletown.

Newspapers in English

Newspapers from United States