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About Us
The Concept
Directors
Investor Banks
Advisory Board
Peter J. Sposito, CEO
Anthony J. Arsenault, CFO
Allen L. Nielsen, EVP
Richard B. Lockwood III, EVP
Richard J. Nurge, VP
Alan S. Anderson, VP
Elissa G. Reynolds, SVP
Susan W. Salecky, SVP
Megan L. Desso, AVP
Richard C. Layman, AVP
Peter T. Garland, CCO
Support Staff
Contact Us
What's New
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About Us
Bankers' Bank Northeast
Established September 8, 1998, Bankers' Bank Northeast is an FDIC insured Connecticut chartered bank that is a member of the Federal Reserve. The Bank offers a variety of correspondent banking services to investor and client banks throughout the six New England states and New York at a competitive price and with a high degree of quality, responsiveness and availability.
- The Bank is a reliable alternative source for correspondent services to community banks. In recent years, the number of banks offering correspondent services has diminished due to mergers, failures, lack of interest and management decisions to downsize or eliminate marginally profitable business lines.
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- The Bank is dedicated to meeting the financial, operational and business needs of its investor and client banks. The Bank is owned by its clients, and therefore, operates for their exclusive benefit.
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- The Bank is not a competitor but a business partner. In many instances, community banks are acquiring correspondent services from the large competitor "across the street" who provides the correspondent with revenue and business activity.
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- The Bank is committed to providing high quality, leading-edge products and services to help investor and client banks enhance their competitiveness, profitability and ability to meet the challenges of tomorrow. Our mission is the survival and viability of community banks.
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- The Bank management consists of Directors from investor banks with substantial banking and senior management experience. The senior officers also possess significant experience and achievements in the banking industry. Please read more about our CEO , CFO , and EVP/Director of Business Development/Marketing .
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Member FDIC
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