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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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Allen L. Nielsen
Executive Vice President
 Allen Nielsen has over 30 years of diverse banking experience with 25 years in senior and executive management. His responsibilities have focused on all aspects of strategic and operational planning and implementation, financial management and control, operations, product development, sales, and regulatory compliance.
Mr. Nielsen spent his career with Glastonbury Bank & Trust Company, a $300 million, ten-branch commercial bank in Connecticut where he became Executive Vice President and Chief Operating Officer. Mr. Nielsen's background and responsibilities included asset-liability management, budgets, financial reporting, accounting and investments. In addition, he analyzed acquisition opportunities, new ventures and capital issues, directed data processing, cash management, security, risk management and insurance activities.
In 1998 Mr. Nielsen became the Chief Financial Officer of the newly formed Bankers' Bank Northeast. As a de novo institution, he focused on the financial planning, pro forma projections, and regulatory filings associated with the formation of the Bank. In addition, he developed and managed the direct solicitation for raising the Bank's initial capital.
Mr. Nielsen is a faculty member at the New England College of Finance where he teaches management and general banking courses. He is also a guest lecturer at the University of Connecticut School of Business Administration.
Mr. Nielsen graduated from the University of Connecticut with a Bachelor of Art Degree in Political Science and Psychology. He completed his MBA in Financial Management and Control at the University of Connecticut with honors from Beta Gamma Sigma - National Honor Society for Business Majors.
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