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Press Releases
FOR IMMEDIATE RELEASE
Rheo A. Brouillard Elected to Bankers’ Bank Northeast’s
Board of Directors
Glastonbury, CT
April 20, 2010
Rheo A. Brouillard, President & CEO of Savings Institute Bank & Trust Company, Willimantic, CT, has been elected to the Bankers’ Bank Northeast Board of Directors.
“As our newest board member, Rheo brings a current perspective as to why community banks continue to embrace the concept of a bank for bankers,” said Peter J. Sposito, President & CEO of Bankers’ Bank Northeast. “He possesses extensive experience in bank operations, which will enhance our Board’s ability to respond to changing client needs.”
Brouillard, a resident of Hampton, CT, has been with Savings Institute Bank & Trust Company since 1995.
“I’m very pleased to join the board at Bankers' Bank Northeast, as I have always believed in its mission in support of community banks,” said Brouillard. “As a longtime community banker, I feel I can truly represent the needs of the community financial institutions throughout New England and New York.”
Along with extensive banking experience with BayBanks Corporation, Connecticut Online Computer Center and Danielson Federal Savings & Loan Association, Brouillard is also active in the community, working closely with such organizations as Windham Community Memorial Hospital, Community Foundation of Southeastern Connecticut, Northeastern CT Community Development Corporation, and others. He is also past chairman of the Connecticut Bankers Association.
Bankers’ Bank Northeast, based in Glastonbury, CT serves more than 200 community banks throughout New England and New York State. It is a state-chartered institution that is FDIC insured and a member of the Federal Reserve System and the Federal Home Loan Bank of Boston. Nationally, there are 20 bankers’ banks that work with more than 6,000 community financial institutions in all 50 states.
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