Union Savings Promotes Newtowner To Senior VP
Union Savings Promotes Newtowner To Senior VP
DANBURY â John C. Kline, president and CEO of Union Savings Bank, recently announced the election of Paul F. Larsen to the position of senior vice president, commercial services. Mr Larsen is a team leader in the bankâs Commercial Services Department where he is responsible for middle market lending.
A resident of Newtown, Mr Larsen, has more than 21 years of banking experience with 17 of those years in commercial lending, and has held leadership positions at several institutions including Webster Bank in Stamford and Goldman Sachs in New York City.
Mr Larsen has a BS degree in finance and statistics from Rochester Institute of Technology and an MBA from University of Bridgeport. He is a Certified Cash Management professional, a member of the Finance Committee of Danbury Health Systems, and is chairman of the Board of Literacy Volunteers of America in Danbury.
Established in 1866 and headquartered in Danbury, Union Savings Bank is a $1.6 billion mutual bank providing consumer and business banking services, mortgage, investment and insurance products throughout western Connecticut with 19 offices in regional communities including Bethel, Bridgewater, Brookfield, Danbury, Kent, New Fairfield, Newtown, New Milford, Ridgefield, Sharon, and Southbury.