Date: Fri 26-Jun-1998

Publication: Bee

Author: CURT

Quick Words:

CFS-Bank-Big-Y

Full Text:

Bank Branch Opens In The Big Y

(with cut)

CFS Bank, a $1.8 billion community-oriented savings bank headquartered in

Woodhaven, Queens, this week officially marked the opening of its latest

supermarket banking branch in the Big Y in the Newtown Shopping Center on

Queen Street. First Selectman Herb Rosenthal was on hand Monday for the

official ribbon cutting at the in-store bank at Big Y.

CFS Bank's supermarket banking locations are complete, full-service branches

staffed by banking professionals who can provide services ranging from setting

up "positively free" checking accounts to mortgages and home equity loans. The

bank is also offering "SmartMoney" T-Bill CDs, IRAs, and a full line of

investments, including stocks, bonds, mutual funds, and life insurance.

Shoppers can apply for a mortgage or home equity loan right on the spot and

leave the supermarket with groceries -- and a mortgage pre-qualification

letter -- in hand.

All CFS Bank in-store locations are open seven days a week with extended

hours. The branch in the Newtown Big Y will be open from 10 am to 7 pm, Monday

through Saturday, and from 11 am to 4 pm on Sunday.

"The good people of Newtown deserve a convenient place to bank and shop all at

the same time," explained Anthony P. Cambria, vice president and director of

marketing for CFS Bank. "We're more than happy to be the ones to make life --

and banking -- a lot easier for Connecticut residents."