BRISTOL - Thomaston Savings Bank continues to expand, having recently been approved to open its 14th branch at the intersection of Scott Swamp Road and New Britain Avenue in Farmington.
Thomaston Savings Bank President and CEO Stephen Lewis said the full-service branch was created to provide more easily accessible service to customers in Farmington and Plainville.
“It’s a nice spot for us,” he said. “We’ll be taking over part of an old manufacturing facility and the rest of the building will be a mixed use commercial space according to the developer. I think that we’ll be getting going on construction very soon - once the weather clears. We’re hoping to open this fall.”
Lewis said Thomaston Savings Bank is “committed to making our community the best it can be for the people who live and work here” - and that includes health care.
As the bank moves forward on developing in Farmington, it has also made a $150,000 grant to Bristol Hospital’s Emergency Center Capital Campaign.
“When the unexpected happens, Bristol Hospital’s Emergency Center is there to treat patients with the best care,” said Lewis. “Partnering with Bristol Hospital as they grow to meet the needs of the community isn’t just charitable, it’s necessary. It’s our obligation as a corporate and community partner to invest in organizations that take pride in our community and understands the importance of accessibility at all times.”
Other new developments with Thomaston Savings Bank include the hiring of Trish Tomlinson as a commercial lender and Bob Frazee as a mortgage specialist. Frazee will operate out of the branch on Middle Street in Bristol and Tomlinson will be covering the Farmington and Bristol market.
“Trish joined us about a month-and-a-half ago and she has more than 25 years of experience as a commercial lender,” said Lewis. “She brings with her a great amount of experience and we are happy to have her on-board as part of our commercial lending team.”
Thomaston Savings Bank also has “a variety of offerings” for first-time homebuyers. Lewis said that these special offerings include reduced interest rates or down payments or down payment assistance.
Lewis also wants to remind people that it is IRA (Individual Retirement Account) season.
“It’s a good time of the year to look at your financial planning and consider utilizing an IRA,” said Lewis. “We have a financial advisor and financial planner, Amber Pinette, working out of our Middle Street office in Bristol who is happy to help.”
For more information on Thomaston Savings Bank, visit thomastonsavingsbank.com or call 1-855-344-1874.
Brian M. Johnson can be reached at 860-973-1806 or firstname.lastname@example.org.