Additionally, it has also received required regulatory approvals and it expects to close the transaction in early June, 2009.

New England Bancshares is the holding company of New England Bank. New England Bank operates twelve banking centers catering the communities of Enfield, Bristol, Ellington, Manchester, Southington, Suffield, Terryville, East Windsor and Windsor Locks, Connecticut. The Apple Valley Bank & Trust Company operates three offices in Cheshire, Southington and Wallingford, Connecticut.