NewAlliance Bank, a subsidiary of NewAlliance Bancshares, plans to open a new branch in Downtown Hartford, Connecticut. The new branch is scheduled to open in early 2010. The branch will be owned and operated by Northland Investment.
NewAlliance intends to offer a full suite of commercial products and services designed to meet the needs of medium-to-small businesses, a range of personal banking services, including checking, savings and investment products, and a variety of amenities including online banking and 24 hour ATM service to meet the needs of downtown Hartford’s workers and residents.
Peyton Patterson, chairman, president and CEO of NewAlliance, said: “We are excited about being part of downtown Hartford. We have a presence in many of Hartford’s suburban areas and our Parkville branch has been serving one of the city’s important neighborhoods. Now is a key time to move into downtown Hartford and become a financial resource for the residents there, and the many people who come in and out every day for work and visits.”