Liberty inches closer to Fairfield County with Southern Bank buy

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Middletown-based Liberty Bank, the state’s largest mutually held financial institution, announced Wednesday it is acquiring The Bank of Southern Connecticut for $11 million. Liberty Bank, with $3.5 billion in assets, is still owned by a mutual holding company and is the third largest Connecticut headquartered bank in the state. Only People’s and Webster are larger. […] [Read More]
Categories: Banking

Joint Chiefs call on Congress to call off sequestration

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The Joint Chiefs for Staff for the U.S. Military have sent a letter to Congress warning that if they do not stop sequestration, the United States will be left with a hollow force. The letter, reported on by Politico.com’s Morning Defense blog highlights the concerns of the nation’s top military brass. Defense contractors are bracing […] [Read More]