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Ion Bank News

Web Site: http://www.ionbank.com
- West Side Office 500 West Main St., Meriden, CT 06451 - 2708
Tel: (203) 639-8866 Fax: (203) 639-2808

Ion Bank is an independent community-based bank committed to providing a full line of consumer and business products and services.

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After two and a half years, Castle Bank is no long ...

January 21, 2002

After two and a half years, Castle Bank is no longer a start-up business. In this shaky economic climate, the bank has demonstrated a profit for last year. Its growth was due partly to new deposits and writing new loans. Among its peer group, Castle Bank leads in assets. Customers displeased by bank mergers and local branches of out of state companies welcome the small town banks, along with the State Department of Banking and local businesses. In building the bank, President and Chief Executive Officer Larry McGoldrick hopes to continue rebuilding downtown. Castle provided many of the loans for the expansion and growth of local businesses, and worked closely with various economic development groups. Customers appreciate the opportunity to develop a relationship with people in the bank.

 
 

Member News is provided as a service of the Midstate Chamber of Commerce and is also featured in the monthly "Chamber News" newsletter mailed to members.

The “original publication date” of Member News articles posted on this web site reflects the date this article was added to the Chamber database and may not necessarily reflect the date such news events occurred.