Fairfield County Bank holds 144th Annual Meeting

FAIRFIELD COUNTY BANK HOLDS 144th ANNUAL MEETING

Fairfield County Bank held its 144th Annual Meeting. Attendees included members of the Board of Directors, the Board of Incorporators and Senior Management of the Bank. The Annual Meeting is a forum for reporting to the Incorporators the financial well-being of the Bank and strategic initiatives.

The Bank’s Board of Incorporators is made up of Fairfield County business professionals. This year John G. Simpson of Raymond James, located in Ridgefield, CT was elected to the Board of Incorporators.

Paul S. McNamara, Chairman, David A. Schneider, CEO, and Daniel L. Berta, President, presented an overview of Connecticut’s economy, the Bank’s financial data and the success of the Bank’s recent system upgrade. The presentations of the group showed the organization has planned ably for economic conditions and is performing better than the peer group it uses in its benchmark and performance metrics.  All are confident the Bank will achieve continued success and perform well in the coming year.

Presentation highlights included a review of the economy, enhancements in electronic banking, including new features introduced in the Bank’s recent upgrade, and community support with over $800,000 in financial contributions and support to civic and non-profit organizations. 

Headquartered in Ridgefield, CT, Fairfield County Bank operates: 18 branch offices throughout Fairfield County. Fairfield County Bank Insurance Services, LLC, also headquartered in Ridgefield, and Fairfield County Financial Services, which provides access to investments through Infinex Investments, Inc., partner with the Bank in providing a wide spectrum of insurance and financial services to the customers and communities the Bank serves. The bank is a recipient of the Bauer Financial, Inc Five Star Award.

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Submitted by Westport, CT

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