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    First Connecticut Bancorp, Inc. (FBNK)

    15.26 Down 0.13(0.84%) 4:00PM EST
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    First Connecticut Bancorp, Inc.
    One Farm Glen Boulevard
    Farmington, CT 06032
    United States - Map
    Phone: 860-676-4600
    Website: http://www.farmingtonbankct.com

    Index Membership:N/A
    Industry:Money Center Banks
    Full Time Employees:337

    Business Summary 

    First Connecticut Bancorp, Inc. operates as the holding company for Farmington Bank that provides various commercial and consumer banking services to businesses, individuals, and governments in Central Connecticut, the United States. It offers various deposit instruments, including checking and savings accounts, money market savings accounts, negotiable order of withdrawal accounts, demand deposits, and fixed-rate time deposits. The company also provides one-to-four family residential real estate loans; commercial real estate loans; construction loans, such as commercial construction loans and real estate subdivision development loans to developers, licensed contractors, and builders for the construction and development of commercial real estate projects and residential properties, as well as loans to individuals and contractors for the construction and acquisition of personal residences; and commercial loans comprising term loans, revolving lines of credit for working capital needs, equipment lines of credit to facilitate the purchase of equipment, and letters of credit. In addition, it offers resort loans; home equity loans and home equity lines of credit secured by owner-occupied one-to-four family residences; and consumer loans, including installment, demand, revolving credit, and collateral loans, as well as originates, purchases, and services loans. The company operates 22 full service branch offices, 4 limited service offices, and 2 stand-alone ATM facilities in Hartford County. First Connecticut Bancorp, Inc. was founded in 1851 and is based in Farmington, Connecticut.

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    Corporate Governance 
    First Connecticut Bancorp, Inc.’s ISS Governance QuickScore as of Jan 1, 2015 is 9. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 9; Compensation: 7.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. John J. Patrick Jr., 56
    Chairman, Chief Exec. Officer, Pres, Chairman of Farmington Bank, Chief Exec. Officer of Farmington Bank and Pres of Farmington Bank
    Mr. Gregory A. White , 51
    Chief Financial Officer, Exec. VP, Chief Financial Officer of Farmington Bank, Exec. VP of Farmington Bank and Treasurer of Farmington Bank
    Mr. Michael T. Schweighoffer , 52
    Chief Lending Officer, Exec. VP, Chief Risk Officer of Farmington Bank and Exec. VP of Farmington Bank
    Mr. Kenneth F. Burns , 55
    Exec. VP and Director of Retail Banking
    Ms. Catherine M. Burns ,
    Chief Risk Officer and Exec. VP
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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