"The new name connotes a sense of well-being, and promises a premium banking experience," said CEO Peyton R. Patterson. "It is straightforward, honest and to the point. In short, clients can expect to be treated, served and advised well at Bankwell.
"We will continue to be the `gold standard' for what it means to be a community bank, providing the best possible customer service and adding value to the communities we serve. At Bankwell, we'll bring together even greater financial capabilities and expertise in a truly local bank. Our rebranding signals our confidence in the future."
While the public will see a fresh, new look at Bankwell branches, the ownership of the company is not changing and customers will continue to see the same faces they've come to know.
Bankwell serves the personal finance, business banking and lending needs of consumers and businesses throughout Fairfield County. The bank operates five branches in New Canaan, Fairfield and Stamford, and has a loan production office in Bridgeport. Bankwell has a definitive agreement to acquire the Wilton Bank later this year, pending regulatory approval.