Holds annual meeting
JEWETT CITY — Jewett City Savings Bank held its 153rd Annual Meeting of Corporators recently and bank President and CEO, Michael Alberts, announced record growth, including total assets of $484 million, a 9 percent increase over the previous year, and net income of over $5 million, up 17 percent from last year. This growth allowed the Bank to build on its commitment to providing loans to fuel business growth and expand residential mortgage capabilities to support homeownership. It also increased funding to the Jewett City Savings Bank Foundation to support non-profit organizations that work to enhance the quality of life in local communities.
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