Community banks like ours and Northwest Community Bank in Winsted, our partner in Connecticut Mutual Holding Company, have been a source of great strength to the communities we serve.  With our partner we’ve continued to make consumer and small business loans throughout the crisis.  As partners we are a stronger resource for Litchfield County and can make larger loans and serve more customers better than we ever could individually. 

Our bank has been and continues to be challenged by competitors receiving so-called TARP support from the federal government, by greatly increased FDIC insurance assessments that will increase operating costs by more than $440,000   in 2009 alone, by the local economy, which has its own problems, and by myriad other factors. We remain strong, resilient, and optimistic about our future and our ability to positively affect the lives of our customers and communities.

I am proud that recent surveys reflect your confidence in our bank and your notable satisfaction with the service you receive at Litchfield Bancorp.  Our employees, those who greet you in our branches and those behind the scenes who make it all happen, are committed to providing the very highest level of service – it is our passion.  We are blessed with a wonderful staff who have served us well through these very difficult times and who will be there for you in the future.