Liberty Bank Completes Purchase of Simsbury Bank & Trust

Connecticut’s oldest bank has finished its acquisition of the $480 million-asset Simsbury Bank & Trust Co.

State Revokes Troubled Mortgage Lender’s License

An East Hartford-based mortgage lender has had its license to operate revoked by the state Department of Banks following an investigation into charges it was using unlicensed personnel to originate residential mortgages and the loss of its surety bond.