Cynthia C. Merkle elected president of Union Savings Bank

Cynthia C. Merkle elected president of Union Savings Bank

[Danbury, Conn., April 29, 2014]— Cynthia C. Merkle has been elected president of Union Savings Bank in Danbury, announced Jack Tyransky, Chairman of the Board of Union Savings Bank. Merkle will continue to serve as chief operating officer in addition to her new role. Fran Dattalo will remain as chief executive officer until his retirement at year-end, at which time Merkle will also assume the role of CEO.

“I am excited to share this news and saddened at the same time,” stated Tyransky. “Fran Dattalo continues to do an outstanding job in leading us through difficult times. His commitment and dedication to customers, community and employees has never wavered. I know that Cindy and Fran will work closely together over the remainder of the year to ensure that the leadership transition will be seamless.” 

Dattalo made the following statement with respect to his retirement, “I have had a wonderful forty-five year career working with some exceptional people, and if I could have planned it from the start I can’t imagine a better place to complete the journey. It has been a privilege to lead this bank and work with our team of employees who truly care about their customers, communities and fellow employees. It’s hard to think about leaving a job you enjoy along with the people you care about, but I am ready to spend more time with my wife, daughters and their families.”

Dattalo continued, “I am very pleased and know that I leave the Bank in good hands, with the appointment of Cindy as President. Over the past year, Cindy has made a significant impact with the wealth of experience and leadership she brings to Union Savings Bank. I am extremely confident that she and our strong management team will continue to provide superior service to meet our customers’ needs and contribute to Union Savings Bank’s future growth.”

Merkle joined Union Savings Bank in 2013 as executive vice president and chief operating officer. Prior to joining Union Savings Bank, she served as executive vice president at Eastern Bank in Boston – the largest independent and mutually owned bank in New England.

“I am honored to be appointed president of Union Savings Bank,” stated Merkle. “I look forward to continuing to work with our leadership team to engage with our customers and communities while providing the utmost level of service.”

Merkle graduated from Bryant College in Smithfield, R.I. with a bachelor’s degree in management and holds an Associate of Science degree from Endicott College in Beverly, Mass. She resides in Danbury.

About Union Savings Bank

Established in 1866 and headquartered in Danbury, Conn., Union Savings Bank is a $2.3 billion mutual bank dedicated to being the bank of choice. As a full-service financial institution, Union Savings Bank provides banking, mortgage, investment, trust and insurance products throughout western Connecticut with 28 offices in Bethel, Brookfield, Canton, Danbury, Goshen, Kent, Litchfield, Marble Dale, Monroe, New Fairfield, New Milford, Newtown, Ridgefield, Roxbury, Sharon, Southbury, Torrington and Washington Depot. The bank provides financial services to individuals, businesses, not-for-profit organizations and government entities through its commercial, residential and consumer lending, corporate services, retail banking and wealth management divisions.For more information, please visit unionsavings.com, and connect with the bank on LinkedIn and Facebook.