Building on our past successes
A year unlike any other
2018 was a year to remember at Liberty! Epic on many levels, last year made me prouder than ever to be part of such an incredible, strong company. We drew closer to our vision - To Become the Most Admired Company in Connecticut - with our considerable accomplishments and chart-topping results. Our employees continued to impress with their dedication to our customers, communities and our brand. We were named a Hartford Courant Top Workplace for the seventh straight year and a Best Bank in America by Forbes for the first time!
Our partners put their best feet forward helping with two exciting transitions- the full revamp and launch of our new digital banking platform and website, and the move to our new 90,000-square-foot Corporate Headquarters set on an impressive 23 acres!
As a financially sound company, we celebrated 193 years of service to Connecticut and assets hit the $5.1 billion mark. We welcomed 13,565 new households, opened 18,000 consumer and 3,000 business checking accounts, and experienced $150 million in deposit growth. Liberty provided millions in loans for businesses and consumers. Our Foundation awarded more than $900,000 in grants and our employees volunteered 14,000 hours of service to our communities.
We are well positioned to continue full speed ahead into the future! Liberty is a unique institution devoted to being a trusted financial partner and resource.
For our customers, we are committed to your long-term success and will stop at nothing to help you manage your finances with ease and confidence.
For our communities, when you succeed, we succeed. We will continue to give back in ways that help move us toward a brighter future.
For our teammates, you make all of our successes a reality. We will remain dedicated to your growth, provide you with valuable resources and invest in you personally and professionally.
Over 11 years ago when I became President and CEO, I knew Liberty was special right from the start. Yet, I had no idea my journey would be so rewarding and memorable. I've had many, many proud moments, and I want to thank our amazing team for leading us to greatness. Although my retirement is bittersweet, I look forward to seeing what else unfolds as we turn the page to the next chapter in Liberty's history. Our new President and CEO, David W. Glidden, along with the rest of our team, will carry the torch to lead the way toward great accomplishments and building lasting relationships with our customers every step of the way.
Chandler J. Howard,
President and CEO
Awarded Hartford Courant Top Workplace since 2012
"Our customers are our number one priority and we remain committed to building lasting relationships. We continuously evaluate our business to ensure we are providing our customers with the services and tools necessary to manage their finances with confidence and ease. Our dedicated employees strive to provide an outstanding customer experience with every interaction."
Chief Retail Banking Officer
"Liberty Bank is deeply committed to helping individuals and families attain homeownership, a dream that is not easy for everyone to achieve. In doing so, we offer home lending products with attractive rates and features that fit every financial situation. Last year, we also conducted 104 financial literacy and first-time homebuyer education sessions throughout our assessment area and purchased $2.6 million CRA-related investments, which included support for a multi-family affordable housing building in East Hartford."
Community Development/Community Reinvestment Act (CRA) Officer