During the corresponding time, United Financial Bancorp Inc saw a revenue deteriorated by -16.26 % year on year, sequentially revenue fell by -15.77 %. While revenue at the United Financial Bancorp Inc 's corporate clients
United Financial Bancorp Inc's Comment on Sales, Marketing and Customers
We operate in primarily suburban market areas throughout Connecticut and Massachusetts
that have a stable population and household base. Currently, we maintain over
50 retail banking branches covering markets throughout Connecticut and Massachusetts,
providing customers access to full-service banking opportunities including retail
banking, consumer and commercial lending, private banking and financial advisory
services.
Our retail banking and lending offices are located in Connecticut throughout
Hartford, New Haven, New London and Tolland Counties and in Massachusetts in
West Springfield, Greater Springfield and Worcester regions. In addition, we
maintain a limited service commercial loan production office and a mortgage
loan origination office in New Haven County, now supported by two retail branches
in Hamden and North Haven. Our market area in Connecticut is located in the
north central part of the state including, in part, the eastern and western
parts of the greater Hartford metropolitan area and the central part of New
Haven County. Our market area in Massachusetts covers a wide geography in the
western, eastern and central parts of the state.
Our Corporate Headquarters is located in Glastonbury, Connecticut, a suburb
of Hartford. Our Connecticut and Massachusetts markets have a mix of industry
groups and employment sectors, including services, wholesale/retail trade, construction
and manufacturing as the basis of the local economy. The Company’s primary
deposit gathering area consists of the communities and surrounding towns that
are served by its branch network. Our primary lending area is much broader than
our primary deposit gathering area and includes the entire state of Connecticut
as well as central, western and eastern Massachusetts and to a lesser extent,
other states outside our footprint, although most of the Company’s loans
are made to borrowers in its primary deposit gathering area. In addition to
our primary lending areas we have expanded lending activities to include an
out-of-state regional commercial real estate lending program as well as mortgage
banking and commercial banking loan production offices in Norfolk and Barnstable
Counties Massachusetts and Fairfield and Litchfield Counties, Connecticut.
Lending Activities
United Financial Bancorp Inc’s Comment on Sales, Marketing and Customers
We operate in primarily suburban market areas throughout Connecticut and Massachusetts
that have a stable population and household base. Currently, we maintain over
50 retail banking branches covering markets throughout Connecticut and Massachusetts,
providing customers access to full-service banking opportunities including retail
banking, consumer and commercial lending, private banking and financial advisory
services.
Our retail banking and lending offices are located in Connecticut throughout
Hartford, New Haven, New London and Tolland Counties and in Massachusetts in
West Springfield, Greater Springfield and Worcester regions. In addition, we
maintain a limited service commercial loan production office and a mortgage
loan origination office in New Haven County, now supported by two retail branches
in Hamden and North Haven. Our market area in Connecticut is located in the
north central part of the state including, in part, the eastern and western
parts of the greater Hartford metropolitan area and the central part of New
Haven County. Our market area in Massachusetts covers a wide geography in the
western, eastern and central parts of the state.
Our Corporate Headquarters is located in Glastonbury, Connecticut, a suburb
of Hartford. Our Connecticut and Massachusetts markets have a mix of industry
groups and employment sectors, including services, wholesale/retail trade, construction
and manufacturing as the basis of the local economy. The Company’s primary
deposit gathering area consists of the communities and surrounding towns that
are served by its branch network. Our primary lending area is much broader than
our primary deposit gathering area and includes the entire state of Connecticut
as well as central, western and eastern Massachusetts and to a lesser extent,
other states outside our footprint, although most of the Company’s loans
are made to borrowers in its primary deposit gathering area. In addition to
our primary lending areas we have expanded lending activities to include an
out-of-state regional commercial real estate lending program as well as mortgage
banking and commercial banking loan production offices in Norfolk and Barnstable
Counties Massachusetts and Fairfield and Litchfield Counties, Connecticut.
Lending Activities
Sources:
United Financial Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: United Financial Bancorp Inc’s corporate clients.
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