About Us

History 

Union Savings Bank was founded in 1866 by a group of Danbury businessmen including James S. Taylor, the Bank’s first President who was a descendant of Thomas Taylor, patriarch of one of the seven original families that founded Danbury.  James Taylor was an attorney and prominent businessman, who purchased many parcels of land and buildings, and loaned money to many people. He owned the land and the original wood frame building (which he used as an office for the bank) located at 226 Main Street in Danbury, which is now an impressive 3-story, terracotta brick building listed on the National Register of Historic Places.  It is considered a historical landmark in the City of Danbury and still houses our Main Office.

Over the years, Union Savings Banks grew steadily to include 19 branch offices located throughout western Connecticut.  And in 2010, a merger with The First National Bank of Litchfield (FNBL), the oldest nationally chartered bank in the state of Connecticut, expanded the branch offices to 28.  FNBL was created at the birth of our country in 1814, with Benjamin Tallmadge, George Washington’s spymaster during the Revolutionary War, serving as one of the founding fathers.  It remained a driving force behind Litchfield County’s growth for 196 years. 

The merger was finalized on April 7, 2010.  Together, the resulting bank boasts over 340 years of collective banking experience and deep-rooted traditions of helping customers and communities grow and thrive.  This transaction is a natural progression which will offer The First National Bank of Litchfield and Union Savings Bank customers access to enhanced financial services within a broader geography, while preserving the legacy of community banking in western Connecticut. 

Union Savings Bank is a more than a bank.  It is a forward-thinking institution of trustworthy, dependable advisors unified by our tradition of helping customers and communities to financially grow and prosper; now and for generations to come.