United Financial Bancorp, Inc. and United Bank Announces Retirement of Scott C. Bechtle as Executive Vice President and Chief Risk Officer, Effective December 30, 2014
December 29, 2014 at 04:08 pm EST
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On December 29, 2014, United Financial Bancorp, Inc. and United Bank and Scott C. Bechtle announced that they have agreed that Bechtle will retire from his positions at United, primarily Executive Vice President and Chief Risk Officer, effective December 30, 2014. United intends to have Mr. Bechtle's risk oversight responsibilities divided into a credit risks function overseen by Executive Vice President and Chief Credit Officer Mark A. Kucia, and all other risks overseen by Executive Vice President and new Chief Risk Officer Elizabeth "Betsy" Wynnick. United has agreed to treat Mr. Bechtle's retirement as a termination without cause under his Employment Agreement.
United Financial Bancorp, Inc. is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services. The Company's operations include the delivery of loan and deposit products to customers. Personal and business banking customers also bank with the Company online through its Website at www.bankatunited.com, as well as its mobile and telephone banking channels. The Company originates commercial loans, commercial real estate loans, residential and commercial construction loans, residential real estate loans collateralized by one- to four-family residences, home equity lines of credit and fixed rate loans and other consumer loans. The principal lending activity of the Bank is to originate loans secured by first mortgages on one- to four-family residences.
United Financial Bancorp, Inc. and United Bank Announces Retirement of Scott C. Bechtle as Executive Vice President and Chief Risk Officer, Effective December 30, 2014