United Financial Bancorp: A Bank Holding Company

It was in 2005 that United Financial Bancorp, Inc. started its operations. The company is registered as an American holding business for the United Bank. The company is headquartered in Glastonbury, Connecticut and publicly trades its common stocks on the NASDAQ, using the symbol UBNK.

The current structure of this financial institution is the result of the merger of two companies that have been around for more than a century. Rockville Bank, which was formed in 1858 acquired United Bank (1882) in 2014. Although Rockville is the legal acquirer, the company opted to retain the United brand name. Today, the company offers a wide range of financial services that are categorized under business, private and investing. Under their business financial solutions, the company offers checking, savings, online and mobile banking and as well as other business services. They also offer various types of loans, including small business lending, real estate loans, commercial lending, business credit cards, personal loans, mortgages, auto loans, home equity loans and consumer credit cards. Through their United Northeast Financial Advisors, consumers are able to reach to their financial advisors. These professionals offer investment and insurance products through INFINEX INVESTMENTS, INC.

Listed as a premier community bank in New England, United Financial Bancorp is not only for their exceptional customer service, but also for its commitment to giving back to the community. The company continues to provide its services in the Connecticut and Massachusetts areas. During its fourth quarter activities in 2014, the company has declared an operating income of more than $8.3 million with total assets under management of $5.5 billion.

There are currently more than 50 branches that operate within the two states. Its products and services are backed by the company’s well-invested banking technology that are intended to provide a one of a kind banking experience to their business partners. There are more than 700 associates that the company employs.