From the Office of the CEO
State of the Bank Update
January 9, 2015
As we look back on 2014, we are pleased to report that Fairfield County Bank had another successful year. While much has changed since our founding in 1871 what has not changed, is our commitment to serve the financial needs of the members of the communities we service.
Let’s take a moment to reflect on what made 2014 another positive year for our customers, employees and the communities we serve. We ended 2014 on a strong note, remained well capitalized with all capital assets ratios over 10%. Our earnings were strong, while our commitment to expense management is seen throughout the organization. Community service and support are of the utmost importance to us; through employee volunteerism and financial contributions we have helped more than 300 non-profit and civic organizations throughout Fairfield County this past year.
Looking ahead, we continue to embrace technological innovation and have a strategic commitment to grow our product capabilities. Our Core System Upgrade is only weeks away and we anxiously await the improvements that will be seen in every aspect of our business. This significant investment in our infrastructure will dramatically enhance our ability to serve our clients, improve efficiency and more effectively manage our institution
We have the products and people to meet any banking, insurance or investment need. Each day we look forward to providing our customers with exemplary service and product options that will fulfill their diverse financial service needs. Thank you to our customers and employees for making 2014 another great year.
We look forward to 2015, a year of change and growth.
David A. Schneider
Chief Executive Officer
Click here to view our 2014 Annual Report