Willimantic, CT (April, 2014) – Savings Institute Bank & Trust has announced that James Thomas Morrison has been promoted to Senior Vice President/ Credit, Commercial & Collections Manager. His responsibilities will include asset quality and portfolio management as well as the management of commercial loan production and documentation. Tom will oversee collection activities along with OREO property management and liquidation.
Tom has over 30 years of banking experience and he began his career with Savings Institute Bank & Trust in 2006 and has worked in Commercial Loan Administration as a Managed Assets Manager since 2007.
“Tom is a very dedicated employee and such an asset to our Commercial Lending Administration team here at Savings Institute Bank & Trust.” Stated Rheo Brouillard, President & CEO. “He has been a trusted employee and is now a valued member of our Senior Management team.”
Tom is a Providence College graduate and lives in East Hartford with his wife, Jacqueline and children, Grace and Barbara.
Savings Institute Bank & Trust Company which is headquartered in Willimantic, Connecticut offers twenty-six branches throughout Rhode Island and eastern Connecticut. At $1.4 Billion, the bank is a full service community-oriented financial institution dedicated to serving the financial service needs of consumers and businesses within its market area.