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In the News Press Release

Stamford Advocate Quotes Rob Taylor on Naugatuck Valley Financial Going Fully Public

Publisher: Stamford Advocate
July 1, 2011

Rob Taylor was quoted in the Stamford Advocate, discussing Naugatuck Valley Financial's conversion from a mutual holding company to a fully public stock holding operation. The conversion will provide an infusion of capital for Naugatuck that's needed for growth. Rob noted that People's United Bank of Bridgeport was the first financial institution in the country to adopt a mutual holding company format when it sold 20 percent of its stock to the public in 1988.

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