For Immediate Release
April 2, 2007
CONNECTICUT CONVENTION CENTER SELECTS THE CONNECTICUT BANK AND TRUST COMPANY FOR FINANCIAL SERVICES
State’s Premiere Meeting Facility Partners With State’s Fastest Growing New Bank
HARTFORD, CT – The Connecticut Convention Center has selected The Connecticut Bank and Trust Company (“CBT”) to provide its financial services, from cash management to ATM’s, officials from both companies announced today.
“We are excited about becoming the official banking partner of the Connecticut Convention Center,” said David A. Lentini, president of CBT. “This new partnership brings our brand of outstanding customer service to a venue known for an outstanding hospitality experience.”
“This joint venture with the Connecticut Convention Center will benefit both organizations,” Lentini added. “Access to CBT’s top-notch professional team and service platform will improve the operating efficiency of the Center, while CBT gains a desirable customer and significant marketing opportunities.”
“There is a high level of synergy between the Convention Center and CBT,” said Mike Costelli, the Center’s General Manager. “We are both new, successful and growing businesses that share a commitment to Connecticut’s future.”
About the Connecticut Convention Center
The Connecticut Convention Center in Hartford is the largest full-service convention facility between New York and Boston. Overlooking the beautiful Connecticut River, it opened in June 2005 and features 140,000 square feet of exhibition space, a 40,000-square-foot ballroom and 25,000 square feet of meeting space, as well as ample parking. The facility is served by more than 6,500 local area hotel rooms, including the 22-story Marriott Hartford Downtown, adjacent to the Convention Center.
About The Connecticut Bank and Trust Company
CBT is a full service commercial bank chartered by the State of Connecticut. Headquartered in downtown Hartford, with six branch locations in neighboring towns, CBT offers a broad array of financial service products to businesses and individuals, as well as state and municipal agencies. Since opening its doors in 2004 with three banking offices, CBT has been the fastest growing de novo bank in Connecticut’s history. As of December 31, 2006, CBT had total assets of $100 Million. Later this year, CBT plans to open its seventh branch – in Rocky Hill.
David A. Lentini, CBT, 860-748-4250
Katie Blint, CTCC, 860-249-6000