Savings Institute Bank and Trust Company - M&A Summary, Ownership, and Business Overview

Financial ServicesCompany

Savings Institute Bank and Trust Company M&A Summary

Savings Institute Bank and Trust Company has acquired 1 company of its own.

Savings Institute Bank and Trust Company has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

Savings Institute Bank and Trust Company Ownership

Who owns Savings Institute Bank and Trust Company?

Savings Institute Bank and Trust Company is owned by Berkshire Hills Bancorp. It was acquired on December 11, 2018.

Savings Institute Bank and Trust Company Business Overview

Where is Savings Institute Bank and Trust Company headquartered?

Savings Institute Bank and Trust Company is headquartered in Willimantic, Connecticut.

What is Savings Institute Bank and Trust Company’s revenue?

Savings Institute Bank and Trust Company disclosed revenue of 53M USD for 2017 and 52M USD for 2016.

What sector is Savings Institute Bank and Trust Company in?

Savings Institute Bank and Trust Company is a financial services company.

When was Savings Institute Bank and Trust Company founded?

Savings Institute Bank and Trust Company was founded in 1842.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 2

Savings Institute Bank and Trust Company

SI Financial Group, Inc.

803 Main Street,
Willimantic, Connecticut 06226
United States,
(860) 423-4581
www.mysifi.com

Savings Institute Bank and Trust Company is a community-oriented financial institution that offers a full-range of financial services to individuals, businesses, and municipalities within its market area. Savings Institute Bank and Trust Company was formed in 1842 and is based in Willimantic, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Newport Bancorp, Inc. 2013-03-05 - Add-on Acquisition
Newport, Rhode Island
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (100%) - - -
Total 1 - - -

By Geo

State/Country Buy Value Sell Value
United States 1 - - -
  Rhode Island 1 - - -
Total 1 - - -

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
 1
Legal Deals
Kilpatrick Townsend & Stockton LLP
 1

Company Summary

SECTOR

Financial Services

Revenue

53   2% 2017
52   9% 2016
48   3% 2015
47   24% 2014
38   2013
53   7% 2009
57   8% 2008
53   2007
(millions of USD) Show More Show Less

Established

1842

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