Region — Clinton Savings Bank has announced that it has purchased its current branch building at 35 Central St. in Berlin.
“The purchase of the branch building, where the bank has been a tenant since the 1990s, is a great addition to Clinton Savings Bank’s real estate portfolio because of its strategic location, perfectly situated with access to major commuter routes like route 495. This transaction ensures that we will remain committed to the local footprint where we will continue to service Berlin’s residents and businesses by offering the wide range of products they have come to expect from us,” said President and CEO Robert J. Paulhus Jr.
Clinton Savings Bank has served the Berlin community for 36 years since it opened its doors in September of 1983 in an 844-square-foot location down the road at 25 Central St. On July 15, 1998, the bank signed a lease for the first floor of the 35 Central St. location to serve a growing customer base. The historic building has 4,400 square feet of which the bank currently uses only one-third. The additional square footage will provide space to enhance services, further support the bank’s relationship banking model and merge the history of Clinton Savings Bank’s presence in the community with the technology that customers want.