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Ion Bank Foundation Awards Local Grants

Charles J. Boulier III, President & CEO of Ion Bank and Ion Bank Foundation announced that the Ion Bank Foundation awarded $39,700 in grants to eight area non-profit organizations. The funds are used to support a wide variety of projects and programs in the communities served by the bank. The recipients are: Non-Profit Organization Grant…

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Ion Bank Hosts Cyber Security Seminar

Ion Bank recently conducted a Cyber Security seminar for business customers which focused on Corporate Account Takeover (CATO) and Information Security Awareness. The seminar was presented by Suzette Leal, CISM, Assistant Vice President, Information Security Officer and was held at Ion Bank's 1430 New Haven Road, Naugatuck office. Also included was a panel discussion featuring…

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What to Expect from Mortgage Fees

When we go through the homeownership process and eventually apply for a loan, many of us are often shocked at the attached fees, also known as closing costs. In general, “closing costs” pertain to the down payment. They can be anywhere from three to over 20 percent depending on the mortgage and about six percent…

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LinkedIn Hack – Millions of Accounts for Sale on the Dark Web

LinkedIn recently announced that the account information of 117 million LinkedIn users recently surfaced on the online black market. The information was apparently stolen during the 2012 LinkedIn data breach. If you are a member of LinkedIn, we suggest you change your password immediately. Once logged into your account, hover over your photo in the…

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Types of Small Business Loans

Several factors will determine the best loan strategy for your company. When working with an Ion Bank commercial loan officer, you may be asked about: The amount of money needed What you need it for How soon you need it How quickly you’ll be able to pay the loan back How long you’ve been in…

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