SI FINANCIAL GROUP, INC. (NASDAQ:SIFI) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

Effective August 23, 2017, the Board of Directors of SI Financial Group, Inc. (the “Company”) approved Amended and Restated Bylaws. The Amended and Restated Bylaws added Article VII that is an indemnification provision that mirrors a provision contained in the Company’s Articles of Incorporation and specifically confirms that any indemnification payments be made in conformance with Section 18(k) of the Federal Deposit Insurance Act and the regulations issued thereunder. The changes were made in connection with the Company’s becoming a bank holding company, which will be effective on August 28, 2017.

SI Financial Group, Inc. Exhibit
EX-3.2 2 exhibit32sifinancialgroupi.htm EXHIBIT 3.2 Exhibit Exhibit 3.2SI FINANCIAL GROUP,…
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About SI FINANCIAL GROUP, INC. (NASDAQ:SIFI)

SI Financial Group, Inc. is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services. The Bank accepts deposits from the general public and uses those funds to originate one- to four-family residential mortgage loans, multi-family and commercial real estate loans, commercial business loans, and construction and consumer loans. The Bank also purchases commercial business loans, including loans fully guaranteed by the Small Business Administration (SBA) and the United States Department of Agriculture (USDA). The Bank sells certain fixed-rate one- to four-family residential conforming loans it originates in the secondary market with the servicing retained. The remainder of the Bank’s loan portfolio is originated for investment.