SI FINANCIAL GROUP, INC. (NASDAQ:SIFI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 20, 2017, SI Financial Group, Inc. (the “Company”), the holding company for Savings Institute Bank and Trust Company (the “Bank”), announced the retirement of Gerald D. Coia as Senior Vice President and Chief Credit Officer of the Bank effective December 31, 2017. The Company also announced that Paul R. Little has been named Chief Credit Officer and Kenneth Martin has been named Chief Lending Officer of the Bank effective December 31, 2017.
Mr. Little was named Chief Lending Officer in 2013 after having served as Senior Vice President and Senior Commercial Loan Officer since he joined the Bank in 2011. Mr. Martin has served as Vice President and Rhode Island Market Executive since joining the Bank in May 2017.
A copy of the press release announcing the appointments is attached as Exhibit 99.1 in this Current Report and incorporated herein by reference.
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Item 9.01 |
Financial Statement and Exhibits |
Exhibits
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SI Financial Group, Inc. ExhibitEX-99.1 2 exhibit991pressrelease-ret.htm EXHIBIT 99.1 Exhibit PRESS RELEASE (NASDAQ Global Market: SIFI)FOR IMMEDIATE RELEASESI FINANCIAL GROUP,…To view the full exhibit click here
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.
