Hartford Business Journal

HBJ041723

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HARTFORDBUSINESS.COM | APRIL 17, 2023 27 With Liberty Bank It's a Relationship Built on Trust Member FDIC Equal Housing Lender liberty-bank.com To the People and Businesses of Connecticut, At Liberty Bank, our mission is to improve the lives of our customers, teammates and communities for generations to come. We achieve this by delivering extraordinary banking experiences for our customers, maintaining the reputation for being a top workplace for our teammates and collaborating with local organizations through generous giving and volunteerism. Understandably, current events surrounding the national banking industry have created a level of uncertainty for consumers and businesses. However, you can be certain Liberty could not be more different from Silicon Valley Bank and Signature Bank. We are successful because we manage the Bank in a financially responsible and conservative way. We focus on safety and soundness while operating from a position of strength with excellent earnings, capital and liquidity. At nearly 200 years old, we are the oldest and largest independent mutual bank in the country with more than $7 billion in assets and we have remained on strong financial footing for 198 years. As a mutual bank, we are owned by our customers – not driven by outside shareholders or Wall Street motives. Liberty is also committed to making sure our personal and business customers' banking experience and their money are safe and protected. Liberty Bank is not alone in our commitment to the financial well-being of the people and businesses of Connecticut. Our fellow Connecticut banks are healthy and strong. We have built long-term confidence with our respective customers through transparency, integrity and accountability. Also, as we witnessed during the pandemic, Connecticut banks stand ready to join forces when called upon to take care of our customers, non-customers and communities at large. But when it comes to Liberty Bank, recent unsolicited customer compliments like the following give us peace of mind knowing our customers' trust in us as their bank of choice is resolute: "I am a 4th generation Liberty customer. My family has been banking with Liberty Bank since the 1940s and I happily continue the tradition." I can say with 100% confidence that Liberty is positioned as well as any bank in the country and we will maintain an untiring commitment to delivering on our brand promise: Be Community Kind. On behalf of my teammates and Board of Directors, thank you for your partnership with us and other banks in Connecticut. At Liberty Bank, it's a relationship built on trust. Sincerely, David W. Glidden President & CEO

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