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February 2018
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Jewett City Savings Bank Participates in America Saves Week with a Coloring Sweepstakes for Kids

As part of America Saves Week 2018, scheduled for February 26 to March 3, Jewett City Savings Bank is encouraging people to learn about better savings tactics including enrolling in automatic savings.

This year, the Bank is adding a special element to engage children. During America Saves Week, the Bank’s mascot, Stash McCash, will be hosting the America Saves Week Coloring Sweepstakes for children who are pre-kindergarten age, through fifth grade. A completed coloring sheet may be submitted at any Jewett City Savings Bank branch between February 26, 2018 and March 3, 2018. One winner from each age group will be chosen at random and will receive $25. Visit any Jewett City Savings Bank branch location or our website to get a coloring sheet.

During America Saves Week, Jewett City Savings Bank will offer new savings accounts and waive the minimum balance service fee for six months, giving consumers time to achieve the minimum balance by saving just $8 per week. Those opening a new savings account for a minor will receive a free piggy bank. New accounts can be opened at any Jewett City Savings Bank location.

“Setting a goal, making a plan, and saving automatically is a great way to start. This year we are proud to engage children in America Saves Week because it is never too early to start saving for your future,” said Kevin Merchant, president and CEO of Jewett City Savings Bank.

Initiated in 2007, America Saves Week is organized by America Saves and the America Savings Education Council. The week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status.





Sweepstakes Period. The America Saves Week Coloring Sweepstakes takes place February 26, 2018, through March 3, 2018.

Eligibility. The sweepstakes is open to legal residents of the United States who are of pre-kindergarten age or a student in kindergarten through fifth grade. The winner does not have to be a Jewett City Savings Bank customer. Employees of Jewett City Savings Bank and immediate family members (parent, child, sibling, and spouse) and persons living in the same household of each such employee (whether related or not) are not eligible. Void where prohibited by law.

Prize. The prize is $25.00 in cash for the winning child in each of the four sweepstakes categories: (1) pre-kindergarten; (2) kindergarten and first grade; (3) second and third grade; and (4) fourth and fifth grade. Prize is not transferable. No substitution of prize permitted. Federal, state, and local taxes, and any expenses relating to the acceptance and use of the prizes in this sweepstakes, are the responsibility of the parent(s) or legal guardian(s) of the winners.

Entry and winner selection. No purchase or payment of any kind is necessary to enter or win the prizes awarded in this sweepstakes. To enter, children may obtain a coloring sheet corresponding to the child’s current age (for pre-kindergarten) or school grade at any Jewett City Savings Bank branch location beginning February 20, 2018, or on the bank’s website ( beginning February 19, 2018. A completed coloring sheet may be submitted at any Jewett City Savings Bank branch between February 26, 2018, and March 3, 2018. Only one coloring sheet per child will be accepted during the sweepstakes. On March 5, 2018, one winner from each sweepstakes category will be chosen at random from the coloring sheets submitted during the sweepstakes period. An entrant may win only one prize. The winner will be notified by telephone according to the information provided on the coloring sheet. The odds of winning depend upon the number of entries received during the sweepstakes period. If any potential winner is found to be ineligible or does not comply with these official rules, the prize will be forfeited and an alternate winner may be selected. If any prize is not claimed by March 26, 2018, an alternate winner may be selected from the submitted coloring sheets. All prizes will be presented to a parent or legal guardian of the sweepstakes winner at the Jewett City Savings Bank branch of his or her choice.

Sponsor. This sweepstakes is sponsored by Jewett City Savings Bank, 111 Main Street, Jewett City, Connecticut.

Social service projects receive $11.5K from Jewett City Savings Bank Foundation

Ten social service projects in six local communities recently received a total of $11,500 in grants from the Jewett City Savings Bank Foundation. Announcement of the awards was made today by Kevin Merchant, president and CEO of Jewett City Savings Bank.

“We believe that a true hometown bank helps strengthen its community,” said Merchant. “That’s just one reason we were proud to reach out in support of a variety of community projects and programs through the Jewett City Savings Bank Foundation this year.”

Four projects in Griswold were supported by the Foundation. Griswold PRIDE (Partnership to Reduce the Influence of Drugs for Everyone) was awarded $1,500 to sustain medication collection events including Drug Take Back Days at Griswold Town Hall and a Mobile Drug Take Back Day at local senior housing complexes, to prevent misuse or abuse of unwanted prescription drugs.

Also in Griswold, $1,000 grants were awarded to Families and Community First Griswold to support six free financial literacy training programs, and to Veterans of Foreign Wars Post 10004 towards a memorial monument honoring area veterans who served in post-Vietnam campaigns. Griswold’s Pachaug Pond Weed Control Association also received a $1,000 grant to purchase a weed harvester to maintain the quality, recreational use, and economic value of the property.

The Foundation’s social service grants in Jewett City included $1,300 to the Griswold Senior Center to continue the Tai Chi exercise program for seniors. A $1,200 award was made to Thames Valley Council for Community Action (TVCCA) to provide winter boots for children of low-income families, a service project of the Retired and Senior Volunteer Program.

Moosup United Methodist Church was awarded a $2,000 Foundation grant to support the cost of utilities for a building housing Mainly Clothes, a clothing bank that serves as a referral outlet for other agencies.

A Foundation award of $1,000 will help the Arc of Quinebaug Valley in Danielson purchase musical instruments for an outdoor sensory garden. In Putnam, a $500 grant to American Legion Mayotte-Viens Post #13 will support Americanism programs in local schools and the American Legion Boys State Program.

Habitat for Humanity of Eastern CT in New London will use its $1,000 Foundation award to complete the construction of a new Habitat home at 1 Richard Avenue in Griswold.

Mainly Clothes

PJ Carvalho, Volunteer at Mainly Clothes

Seeking a Commercial Loan Officer

We are seeking a Commercial Loan Officer to join our Commercial Lending team. This individual will be responsible for performing a range of business development, origination, and administrative functions in conformance with the bank’s strategies, policies and procedures.  Duties include:

  1. Promote the Bank’s lending services by calling on prospective and existing clients to nurture ongoing relationships and cross sell other Bank services. Responsible for achieving individual loan growth goals.
  2. Adhere to established policies and procedures. Evaluate the adequacy of collateral and credit-worthiness of borrowers and guarantors.
  3. Help resolve problem situations.
  4. Monitor the borrower’s financial condition on an ongoing basis.
  5. Represent the Bank through participation in various community and industry-related activities.
  6. Responsible for presenting commercial loan requests to senior management and the Bank’s Board of Directors.

Position Requirements: Bachelor’s degree or its equivalent plus specialized training in lending, credit, or related subjects.  Five+ years of commercial lending experience.   Excellent analytical, organizational, and interpersonal skills.  Strong sales ability and negotiation skills.

To apply, please send your resume to

EEO/AA; all qualified applicants will receive consideration without regard to disability status, protected veteran status, or any other characteristic protected by law. If accommodations are needed in applying for this job, please call 860-376-7510 or email

$10.5K awarded for health services by Jewett City Savings Bank Foundation

Five health services organizations in Eastern CT were recently awarded a total of $10,500 in grants from the Jewett City Savings Bank Foundation, according to Kevin Merchant, president and CEO of Jewett City Savings Bank.

Two of the grants were made to Norwich nonprofits. United Community & Family Services received $5,000 to support its capital campaign for the Griswold Health Center. The Center for Hospice Care Southeast CT received a $500 grant in annual support and a second $500 award to support the Special Care Fund providing assistance for emergent family needs, special therapies and services for patients, and bereavement counseling.

In Danielson, Westcott-Wilcox Elderly Residential Housing received a $2,500 Foundation grant for necessary repairs and upgrades to heating and hot water systems to meet residential care home regulations. United Services, Inc. was awarded $1,000 in support of its capital campaign for the new Windham Regional Health and Wellness Center.

In Putnam, Day Kimball Healthcare received an annual support grant of $1,000 from the Foundation.

“Each of these health services agencies provides outstanding assistance, treatment, and care to people in the communities served by Jewett City Savings Bank,” said Merchant. “We are proud to help them respond to the needs of our friends and neighbors.”

UCFS Project

Progress at the new United Community and Family Services (UCFS) building in Griswold.

Jewett City Savings Bank Foundation awards $4.7K in arts and culture grants

The award of $4,700 in grants from the Jewett City Savings Bank Foundation have been made in support of arts and cultural projects, according to Kevin Merchant, president and CEO of Jewett City Savings Bank.

The Preston Historical Society received $3,000 from the Foundation to replace window units of the historical Long Society Meeting House located in Preston. The Finnish American Heritage Society in Canterbury will use its $500 award to upgrade and redesign museum and library areas to improve the presentation of items and artifacts for members and community education and research.

Also, the Killingly Historical and Genealogical Society in Danielson was awarded $200 from the Foundation for materials to build a shelving unit for the storage of museum displays. Performing Arts of Northeast Connecticut in Pomfret received an annual support grant of $1,000 that helps to continue to bring musical performances to elementary school students in Northeastern CT.

“We understand the value of preserving our history and celebrating the present through the performing arts,” said Merchant. “We are pleased to support both of these objectives through the Jewett City Savings Bank Foundation.”

Long Society Meeting House

On the steps of the Long Society Meeting House are (front left) Linda Christensen, President, and (front right) Donna Bowles, Vice President, of the Preston Historical Society, with (back) Mary Papenfoth, Branch Manager of the Preston office of Jewett City Savings Bank.


Jewett City Savings Bank earns ‘Best Community Bank’ honor for fourth consecutive year

Commercial Record GoldFor the fourth year in a row, Jewett City Savings Bank has earned top honors as the Best Community Bank in Connecticut in the annual poll of readers of The Commercial Record. The competition sponsored by the prominent trade publication measures the loyalty and satisfaction that readers have with providers of services in the financial and real estate industries.

The highest-ranked winners in each service category surveyed are considered to be a perfect example for others in their field in terms of performance and service.

“We are extremely proud to earn this honor again this year,” said Kevin Merchant, president and CEO. “Being recognized as the best in our field is a tribute to our longstanding dedication to our customers and to the communities we serve. We are grateful to those who expressed their confidence in us with their vote, and will do all we can do, each and every day, to continue to earn their loyalty and trust.”

Quicken and QuickBooks Service Update on Jan. 9

On January 9, 2018 we will be updating our Online Banking services to support bill payments through Quicken and QuickBooks.  All Quicken and QuickBooks users will have to complete an account deactivation and reactivation process to continue to connect to their Jewett City Savings Bank accounts.  This update will affect all Quicken and QuickBooks users, whether or not the bill payment feature is currently being used.  The instructions for completing the account reactivation/deactivation process for the Quicken and QuickBooks applications that are supported can be found using the links below.


Quicken for Mac 2015-2017 Direct Connect

Quicken for Mac 2015-2017 Express Web Connect

Quicken for Mac 2015-2017 Web Connect

Quicken for Mac 2007 Direct Connect

Quicken for Mac 2007 Web Connect

Quicken for Windows Direct Connect

Quicken for Windows Express Web Connect

Quicken for Windows Web Connect


QuickBooks for Mac Direct Connect

QuickBooks for Mac Web Connect

QuickBooks Online Edition (QBO V78)

QuickBooks for Windows Direct Connect

QuickBooks for Windows Web Connect

Assistance is available to QuickBooks users at QuickBooks Desktop Support or by calling 1-877-223-4710 weekdays from 5:00 a.m. to 5:00 p.m. (Pacific time).

Mint Users

Mint Update Information (Mint-com V40)



If you have questions about our Online Banking service, please call  us at 860-376-4444 during normal business hours.


Jewett City Savings Bank Foundation Awards $11.5K to Area Food Pantries

The Jewett City Savings Bank Foundation has awarded a total of $11,500 to seven area food pantries. Announcement of the grants was made today by Kevin Merchant, president and CEO of Jewett City Savings Bank.

“Without the vital services provided by our food pantries, any number of our neighbors could go hungry,” said Merchant. “We never want to see that happen, and we’re pleased to be able to help in any way we can.”

Awards in the amount of $2,500 each were made to Preston City Congregational Church Food Pantry in Preston and St. Mary Food Pantry in Jewett City for food to stock pantry shelves and provide staples for holiday meals. An additional $2,500 grant went to Project PIN Food Pantry in Moosup to help fund the purchase of a used van that will be used to pick up fresh meat and produce donated by local markets.

The sum of $2,000 was awarded to Friends of Assisi Food Pantry in Danielson to continue its diaper program and farmer’s market voucher program, to purchase food for pantry shelves, and to provide baby wipes. A grant of $1,000 to Gemma E. Moran United Way Labor Food Center in Gales Ferry will support the Center and its monthly Mobile Food Pantry visits to the St. Mary Food Pantry.

According to Merchant, the Jewett City Savings Bank Foundation has awarded a total of $81,550 in grants to sixty-one local organizations that provide important services or enhance the quality of life in our communities.

In addition, Thompson Ecumenical Empowerment Group (TEEG) in North Grosvenordale received $500 from the Foundation for the purchase of fresh produce and healthy proteins for its Food Security Program. The Town of Pomfret Food Pantry was also awarded $500 for food pantry purchases.

Project PIN Food Pantry

Donations to Project PIN Food Pantry in Moosup are always given a thumbs up.

ABA Consumer Tips: How to Avoid Holiday Spending Headaches

WASHINGTON — As early Black Friday deals kick off the holiday shopping season sooner than ever, it’s important for consumers to develop a holiday spending plan to avoid financial headaches in the future, says the American Bankers Association.  ABA is highlighting seven tips to help consumers minimize their holiday spending debt.

“It’s a special feeling to make loved ones happy with the perfect holiday gift or to make donations to charities you care about deeply, but it’s also extremely important to spend within your means and avoid stressful debt in the New Year,” said Corey Carlisle, executive director of the ABA Foundation. “Mapping out a holiday spending plan and avoiding impulse buys will go a long way toward keeping your finances on track.”

Below are seven spending habits Americans should consider to help relieve the financial stress of the holidays:

  • Plan ahead. Before you start shopping, develop a realistic budget for holiday expenses. Figure out your bottom-line number and set aside holiday cash in increments throughout the year. If you need to use your credit card, think about what you can afford to pay back in January.
  • Keep track of other costs. Don’t forget costs beyond gifts, like postage, gift wrap, decorations, greeting cards, food, travel and charitable contributions. Keep in mind the end of the year is a time when large annual or semi-annual costs like car insurance, life insurance and property taxes arise.
  • Make a list and check it twice. Keep your gift list limited to family and close friends, noting how much you want to spend on each. If you’re donating to charities, factor in the total amount you plan to donate and how much each charity will receive.
  • Shop early and space out purchases. Avoid shopping while rushed or under pressure, which can lead to overspending. Make sure to comparison shop online first, or download an app that lets you compare prices before you buy anything in a store.  Before you head to the cashier (or online checkout), make sure your purchase is within the budget you set.
  • Avoid impulsive spending decisions. Finding a spectacular sale on something you’ve been wanting can easily throw you off course.  Stay strong and stick to your budget.  Don’t be blinded by limited-time incentives geared toward getting you to spend more.
  • Use credit wisely. Limit the use of credit for holiday spending.  If you must use credit, use only one card—preferably the one with the lowest interest rate—and leave the rest at home.  Pick a date when you can pay off your holiday credit card bills, and commit to paying off the balance by that time.  Be sure to check statements for unauthorized charges and report them immediately.
  • Save your receipts and get acknowledgements for charitable donations. Not only will you need receipts for possible returns, you’ll need them to keep track of what you’ve spent and to compare with your credit card statement.  Knowing how much you spent will help you plan for next year, too.  Keeping receipts or acknowledgement letters for charitable donations is a must if you want to receive tax deductions in the spring.


About the American Bankers Association
The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $13 trillion in deposits and extend more than $9 trillion in loans.

About the ABA Foundation
Through its leadership, partnerships, and national programs, ABA’s Community Engagement Foundation (dba ABA Foundation), a 501(c)3, helps bankers provide financial education to individuals at every age, elevate issues around affordable housing and community development, and achieve corporate social responsibility objectives to improve the well-being of their customers and their communities.



Jewett City Savings Bank donates to 6 local charities to celebrate Main office renovations

Jewett City Savings Bank has donated a total of $2,000 to six local non-profit organizations on behalf of customers who opened new personal and business checking accounts during the Bank’s recent Renovation Celebration.

According to Kevin Merchant, president and CEO, the Checking for Charity initiative provided the opportunity for new checking account customers to support the charitable organization of their choice. As a result of the campaign, donations were made to United Community & Family Services, Jewett City Fire Department, Slater Library, Griswold PRIDE, Griswold Historical Society, and Saint Mary’s Food Pantry.

“We were pleased to include neighboring organizations in our celebration,” said Merchant.  “Community-building is as significant to us as the re-modeling of our Main Office. These groups help to foster a sense of community, and we are happy to support their efforts.”

The Renovation Celebration followed several months of extensive restoration, re-modeling, and modernization of the Bank’s Main Street headquarters in Jewett City. In addition to the Checking for Charity initiative, celebration activities included special offers, giveaways, and weekly prizes from local merchants.

Jewett City Savings Bank is a mutual savings bank operating full-service offices in Jewett City, Brooklyn, Dayville, Plainfield, and Preston, with online banking services at and a Facebook presence at

Established in 1873, the Bank is a member of the Federal Deposit Insurance Corporation (FDIC).