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December 2014
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Employment Opportunities

Thank you for your interest in employment with Jewett City Savings Bank.  We are not seeking new employees at this time; however, we encourage you to submit your resume for future reference.

Send your resume and your Application for Employment to:
Human Resources Department
Jewett City Savings Bank
PO Box 335
Jewett City, CT 06351

You may submit your resume and application via email to but please be advised that email is not secure.

Closing (and opening) our office in Plainfield

Our Plainfield office will be closed on Saturday, July 19th as we move into our stunning new office, just a few short steps across the parking lot, at 48 Norwich Road.

Our new office will open on Monday, July 21st and we encourage all our customers to “take a walk” next door to check it out.  We’re sure you’re going to be pleased with what you find, from:

• New technologies for improved efficiency and faster transactions
• Self-serve coin counting machine for increased convenience
• Modern layout for a more comfortable customer experience
• Customer lounge with free coffee
• And more!

Stay tuned, too, for news about exciting Grand Opening specials coming your way soon!

Summer Travel Safety Tips

Summer_Dad_Son_NEWSHave summer travel plans? Here are some tips to protect your finances while you’re away:

  • Take us with you! With Online and Mobile Banking, your account information is always at your fingertips. You can set up account alerts to notify you of low balances and confirm deposits or withdrawals. And, you can even pay your bills while you’re away, with free Online Bill Pay.
  • Share your plans with us. Let us know beforehand that you’ll be traveling and we’ll keep a close fraud watch on your accounts for any sign of questionable or unusual activity. Let your credit card company know about your plans, too, especially if you’ll be traveling overseas.
  • Protect what you’re leaving behind. Hold your mail and newspaper delivery. Nothing says “No one home” louder than newspapers piled on the doorstep and an overstuffed mailbox.
  • Wait until you return to post the details of your vacation on Facebook or other social media. Don’t reveal your definitive plans in advance.
  • Weed your wallet. Narrow your collection down to just one credit card and your ATM/debit card. Don’t carry anything with your Social Security number on it. Make copies of everything you will be carrying and leave the information with a family member.
  • During your travels, use a credit card for larger purchases, and your debit card to get cash at ATMs.
  • Always look for an ATM owned by an established financial institution rather than a free-standing machine in the middle of nowhere.
  • Don’t leave valuables (or your laptop or tablet) in an empty hotel room or rental car. Use the hotel safe while you’re out sightseeing and having fun.
  • Make sure your mobile devices are password-protected and protected by updated security software.
  • Stay vigilant even when your vacation’s over. Identity thieves don’t always act in the moment. They could strike later, when you least expect it. Monitor your account frequently for any signs of suspicious activity.

Your vacation should be a time to remember — for all the right reasons. Enjoy, and stay safe!

Rent or Buy? 5 Questions Consumers Should Ask First.

house2As a part of American Housing Month this June, the American Bankers Association reminded consumers that their local banker can help navigate challenges associated with choosing a home, including deciding what is affordable and whether to rent or buy.

“Bankers understand the dynamics of their local housing markets in a way that can benefit their customers,” said Frank Keating, ABA president and CEO. “They can help customers understand available housing options in the context of their individual financial situations and long-term financial goals.”

Before pursuing a rental or homeownership opportunity, ABA recommended consumers consider the following questions:

How much money do you have saved up?
Start with an evaluation of your financial health. Figure out how much money you have for a down payment or deposit on a rental. Down payments are typically 5 to 20 percent of the price of the home. Security deposits on rentals are usually about one month of rent and more if you have a pet. But be sure to keep enough in savings for an emergency fund. It’s a good idea to have three to six months of living expenses to cover unexpected costs.

How much debt do you have?
Consider all of your current and expected financial obligations like your car payment and insurance, credit card debt and student loans. Make sure you will be able to make all the payments in addition to the cost of your new home. Aim to keep total rent or mortgage payments plus utilities to less than 25 to 30 percent of your gross monthly income. Recent regulatory changes limit debt to income (DTI) ratio on most mortgage loans to 43 percent.

What is your credit score?
A high credit score indicates strong creditworthiness. Both renters and homebuyers can expect to have their credit history examined. A low credit score can keep you from qualifying for the rental you want or a low interest rate on your mortgage loan. If your credit score is low, you may want to delay moving and take steps to raise your score. For tips on improving your credit score, visit

Have you factored in all the costs?
Create a hypothetical budget for your new home. Find the average cost of utilities in your area, factor in gas, electricity, water and cable. Find out if you will have to pay for parking or trash pickup. Consider the cost of yard maintenance and other basic maintenance costs like replacing the air filter every three months. If you are planning to buy a home, factor in real estate taxes, mortgage insurance and possibly a home owner association fee. Renters should consider the cost of rental insurance.

How long will you stay?
Generally, the longer you plan to live someplace, the more it makes sense to buy. Over time, you can build equity in your home. On the other hand, renters have greater flexibility to move and fewer maintenance costs. Carefully consider your current life and work situation and think about how long you want to stay in your new home.

For more consumer tips, visit

Make it a movie night!

movienightThe weather is warm and the summer blockbusters are hitting at a theater near you! Before you go, be sure to enter our prize drawing to win a night at the movies.

Each week in June we’ll be giving away $40 gift cards to use at Digiplex Destinations at Lisbon Landing. A drawing for each branch will be held every Friday with the last drawing on June 27th.

Download an entry form and return it to any of our branch locations.

Winners will be notified by phone. Limit one pack per household. Employees of Jewett City Savings Bank and members of their immediate family or household are not eligible. No purchase or payment of any kind is necessary to enter or win this drawing. The winner does not have to be a Jewett City Savings Bank customer. Visit for complete rules and additional important information.

Blocked ATM and Debit Card Transactions

We may block or limit the types of transactions processed using debit cards in response to alerts of excessive fraudulent activity.  We take these precautions to protect our customers and the funds in their accounts from potential fraud.  Information regarding these transaction limitations is provided below.

If you are traveling abroad, please be advised that we block all ATM and debit card transactions initiated in Bosnia-Herzegovina, Brazil, CubaFrance, IndiaLibya, Malta, Nigeria, North Korea, and Romania.  In Great Britain and Saudi Arabia, we are currently blocking signature-based and Internet debit card transactions. You will be able to process PIN-based transactions with your ATM or debit card.

We also block signature-based debit card transactions in the states of California, Illinois, Nevada and Tennessee.  In California and Illinois, we are also blocking PIN-based transactions initiated in discount stores, grocery stores and supermarkets.

You will be unable to use your debit card for Internet-based transactions in Albania, Azerbaijan, Croatia, Cyprus, Hong Kong, Latvia, Liechtenstein, Luxembourg, Malaysia, Mauritius, Netherlands, Netherlands Antilles, Philippines, Singapore, Slovenia, and Vietnam.

If you suspect there may be fraudulent activity on your account, you must notify the bank immediately.

To report a lost or stolen ATM or debit card, contact the bank as soon as you become aware that your card is missing.  You may contact any branch office during business hours or call HOT CARD Lost & Stolen Services at 1-800-264-5578 after business hours.

You can learn more about protecting your card or reporting fraudulent transactions by visiting the Federal Trade Commission website.

You could win $1,000!



During June and July, you’ll be entered to WIN $1,000 every time you make 3 online bill payments.

worries-sign-up-buttonSign up or login to your online account, pay your bills, and you’ll receive one entry into the sweepstakes with every 3 online bill payments that you make.

worries-login-buttonBy paying your bills online, you never have to worry about paying your bills on time again.

  • Set up individual and business payees easily and quickly.
  • Simply and securely track and manage your finances all in one place through your Online Banking account.
  • View and schedule your online bill payments in advance or on a recurring schedule for added convenience.
  • Set up payment reminders to help keep track of when your payments are due.

Pay bills through your Online Banking account 6/1 – 7/31/14 and you are automatically entered to win $1,000. The more bills you pay, the more chances you have to win!

No purchase necessary. Void where prohibited. Click here for complete rules and additional important information, including how to enter without using online bill payment.

Fraud Alert: Telephone Scam Reported 5/16/2014

We have learned of a telephone scam that is being directed at bank customers.  The automated call informs the person that their debit card has been “suspended” and to enter their 16-digit card number to reactivate the card.  If you receive a call like this, you should hang up immediately.  Do not provide any information.  If you received a call and provided your debit card number or other identifying account information, IMMEDIATELY call a branch office near you for assistance during business hours.  After business hours, notify our HOT CARD Lost & Stolen Service at 1-800-264-5578.

We want to take this opportunity to remind consumers that a bank will never ask you to provide your account information using automated telephone messages, text messages, or email messages.  If you receive a telephone call, text, or email message claiming to be from your bank and asking you to provide personal or account information, do not respond to the text message, do not call any telephone number provided, and do not click on any website link provided in an email.

Criminals use telephone scams (pretexting), text messages (SMiShing), and email messages (phishing) to attempt to get consumers to divulge account numbers, debit and credit card numbers, and other personal confidential information. They use scare tactics to convince consumers that their bank account, credit card or debit card have been frozen or suspended and they must provide the information to reactivate their account or card.  Never respond to the messages or use the telephone numbers or website links provided in the messages. When there is a question about your account information, you should always contact the bank directly at a telephone number or website that you know to be legitimate (from a statement or receipt).

You can learn more about pretexting and phishing from the Federal Trade Commission. If you received a telephone call or text message, you can also file a complaint with the Federal Trade Commission at

Couture Joins Lending Team at Jewett City Savings Bank

Bill_CoutureWilliam “Bill” R. Couture has joined the commercial lending team at Jewett City Savings Bank as a small business lender. In his new position, Couture will be responsible for developing and maintaining banking relationships with existing and emerging businesses in communities served by the Bank.

Couture brings more than 10 years of financial services experience to his new position. Before joining Jewett City Savings Bank, he served as a commercial credit analyst with Savings Institute Bank & Trust in Willimantic. Prior to that, Couture was a financial services manager with various commercial lending and business development responsibilities for People’s United Bank. He also managed several branch locations in both Windham and New London counties while in that position.

A native of Jewett City, Couture is a graduate of Griswold High School. He earned a bachelor’s degree in marketing from Central Connecticut State University and an MBA from the University of New Haven, where he was also in the Emerging Leaders Program. He is a Notary Public and holds a Series 6/63 investment license and a State of Connecticut life insurance license.

Active in the industry and in the community, Couture is a member of the Chamber of Commerce of Eastern Connecticut, the Northeastern Connecticut Chamber of Commerce, the Putnam Business Association, the Plainfield Business Association, and the Norwich Property Owner’s Association.

He has also held membership with Business Networking International and the New London Rotary Club. He has served as a market coordinator for United Way and as a volunteer with CT TRIAD and The Last Green Valley.

Couture’s other interests include property management, snowboarding, golfing, the New England Patriots, and drumming. He resides in Moosup with his wife, Kim, a Canterbury native.

He is located at the Bank’s main office in Jewett City.

Faulise, Desaulnier are new Corporators at Jewett City Savings Bank

CorporatorsJohn U. Faulise, Jr. of Griswold and Matthew S. Desaulnier of Danielson were elected as corporators of Jewett City Savings Bank at the 141st Annual Meeting of Corporators held on March 25.

“John and Matt each share Jewett City Savings Bank’s commitment to the community, and they have each devoted considerable time and talent to organizations that help local businesses, residents and neighborhoods enjoy a better quality of life,” said Kevin Merchant, the Bank’s president and CEO.

“We know they will represent us well as our ambassadors out in the community.”

John U. Faulise, Jr.
Faulise is a licensed land surveyor and owner and principal of Boundaries L.L.C., a professional land surveying and civil engineering firm located in Griswold.

A Griswold native, Faulise served as an MP in the U.S. Army Reserves and is a former member and officer of the Griswold Volunteer Fire Department. He has been an active member of the community throughout his career, from coaching Little League, football and basketball youth sports programs to volunteer service with numerous civic organizations.

He is a long-standing member of the Griswold School Building Committee and was recently named the Griswold Public Schools Volunteer of the Year. He also serves as a member of the Uncas Health District board of directors, as a firm member of the Connecticut Association of Land Surveyors, and as a member of the Sheldon Road Recreational Field Committee and the Democratic Town Committee.

Matthew S. Desaulnier
Desaulnier is president of Gerardi Insurance Services in Putnam. He joined the company in 1996 as an account executive of insurance sales, and rose through positions including vice president and sales manager to become president of the firm in 2008.

Following his graduation from Killingly High School, Desaulnier earned a bachelor’s degree in finance from Bryant University in Smithfield, RI. He holds designations as a Certified Insurance Counselor and Chartered Property Casualty Underwriter.

Desaulnier is a member of the board of directors and past president of the Northeastern CT Chamber of Commerce and board member and past president of Westcott Wilcox Elderly Residential Housing.

He is head coach of Boys Varsity Basketball at St. James School and chair of the Killingly Holiday Lighting Committee.