Jonathan Wood Promoted to Executive Vice President

Apr 15, 2015

(Willimantic, CT)  Rheo Brouillard, President & CEO at Savings Institute Bank & Trust announced the news that Jonathan Wood has been promoted to Executive Vice President, Retail Banking. “Mr. Wood came to Savings Institute Bank & Trust in 2012 and brought a tremendous amount of enthusiasm to our branch network. Jonathan has been an impressive leader to our Retail Banking team and has created a noble team of sales professionals throughout our branch network in just a few years.” stated Rheo Brouillard.

Jonathan had previously been at Bank of America where he was a Senior Vice President, Consumer Market Executive and he led those 41 eastern Connecticut offices of Bank of America to achieve high ratings in areas involving customer treatment, customer relationships and increased revenue and market share. Mr. Wood had similar management roles at Fleet Bank, where he was responsible for service, sales and operations at Banking Centers in the Farmington Valley, Fairfield County and New Haven areas.

Mr. Wood holds a Bachelor of Science degree in Finance from the University of Connecticut in Storrs, graduating Magna Cum Laude. He also attended the Graduate School of Credit and Financial Management at Dartmouth College in Hanover, New Hampshire.

Jonathan has been a very active community volunteer, serving as the Executive Director of the Military Support Affinity Group in CT, the Director of Habitat for Humanity in New Haven, the Director of Hartford Economic Development Corporation as well as chairing numerous other volunteer organizations. 

Savings Institute Bank & Trust Company which is headquartered in Willimantic, Connecticut offers twenty-six branches throughout Rhode Island and eastern Connecticut. At $1.4 Billion, the bank is a full service community bank dedicated to serving the financial service needs of consumers and businesses within its market area.