“Quinnipiac Bank & Trust Co. is turning out to be a true community bank with over 90% of the shareholders being local,” stated Lee Bradley, Managing Director of SAMCO BDG whose team is assisting with the capital raising effort. “We like seeing that kind of support from the community.” Dennis Miller, a SAMCO BDG Senior Vice President, is one of the on-site registered representatives who have been working closely with the Quinnipiac investment community. Dennis has been working alongside the Bank’s President, Mark Candido, Executive Vice President Dick Barredo, and the Organizers and Directors.
Mr. Candido also stated that “I am quite pleased with the progress made in the past few weeks. We had always known that the local community would support our belief that a new bank active in the community and caring towards its customers is very much in demand. President and CEO Candido further stated “We now have sufficient capital to open the bank and to achieve our goal of creating a main office and two additional branches in New Haven and North Haven within our first two years of operation. We are confident that we will be able to raise the additional funds to reach our maximum goal, but it is very comforting to know that we have past the minimum and are over $11.0 Million, with one more Investor seminar scheduled for Tuesday February 13th at the Holiday Inn in North Haven.
The Bank plans on opening a new full service commercial bank to be headquartered in Hamden, CT with a strategic focus on providing exceptional service to small to medium sized businesses and consumers in the Greater New Haven Community.
Shares of the company’s common stock are available at an initial offering price of $10.00 a share. Each subscriber will also receive one warrant for every ten shares of stock purchased in this offering.
Offers to sell or solicitations of offers to purchase securities can only be made through an Offering Circular. To receive an Offering Circular, providing information regarding the Offering, contact Mark A. Candido, Dick Barredo or Dennis Miller at (203) 407-0756, by writing to Quinnipiac Bank & Trust Company, 2600 Dixwell Ave., Hamden, CT 06514, or by e-mail to
Info@quinnipiacBank.com. More information about the bank can be obtained from at our website at
www.Quinnipiacbank.com.
