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Serving the Towns of Guilford, Branford and North Branford
Shook Elected to the Federal Home Loan Bank of Boston Board
Posted on November 26th, 2014

– Gregory R. Shook, president and chief executive officer of Essex Savings Bank of Essex, Connecticut, has been elected to the Board of Directors of the Federal Home Loan Bank of Boston. Mr. Shook was elected to a two-year term, commencing January 1, 2015, by Connecticut’s 71 bank, credit union, and insurance company members of FHLB Boston.
The Federal Home Loan Bank of Boston is a cooperatively owned wholesale bank for housing finance in the six New England states. Its mission is to provide highly reliable wholesale funding and liquidity to its member financial institutions in New England. The Bank also develops and delivers competitively priced financial products, services, and expertise that support housing finance, community development, and economic growth, including programs targeted to lower-income households.
Essex Savings Bank is a FDIC insured, state chartered, mutual savings bank established in 1851.  The Bank serves the Connecticut River Valley and shoreline with six offices in Essex (2), Chester, Madison, Old Lyme and Old Saybrook.  Financial, estate, insurance and retirement planning are offered throughout the state by the Bank’s Trust Department and subsidiary, Essex Financial Services, Inc. Member FINRA, SIPC. Investments in stocks, bonds, mutual funds and annuities are not FDIC insured, may lose value and are not a deposit, have no Bank guarantee and are not insured by any Federal Government Agency.



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