NEW HAVEN — Liberty Bank has completed its acquisition  of Southern Connecticut Bancorp and its subsidiary, the Bank of Southern Connecticut, headquartered in New Haven.
Shareholders of Southern Connecticut Bancorp approved the merger earlier this year and were to receive $3.76 in cash for each share of Southern Connecticut Bancorp common stock that they owned.

“We are very pleased to welcome the Bank of Southern Connecticut’s customers and employees to Liberty Bank,” said Chandler J. Howard, president and CEO of Liberty Bank.
“This merger will offer an expanded line of products and services to Bank of Southern Connecticut customers, including debit cards, a customer service center, electronic conveniences like mobile banking, and 44 additional banking locations.” Howard added.