b'NEW LOCATION OF WATERBURY BRANCHRETAIL BANKING[ In 2018, the Bank completed its core conversionthelargest project that the Bank has ever undertaken ]The GOAL was to meet customer demand for digital banking channels where we could deliver products, services, and information when and where it is convenient for them. Expanding our footprint was also a focus to improving customer accessibilityto our branch network. In February, we completed the relocation of our Waterbury, Wolcott branch to its new location at 2084 North Main Street.On July, 30, 2018 we opened our first branch in Stamford at 2586 SummerStreet expanding accessibility to our customers who live and work in lower Fairfield County. We continually look to improve our banking technology. Online banking enrollments increased by 11% since our conversion in 11 %July, and business remote deposits were in excess $76 million.ONLINE BANKING ENROLLMENTSCOMMERCIAL LENDING THE DANBURY SPORTS DOMESavings Bank of Danburys Commercial Banking department has remained committed to supporting the growth of our local economy through financing small businesses, entrepreneurs, real estate investors, and community organizations. Our Commercial Banking Officers are heavily involved in their communities and strive to becometrusted advisors to our clients. In 2018, we had over $142 million in new commercial loan production representingmore than a 65% increase from the prior year. This was a record year for the Commercial Banking department. Despite a challenging and competitive environment, we also enjoyed success in deposit and new customer acquisition. In addition to our significant growth in 2018, we have made investments in people, technology, infrastructure, and processes to better assist our business customers in the future.2018 ANNUAL REPORT 7'