b'COMMUNITY/EMPLOYEER E S IDEN T IAL LENDING ACTIVITIES We take pride in helping our residential customersrealize their dreams and we now service more than$850 million loans. Our full suite of lending products includes fixed conforming and jumbo loans, adjustable rate mortgages, interest loans, Federal Housing Administration (FHA) loans, construction loans and down payment assistance loans through the Banks partners at the Connecticut Housing Finance Authority and the Housing Development Fund. Our lending product line also includes United States Department of Agriculture (USDA) loans and HomeReady.In addition, we offer the Savings Bank of Danbury First Time Homebuyers Program, to which several enhancements were made during 2019.During 2019, in a continual effort to seek solutions that meet the needs of each customer, we introduced FHA 203k loans.These loans provide flexible home financing to purchase or850 Mrefinance a home while simultaneously funding its renovation, either for smaller repair projects or large-scale home improvements.Our residential lending footprint expanded significantly throughout 2019; the Banks lending programs are now available in Westchester, Duchess, Putnam and Orange Counties in New York.Our attentive and experienced residential lending teamRESIDENTIAL continues to make customer convenience a top priority, a promise made easier by technological advances that enhanceLOANthe customer service experience. PORTFOLIO2019 ANNUAL REPORT'