Chairman's Letter

    Peyton Patterson
   

Welcome to NewAlliance:

The sign of a strong institution is its ability to anticipate and navigate through challenging times. Despite the turbulence that has beset the banking industry, NewAlliance Bank continues to demonstrate excellent credit quality as well as balance sheet growth.

As a regional community bank we remain authentically local. Being local doesn't mean remaining small. In fact, successfully keeping our focus local is what has enabled NewAlliance to grow to become the fourth largest bank headquartered in New England.

Being local means having an approach to community banking that builds on an up-close knowledge of our market economy, consumer preferences, business and social conditions, and other factors that impact our customers and their financial decisions. Being local also means that we are more relationship driven than our larger competitors, and our customers can rely on our local decision making.

Geographically, we are not only in six of Connecticut’s eight counties, we have branches and Trust operations in western Massachusetts, and this gives us a strong presence in the Hartford-Springfield corridor.

As a community bank with a 171-year tradition, NewAlliance employees are focused on a strong value proposition. Friendly service, local decision-making, as well as a genuine and tangible commitment to our communities are what set us apart. We also know that our investment in people and commitment to value creation is important to customers and shareholders alike.

We hope you will use this website to see the variety of banking products and services we can offer you – including internet access to your accounts, internet bill paying, calculating a new home equity loan, getting your loan application on line or signing up for our new e-statements. Shareholders and investors will also find our recent news releases, current stock price, security filings and investor presentations in the Investor Relations area of the website.


Under Community Commitment, the website will give you an idea of our involvement in the communities we serve. Information is available on the NewAlliance Foundation, which was formed through a contribution of $40 million of NewAlliance stock at the time of our initial public offering. In fact, from 2004 through 2008, the Foundation approved $13 million in grants to local organizations. You will also see information on the Community Development Corporation and a listing of many events that the Bank supports.
Whether you visit us online, or in one of our 87 branches or at over 100 ATMs, we appreciate your business and thank you for your continued support.


Warm Regards,

Peyton R. Patterson
Chairman and Chief Executive Officer