John Patrick Jr.
Chairman, President & CEO
John J. Patrick Jr. was named President and CEO of Farmington Bank in March 2008 and appointed Chairman in August 2008. Under Patrick’s leadership, the Bank has undertaken an aggressive expansion strategy, including the addition of Government Banking, Cash Management Services and Small Business Banking to its business portfolio. During this time the Bank has also seen a first-time branch expansion east of the Connecticut River, the consolidation of several operational locations into one, new corporate headquarters, and the introduction of the institution’s new name, Farmington Bank, to reflect its diversified consumer and commercial offerings. Today, Farmington Bank is a full-service community bank with $1.8 billion in assets and 19 branch locations throughout central Connecticut.
Also under Patrick’s leadership, First Connecticut Bancorp, Inc., the holding company of Farmington Bank, completed its initial public stock offering (IPO) on June 28, 2011. On June 29, shares of First Connecticut Bancorp, Inc. began trading on the NASDAQ Global Market under the symbol FBNK. Patrick is also chairman, president and CEO of First Connecticut Bancorp, Inc.
Patrick began his banking career as a college student working nights in the processing department of Connecticut Bank & Trust. Thirty years later, with extensive experience managing a broad array of banking services, he is leading the growth and expansion of a premier community bank in Connecticut. Patrick came to Farmington Bank from TD Banknorth Inc. where he held the position of President and CEO for 10 years. Patrick joined Glastonbury Bank & Trust Co. in 1994, where he served as Senior Loan Officer and then as President, and was instrumental in the bank’s name change to Banknorth Connecticut in January 2002. Under Patrick’s leadership, Banknorth Connecticut grew from the 17th largest bank in the state to the sixth largest.