Sleepy Hollow Bank sells mortgage unit - 2004-03-16
Newtown Savings Bank, one of the top local home mortgage lender, added to its strength recently by buying Danbury, Conn.-based Sirianni Mortgage Corp. from the Sleepy Hollow Bank in Sleepy Hollow.
Newtown Savings chairman and chief executive officer John Martocci said the firm was purchased for roughly $200,000 in what is the first acquisition in his bank's history.
Read the full story at Westchester County Business Journal