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June 25, 2006

NewAlliance Bank CEO Named 2006 United Way Campaign Chair

FOR IMMEDIATE RELEASE
June 25, 2006

Media Contact: Michelle Wade
203.772.2010, Ext.202
mwade@uwgnh.org

Peyton R. Patterson, NewAlliance Bank’s Chairman, President and Chief Executive Officer, has been named Chair of United Way of Greater New Haven’s 2006 campaign, Jack Healy, CEO-elect announced today.

“We are thrilled to have such a dynamic and community driven individual on our team. In this leadership capacity, she will guide the annual United Way campaign which will enable the organization to continue the work of creating meaningful change in the community we all live and work in. “

The partnership between Patterson and United Way demonstrates NewAlliance Bank’s ongoing dedication to this community. This commitment is also seen through the work of the NewAlliance Foundation, which addresses the social and economic needs of the communities served by the bank. Recently, the NewAlliance Foundation made a generous, three-year commitment to United Way and Greater New Haven with an unprecedented $300,000 challenge grant aimed at increasing United Way giving and supporting Success By 6®. Success by 6, United Way’s early childhood learning initiative, is dedicated to giving children a solid foundation by improving early childhood development and school readiness.
Cont.

NewAlliance Bank’s contributions add up to more than just dollars. By participating as an active leader in the community, Patterson’s passion to improve lives in the area has extended to her staff as well. NewAlliance employees sit on various United Way committees and are involved with United Way volunteer projects such as Day of Caring and grant review committees.

“Our commitment to the community is core to who we are and how we do business,” said Patterson. “This partnership will help continue NewAlliance’s tradition of being an involved, generous and active member of the community.”
Patterson, who joined New Haven Savings Bank in January of 2002, has over twenty years of banking experience and has been named second among the “25 Most Powerful Women in Banking” for the past two years. In addition to her United Way leadership, she serves on the boards of the Yale-New Haven Hospital and the Arts Council of Greater New Haven, as well as the Boards of the Consumer Bankers Association, America’s Community Bankers and the March of Dimes.

NewAlliance Bank is the sixth largest bank headquartered in New England and the third largest bank based in Connecticut. The Bank has 71 branches in six Connecticut counties, and at March 31, 2006, NewAlliance had $6.9 billion in assets and $3.9 billion in deposits.

About United Way:
United Way mobilizes the caring power of our community to create measurable, sustainable change and to improve lives. To do this we: help identify our region's greatest needs and best opportunities for change; raise dollars and invest those dollars for results; connect people to their caring through volunteer opportunities.

For more information about United Way of Greater New Haven’s community leadership and how you can help please visit www.uwgnh.org.

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