Newtown Savings Bank Selects CEU.com

March 24, 2005

Old Saybrook, Conn (March 2005) – Newtown Savings Bank has partnered with Connecticut- based CEU.com to provide its licensed insurance advisors with state-required insurance continuing education (CE) courses through the Internet.

Through SBLI, Newtown Savings Bank offers its customers a wide range of low-cost life insurance options, including annuities and credit life insurance. CEU.com, a leading nationwide provider of online CE courses, will provide Newtown Savings Bank’s licensed insurance advisors with state- approved, Internet-based courses in life and health insurance.

Newtown Savings employees will take online courses through CEU.com’s Web site, an easy-to-use interface that presents coursework in slide show format and is further enhanced with audio lectures, said Chris Schubert, a corporate account executive for CEU.com.

“Our goal is to provide insurance professionals and their employers with a cost-effective and efficient alternative to the classroom CE,” said Schubert. “We meet their needs with an expansive curriculum, cutting-edge features and continuous credit tracking and reporting.”

Laura Tashjian, Newtown Savings Bank’s Training & Development Manager, said CEU.com provides flexible and efficient options for Newtown Savings Bank employees that need to fulfill CE requirements.

“CEU’s training opportunities were cost effective and time efficient for our many licensed employees that need CE requirements,” said Tashjian. “The convenience of taking the courses through the Internet, and at flexible times, eliminates the problem of having key branch staff away from the office during business hours.”

Insurance carriers, banks and licensed insurance professionals from across the country use CEU.com’s Internet-based courses to fulfill their state-mandated CE requirements.

About CEU.com
CEU.com is a continuing education provider offering professional license holders and adjusters convenient, engaging and superior quality compliance training that both enhances their career development and increases productivity. Founded in 1999, CEU.com continues to satisfy its customers with the best in online Property & Casualty and Life & Health insurance continuing education.

CEU.com delivers its courses over the Internet — providing the busy insurance professional with a convenient and cost-effective way to earn, submit, and track CE credits.

About Newtown Savings Bank
Newtown Savings Bank is a mutual community Bank founded in 1855, with over $620 million in assets. The Bank has nine branches in Newtown, Bethel, Danbury, Monroe, Southbury, Trumbull, and Woodbury, with a new Shelton location opening in April, 2005. Newtown Savings Bank’s mission is “to remain an independent community bank providing quality financial products and service to benefit the people and businesses of the communities we serve”.