Local banks see boom in business as big names falter

DARIEN - Despite the collapse of big-name banks like Washington Mutual, some local Connecticut banks are gaining new customers and new business each day.

According to the chairman of the Darien Rowayton Bank, residents have deposited more than $10 million in the last two weeks. He says the deposits are coming from former customers of Wachovia and Washington Mutual.

?The banks are having so many consolidations and mergers,? Brian Lovegrove, of Darien, says. ?It's always just different people, new 800 numbers to call and I just feel like they've lost touch a little bit.?

Residents like Lovegrove say they feel more confident in local banks as the financial crisis on Wall Street persists.

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