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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) May 28, 1999 (May 25, 1999)
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Alliance Bancorp of New England, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 001-13405 06-1495617
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(State of Other Jurisdiction (Commission File IRS Employer
of Incorporation) Number) Identification No.
348 Hartford Turnpike, Vernon, CT 06066
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (860) 875-2500
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Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
On May 25, 1999, D. Anthony Guglielmo was elected Chairman and
Kenneth R. Peterson was elected Vice Chairman of the Boards of Directors of
Alliance Bancorp of New England, Inc. and Tolland Bank. A copy of the press
release announcing the elections is attached hereto as Exhibit 99(i).
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements of Businesses Acquired
Not applicable
(b) Pro Forma Financial Information
Not applicable
(c) Exhibits
(99)(i) Press release dated May 27, 1999.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereto duly authorized.
ALLIANCE BANCORP OF
NEW ENGLAND, INC.
Registrant
Date: May 27, 1999 By: /s/ David H. Gonci
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David H. Gonci
Senior Vice President/Chief Financial Officer
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Exhibit 99(i)-Press Release
Joyce M. Joy
Vice President/Marketing
Vernon, CT - May 27, 1999
ALLIANCE BANCORP OF N.E. AND TOLLAND BANK
ELECT CHAIRMAN AND VICE CHAIRMAN
D. Anthony Guglielmo of Stafford has been elected Chairman and Kenneth R.
Peterson of Tolland has been elected Vice Chairman of the Boards of Directors of
Alliance Bancorp of New England, Inc. and Tolland Bank.
Joseph H. Rossi, President/CEO, announced the changes today saying, "We recently
lost a dedicated and long-time director and friend with the passing of Francis
J. Prichard, Jr. who served as chairman since 1996 and a member of the board
since 1989. Fran was an experienced businessman who devoted much of his life to
community service. We will all miss him very much.
We are pleased that Tony has accepted the position of Chairman. Tony joined the
board in 1985 and served the past three years as Vice Chairman. We are equally
pleased that Ken has accepted the position of Vice Chairman. Ken joined the
board in 1982, and his knowledge of the marketplace and community continues to
be invaluable. Along with Tony and Ken, all our board members look forward to
continuing our strategy of growth and enhancing the earnings of the Company."
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Alliance Bancorp of N.E. and Tolland Bank
Elect Chairman and Vice Chairman
May 26, 1999
Page 2
D. Anthony Guglielmo is the President and Owner of Penny-Hanley and Howley
Company, Inc. in Stafford.
A political science major, Mr. Guglielmo is a UCONN graduate where he was a
member of the UCONN Varsity Football Team for 4 years. He received his masters
degree from Trinity College in Hartford. He received an honorable discharge from
the U. S. Army. As a Connecticut State Senator, Mr. Guglielmo has represented
the 35th District since 1992. He served as past chairman of the Johnson Hospital
Development Corporation and also served as a member of the Johnson Hospital
Board of Directors.
Mr. Guglielmo lives with his wife Doris in Stafford Springs.
Kenneth Peterson, a licensed land surveyor, is an owner and partner in Gardner &
Peterson Associates, a land surveying and civil engineering firm located in
Tolland.
Mr. Peterson is a graduate of Hartford State Technical College, a corporator of
Eastern Connecticut Health Network, and a member of the Exchange Club of
Rockville, Ellington Ridge Country Club, the Home Builders Association, and the
Connecticut Association of Land Suveyors.
Mr. Peterson lives with his wife Sheila in Tolland.
Alliance Bancorp of New England, Inc. (AMEX:ANE) is a bank holding company for
Tolland Bank, a Connecticut-chartered bank serving the markets of central and
eastern Connecticut.
