Rheo A. Brouillard has been elected president and chief executive officer of Savings Institute, a Willimantic, Conn.-based mutual savings bank.

Mr. Brouillard was executive vice president of New London Trust. He brings extensive experience in all aspects of community banking to his new post.

Savings Institute, incorporated in 1842, has $250 million of assets and 10 branches, all in eastern Connecticut.

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