Naugatuck (Conn.) Savings Bank said its chairman, Richard D. Coe, will retire Sept. 12, leaving the bank 35 years to the day after he joined it in 1962 as a management trainee.

Mr. Coe, 61, retired June 6 as president and chief executive officer, posts he had held since 1980. Mark C. Yanarella, 48, succeeded him.

The bank said it traditionally does not have a chairman and does not expect to elect a new one. Naugatuck Savings has $363.3 million of assets.

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