VERNON, Conn. -- Tolland Bank has named David M. Oberle as president of its newly formed mortgage banking division.

Mr. Oberle previously served as president and chief executive of Society Mortgage Corp., a wholly owned subsidiary of Society for Savings.

Earlier, he managed loan production and secondary marketing operations for affiliates of First Interstate Bank, DenVer.

He was also a top executive with the Federal Home Loan Mortgage Corp. in McLean, Va.

He is a member of the Mortgage Bankers Association of America and the Connecticut Bankers Association, and was chairman of the executive committee that created the Connecticut Mortgage Bankers Association.

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