WILLIMANTIC— SI Financial Group Inc., the holding company for Savings Institute Bank and Trust Company, has announced that Gerald D. Coia, senior vice president and chief credit officer, will retire at the end of the year and will be succeeded by Paul R. Little, who is currently a senior vice president and chief lending officer. Additionally, Kenneth Martin, who currently serves as vice president and Rhode Island market executive, has been named chief lending officer.
Little joined the bank in 2011 as senior vice president and senior commercial loan officer, and was named chief lending officer in 2013. Martin joined the bank in May. President and CEO Rheo A. Brouillard said that the credit culture created by Coia and Little “has resulted in solid loan growth along with strong asset quality.” He said that Little and Martin’s experience would “continue to expand the commercial loan portfolio.”