NewAlliance Bank, a subsidiary of NewAlliance Bancshares, is a financial institution that was founded in 2004. The bank offers a variety of personal and business banking solutions. It provides individual retirement and personal savings accounts, as well as certificates of deposits. NewAlliance Bank offers cash management, commercial card and merchant services. The bank provides home, vehicle, personal loans and commercial real estate loans. In addition, it offers online banking and bill payment solutions. NewAlliance Bank operates several ATMs and provides debit and credit cards. The bank is a member of the Federal Deposit Insurance Corporation and an Equal Housing Lender. Its wholly owned subsidiary, NewAlliance Community Development Corporation, assists community organizations and projects for conventional financing purposes.