Summer 2026 Issue Article

Interview: Glen LeBlanc

In an interview with Connecticut Builder, Glen LeBlanc, Executive Vice-President & Chief Commercial Lending Officer at Fairfield County Bank, discussed how his lending team supports regional builders and developers. LeBlanc emphasized that the bank primarily looks for experienced developers with a proven track record of completing projects of similar size and scope. Their typical commercial lending guidelines include financing up to 75% of total project costs and up to 65% for initial land acquisitions, alongside offering interest-only draw periods up to 24 months for speculative construction and long-term permanent financing terms up to 25 years.

LeBlanc highlighted the bank's diverse portfolio, citing active financing for multifamily developments, custom homes, medical offices, and hospitality projects, including a $55 million construction loan in Groton and a $40 million boutique hotel in Westport. The bank also partners with the Housing Development Fund to support first-time homebuyers and collaborates with Silver Heights Capital on flexible development-to-completion transition funding. Despite current market challenges like high land costs and rising interest rates, Fairfield County Bank focuses on providing quick local decisions, custom flexibility, and a relationship-driven approach.

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