Let $f:E\to D^*$ be a family of complex elliptic curves parametrized by the punctured open disk $D^*.$ Assume that the monodromy on $H^1$ is trivial (i.e. $R^1f_*\mathbb Z$ is a constant sheaf on $D^*$). Does this imply that $f$ extends to a family of elliptic curves over the full disk $D?$

Here's an attempt, which I'm not sure if it works: maybe there is an equivalence (Riemann-Deligne?) between families of elliptic curves over a (smooth) base over $\mathbb C$ and variations of $\mathbb Z$-Hodge structures satisfying Griffiths transversality, of rank 2 and weight 1 on the same base. The constant local system certainly extends to $D.$