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8 n e w h a v e n B I Z | O c t o b e r 2 0 1 9 | n e w h a v e n b i z . c o m 2 019 BOOK OF LISTS Banks Based in Greater New Haven Banks Based in Greater New Haven (Ranked by deposits as of June 30, 2019) Rank Bank Total deposits in Conn. (000) Conn. market share Conn. offices September 2019 Assets 6/30/2019 (000) Net loans and leases 6/30/2019 (000) Net Income 6/30/2019 (000) Head of bank/ title Date established 1 People's United Bank (1) 850 Main St. Bridgeport, CT 06604 203-338-7001; www.peoples.com $21,218,512 15.18% 157 $51,375,820 $38,366,501 $257,797 John P. Barnes President & CEO 1988 2 Webster Bank 137 Bank St. Waterbury, CT 06702 203-578-2200; public.websteronline.com $19,733,657 14.11% 112 $28,957,456 $19,080,252 $209,636 John R. Ciulla President & CEO 1870 3 ion Bank 251 Church St. Naugatuck, CT 06770 877-729-4442; ionbank.com $1,096,207 0.78% 18 $1,331,534 $1,081,511 $5,862 David J. Rotatori (2) President & CEO 1870 4 The Guilford Savings Bank 1 Park St. Guilford, CT 06437 203-453-2721; www.gsb- yourbank.com $638,869 0.46% 6 $821,567 $611,852 $3,377 Timothy P. Geelan President & CEO 1875 5 Milford Bank 33 Broad St. Milford, CT 06460 203-783-5700; www.milfordbank.com $354,163 0.25% 6 $449,884 $379,159 $667 Susan Shields President & CEO 1872 6 Essex Savings Bank 35 Plains Road Essex, CT 06426 860-767-4414; www.essexsavings.com $341,230 0.24% 6 $401,097 $312,886 $1,718 Gregory R. Shook President & CEO 1851 7 New Haven Bank (3) 299 Whalley Ave. New Haven, CT 06510 203-285-6490; www.newhavenbank.com $113,432 0.08% 1 $146,828 $121,730 $360 Maureen A. Frank President & CEO 2010 Source: Federal Deposit Insurance Corp. Notes: Number of Conn. offices as of September 2019. Deposit and market share data as of June 30, 2019. (1) People's United Bank acquired First Connecticut Bancorp, holding company of Farmington Bank, in September 2018. Farmington Bank had $3.2 billion in deposits at the time the deal closed. On July 15, 2019, People's United Bank announced a plan to acquire Hartford's United Financial Bancorp Inc., parent of United Bank, for $759 million. (2) President since 2017, assumed additional role as CEO upon retirement of Charles J. Boulier III in January 2019. (3) Formerly Start Community Bank. —Compiled by research@nebusinessmedia.com. (Ranked by deposits as of June 30, 2018) Out-of-State Banks, Greater New Haven Non-CT-Headquartered Banks, Greater New Haven (Ranked by Conn. deposits as of June 30, 2019) Rank Bank Connecticut deposits 2019/2018/2017 (000) Market share 2019/2018/2017 Conn. offices/ Total offices Parent company/ Headquarters 1 Bank of America 185 Asylum St. Hartford, CT 06103 800-432-1000; www.bankofamerica.com $32,073,533 $32,042,513 $30,375,653 22.94% 23.64% 22.79% 119 4,547 Bank of America Corp. Charlotte, N.C 2 Wells Fargo Bank 205 Church St. New Haven, CT 06510 203-773-9037; www.wellsfargo.com $7,936,189 $8,349,780 $8,756,665 5.68% 6.16% 6.57% 69 5,597 Wells Fargo & Co. San Francisco, Calif. 3 TD Bank 2461 Main St. Glastonbury, CT 06033 860-652-6507; www.tdbank.com $6,874,983 $6,677,841 $6,936,523 4.92% 4.93% 5.20% 64 1,247 Toronto Dominion (TD) Bank Toronto, Canada 4 JP Morgan Chase Bank 111 W. Putnam Ave. Greenwich, CT 06830 203-861-7379; www.chase.com $5,822,228 $5,767,338 $5,894,986 4.16% 4.26% 4.42% 49 5,250 JP Morgan Chase & Co. New York, N.Y. 5 KeyBank 195 Church St. New Haven, CT 06510 203-789-2781; www.key.com $4,531,504 $4,307,262 $4,219,978 3.24% 3.18% 3.17% 59 1,135 Key Corp. Cleveland, Ohio 6 Citizens Bank 470 Bank St. New London, CT 06320 860-444-6300; www.citizensbank.com $2,952,841 $2,889,091 $2,868,688 2.11% 2.13% 2.15% 36 1,115 Citizens Financial Group Inc. Providence, R.I. Santander Bank (Ranked by Conn. deposits as of June 30, 2018) Source: Federal Deposit Insurance Corp. Notes: Number of Conn. offices as of September 2019. Deposit and market share data as of June 30, 2019. (1) People's United Bank acquired First Connecticut Bancorp, holding company of Farm- ington Bank, in September 2018. Farmington Bank had $3.2 billion in deposits at the time the deal closed. On July 15, 2019, People's United Bank announced a plan to acquire Hartford's United Financial Bancorp Inc., parent of United Bank, for $759 million. (2) President since 2017, assumed additional role as CEO upon re- tirement of Charles J. Boulier III in January 2019. (3) Formerly Start Community Bank. —Compiled by research@nebusinessmedia.com. Source: Federal Deposit Insurance Corp. website: www.fdic.gov. Notes: Listed address denotes branch with the highest deposits in Conn. per June 30, 2019 report. Number of Conn. offices and number of total offices as of September 2019. Limited-service offices which contributed zero deposits per June 30, 2019 report were not included in the number of Conn. offices. —Compiled by research@nebusinessmedia.com.