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www.HartfordBusiness.com • May 4, 2020 • Hartford Business Journal 13 Largest out-of-state banks in Connecticut Ranked by Conn. deposits as of June 30, 2019 Source: Federal Deposit Insurance Corp. website: www.fdic.gov. Notes: Listed address denotes branch with the highest deposits in Conn. per June 30, 2018 report. Limited-service offices which contributed zero deposits per June 30, 2018 report were not included in the number of Conn. offices. Note: New York-based NBT Bank announced in November 2019 that it will open its first office in Greater Hartford, date pending. —Compiled by Heide Martin. Largest out-of-state banks in Connecticut (Ranked by Conn. deposits as of June 30, 2019) Rank Bank Conn. deposits 2019/2018/2017 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% NA NA Bank of America Corp. Charlotte, N.C 2 Wells Fargo Bank, NA 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% NA NA 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% NA NA 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% NA NA JP Morgan Chase & Co. New York, N.Y. 5 Citibank 399 Post Road West Westport, CT 06880 203-635-6763; www.citibank.com $5,415,000 $5,605,000 $6,299,000 3.87% 4.14% 4.73% NA NA Citigroup Inc. New York 6 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% NA NA Key Corp. Cleveland, Ohio 7 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% NA NA Citizens Financial Group Inc. Providence, R.I. 8 Santander Bank 1010 Farmington Ave. West Hartford, CT 06107 860-570-3121; www.santanderbank.com $1,791,832 $1,599,202 $1,824,330 1.28% 1.18% 1.37% NA NA Banco Santander SA Madrid, Spain 9 Berkshire Bank 927 Farmington Ave. West Hartford, CT 06107 860-231-8148; www.berkshirebank.com $1,385,928 $294,026 $287,803 0.99% 0.22% 0.22% NA NA Berkshire Hills Bancorp Inc. Massachusetts 10 Signature Bank 75 Holly Hill Lane Greenwich, CT 06830 866-744-5463; www.signatureny.com $761,431 $357,966 $387,893 0.54% 0.26% 0.29% NA NA Signature Bank New York 11 First Republic Bank 93 Mason St. Greenwich, CT 06830 203-422-0818; www.firstrepublic.com $469,583 $515,580 $417,201 0.34% 0.38% 0.31% NA NA First Republic Bank California 12 BNY Mellon 10 Mason St. Greenwich, CT 06830 203-487-5758; www.bnymellon.com $334,000 $293,043 $309,423 0.24% 0.22% 0.23% NA NA The Bank of New York Mellon Corp. New York 13 Manufacturers & Traders Trust Co. (M&T Bank) 247 Federal Road Brookfield, CT 06804 203-744-1200; www.mtb.com $309,954 $433,911 $543,272 0.22% 0.32% 0.41% NA NA M&T Bank Corp. New York 14 HSBC Bank USA 24 Elm St. Westport, CT 06880 800-975-4722; www.us.hsbc.com $307,260 $337,469 $299,346 0.22% 0.25% 0.22% NA NA HSBC Holdings PLC London, United Kingdom 15 Northern Trust Co. 165 Mason St. Greenwich, CT 06830 203-863-1400; www.northerntrust.com $272,324 $216,009 $192,769 0.19% 0.16% 0.14% NA NA Northern Trust Corp. Illinois 16 PeoplesBank (1) 30 Bridge St. Suffield, CT 06078 860-668-3950; www.bankatpeoples.com $233,895 NA NA 0.17% NA NA NA NA Peoplesbancorp MHC Massachusetts 17 bankHometown 182 Main St. Putnam, CT 06260 860-753-4500; www.hometowncoop.com $225,866 $219,648 $208,022 0.16% 0.16% 0.16% NA NA Hometown Financial Group MHC Massachusetts 18 Capitol One 45 S. Main St. Branford, CT 06405 203-481-3471; www.capitalone.com $153,696 $153,772 $146,171 0.11% 0.11% 0.11% NA NA Capitol One Financial Corp. McLean, Va. 19 Westfield Bank 47 Palomba Drive Enfield, CT 06082 860-265-3919; www.westfieldbank.com $80,203 $69,481 $58,625 0.06% 0.05% 0.04% NA NA Western New England Bancorp Inc. Massachusetts 20 Washington Trust Co. of Westerly 14 Clara Drive Mystic, CT 06355 860-572-2058; www.washtrust.com $63,481 $64,174 $59,496 0.05% 0.05% 0.04% NA NA Washington Trust Bancorp Inc. Rhode Island Source: Federal Deposit Insurance Corp. website: www.fdic.gov. Notes: Listed address denotes branch with the highest deposits in Conn. per June 30, 2018 report. Number of Conn. offices and number of total offices as of June 2019. Limited-service offices which contributed zero deposits per June 30, 2018 report were not included in the number of Conn. offices. (1) PeoplesBancorp MHC, parent company of PeoplesBank, both of Massachusetts, acquired The First National Bank of Suffield on Nov. 30, 2018. Branches of The First National Bank of Suffield conduct business under the trade name First Suffield Bank, a Division of PeoplesBank. —Compiled by Timothy Doyle. TM (including machine shops) of our business banking customers stick with us. % $7,500,000 Revolving Credit Line Fleet Management Leasing Farmington, CT $300,000 SBA Express Line of Credit Structural Steel Erection Hamden, CT $2,750,000 Commercial Mortgage Housing & Support Services Unionville, CT $50,000 Business Line of Credit Tree Removal and Installation Bethany, CT $1,150,875 Construction Mortgage Residential Home Builder/Developer Southington, CT Preferred SBA Lender with flexible business loans. $89,000 Equipment Term Loan Refuse, Recycling, and Disposal Plantsville, CT Member FDIC Equal Housing Lender IonBank.com • 203.729.4442 FOCUS: BANKING & FINANCE SUPPORT JOURNALISM THAT MATTERS TO YOUR BUSINESS. DONATE SUBSCRIBE