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HartfordBusiness.com | March 8, 2021 | Hartford Business Journal 27 The Lists Largest out-of-state banks in Connecticut (Ranked by Conn. deposits as of June 30, 2020) Largest out-of-state banks in Connecticut (Ranked by Conn. deposits as of June 30, 2020) Rank Bank Conn. deposits (000) 2020/2019/2018 Market share 2020/2019/2018 Conn. offices/ Total US offices Parent company/ Headquarters 1 Bank of America 30 State House Square Hartford, CT 06103 800-432-1000; www.bankofamerica.com $40,429,756 $32,073,533 $32,042,513 24.82% 22.94% 23.64% 112 4,241 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 $9,088,286 $7,936,189 $8,349,780 5.58% 5.68% 6.16% 63 5,148 Wells Fargo & Co. San Francisco, Calif. 3 TD Bank 2461 Main St. Glastonbury, CT 06033 860-652-6507; www.tdbank.com $8,009,374 $6,874,983 $6,677,841 4.92% 4.92% 4.93% 63 1,231 Toronto Dominion (TD) Bank Toronto, Canada 4 JP Morgan Chase Bank 111 W. Putnam Ave. Greenwich, CT 06830 203-861-7379; www.chase.com $7,227,692 $5,822,228 $5,767,338 4.44% 4.16% 4.26% 51 5,000 JP Morgan Chase & Co. New York, N.Y. 5 Citibank 475 Steamboat Road Greenwich, CT 06830 203-863-5100; www.citibank.com $6,071,000 $5,415,000 $5,605,000 3.73% 3.87% 4.14% 14 705 Citigroup Inc. New York 6 KeyBank 195 Church St. New Haven, CT 06510 203-789-2781; www.key.com $4,816,217 $4,531,504 $4,307,262 2.96% 3.24% 3.18% 56 1,105 Key Corp. Cleveland, Ohio 7 Citizens Bank 39 Church St. New Haven, CT 06510 203-821-3080; www.citizensbank.com $3,194,807 $2,952,841 $2,889,091 1.96% 2.11% 2.13% 33 1,018 Citizens Financial Group Inc. Providence, R.I. 8 Santander Bank 1010 Farmington Ave. West Hartford, CT 06107 860-570-3121; www.santanderbank.com $2,003,314 $1,791,832 $1,599,202 1.23% 1.28% 1.18% 21 576 Banco Santander SA Madrid, Spain 9 Berkshire Bank 927 Farmington Ave. West Hartford, CT 06107 860-231-8148; www.berkshirebank.com $1,460,423 $1,385,928 $294,026 0.90% 0.99% 0.22% 27 132 Berkshire Hills Bancorp Inc. Massachusetts 10 Signature Bank 75 Holly Hill Lane Greenwich, CT 06830 866-744-5463; www.signatureny.com $974,742 $761,431 $357,966 0.60% 0.54% 0.26% 1 39 Signature Bank New York 11 First Republic Bank 93 Mason St. Greenwich, CT 06830 203-422-0818; www.firstrepublic.com $649,535 $469,583 $515,580 0.40% 0.34% 0.38% 1 83 First Republic Bank California 12 BNY Mellon 10 Mason St. Greenwich, CT 06830 203-487-5758; www.bnymellon.com $434,000 $334,000 $293,043 0.27% 0.24% 0.22% 2 33 The Bank of New York Mellon Corp. New York 13 Centreville Bank (1) 40 Main St. Putnam, CT 06260 860-928-6501; putnambank.com $420,924 NA NA 0.26% NA NA 8 19 Centreville Bank West Warwick, RI 14 Northern Trust Co. 165 Mason St. Greenwich, CT 06830 203-863-1400; www.northerntrust.com $338,155 $272,324 $216,009 0.21% 0.19% 0.16% 1 62 Northern Trust Corp. Illinois 15 Manufacturers & Traders Trust Co. (M&T Bank) (2) 247 Federal Road Brookfield, CT 06804 203-744-1200; www.mtb.com $297,678 $309,954 $433,911 0.18% 0.22% 0.32% 9 782 M&T Bank Corp. New York 16 bankHometown 182 Main St. Putnam, CT 06260 860-753-4500; www.hometowncoop.com $289,652 $225,866 $219,648 0.18% 0.16% 0.16% 5 16 Hometown Financial Group MHC Massachusetts 17 PeoplesBank 30 Bridge St. Suffield, CT 06078 860-668-3950; www.bankatpeoples.com $278,102 $233,895 NA 0.17% 0.17% NA 4 24 Peoplesbancorp MHC Massachusetts 18 Westfield Bank 47 Palomba Drive Enfield, CT 06082 860-265-3919; www.westfieldbank.com $105,466 $80,203 $69,481 0.06% 0.06% 0.05% 4 27 Western New England Bancorp Inc. Massachusetts 19 Washington Trust Co. of Westerly 14 Clara Drive Mystic, CT 06355 860-572-2058; www.washtrust.com $64,167 $63,481 $64,174 0.04% 0.05% 0.05% 2 25 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, 2020 report. (1) Acquired Putnam Bank effective May 1, 2020. (2) Has entered an agreement to buy Bridgeport-based People's United Bank. —Compiled by Timothy Doyle.