Hartford Business Journal

February 14, 2022

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24 HARTFORDBUSINESS.COM | FEBRUARY 14, 2022 The Lists Largest in-state banks (Ranked by deposits as of June 30, 2021) Rank Bank Total CT deposits (000) Market share CT offices Assets (000) Net loans and leases (000) Top executive Date established 1 People's United Bank (1) 850 Main St. Bridgeport, CT 06604 203-338-7171; www.peoples.com $28,747,873 16.10% 173 $63,470,573 $39,194,954 John P. Barnes CEO 1842 2 Webster Bank (2) 137 Bank St. Waterbury, CT 06702 203-578-2200; public.websteronline.com $25,311,409 14.17% 96 $35,354,179 $21,290,382 John R. Ciulla President & CEO 1870 3 Liberty Bank 315 Main St. Middletown, CT 06457 888-570-0773; www.liberty-bank.com $5,895,456 3.30% 59 $7,379,823 $4,031,774 David W. Glidden President & CEO 1825 4 Union Savings Bank 226 Main St. Danbury, CT 06810 866-872-1866; www.unionsavings.com $2,444,600 1.37% 26 $3,079,352 $1,709,489 Cynthia C. Merkle President & CEO 1866 5 Bankwell Bank 208 Elm St. New Canaan, CT 06480 203-972-3838; mybankwell.com $1,947,473 1.09% 13 $2,223,380 $1,805,217 Christopher Gruseke CEO 2002 6 First County Bank 117 Prospect St. Stamford, CT 06901 203-462-4400; www.firstcountybank.com $1,615,521 0.90% 17 $1,949,647 $1,251,090 Robert J. Granata Chairman & CEO 1851 7 Fairfield County Bank 150 Danbury Road Ridgefield, CT 06877 877-431-7431; www.fairfieldcountybank.com $1,545,884 0.87% 16 $1,947,991 $1,248,930 David A. Schneider CEO 1871 8 ion Bank 251 Church St. Naugatuck, CT 06770 877-729-4442; ionbank.com $1,526,455 0.85% 21 $1,782,194 $1,142,154 David J. Rotatori President & CEO 1870 9 Thomaston Savings Bank 203 Main St. Thomaston, CT 06787 855-344-1874; thomastonsavingsbank.com $1,353,325 0.76% 14 $1,588,440 $876,535 Stephen L. Lewis President & CEO 1874 10 Newtown Savings Bank 39 Main St. Newtown, CT 06470 203-426-2563; www.nsbonline.com $1,344,143 0.75% 18 $1,705,378 $910,817 Kenneth L. Weinstein President & CEO 1855 11 Chelsea Groton Bank 1 Franklin Square Norwich, CT 06360 860-823-4912; www.chelseagroton.com $1,247,577 0.70% 14 $1,571,864 $948,480 B. Michael Rauh Jr. President & CEO 1854 12 Savings Bank of Danbury 220 Main St. Danbury, CT 06810 203-743-3849; sbdanbury.com $1,135,675 0.64% 15 $1,375,177 $1,028,981 Martin G. Morgado President & CEO 1849 13 Northwest Community Bank 86 Main St. Winsted, CT 06098 860-379-7561; www.nwcommunitybank.com $886,020 0.50% 15 $992,918 $670,995 Stephen P. Reilly President & CEO 1875 14 Guilford Savings Bank 1 Park St. Guilford, CT 06437 203-453-2721; www.gsb-yourbank.com $859,299 0.48% 7 $1,012,506 $688,232 Timothy P. Geelan President & CEO 1875 15 Fieldpoint Private Bank & Trust 100 Field Point Road Greenwich, CT 06830 203-413-9300; www.fieldpointprivate.com $821,861 0.46% 1 $1,326,644 $920,916 Timothy Tully Executive chairman 2008 16 Dime Bank 290 Salem Turnpike Norwich, CT 06360 860-859-4300; dime-bank.com $817,385 0.46% 12 $1,086,520 $614,830 Nicholas Caplanson President & CEO 1869 17 Torrington Savings Bank 129 Main St. Torrington, CT 06790 860-496-2152; torringtonsavings.com $766,072 0.43% 8 $974,379 $509,584 Lesa A. Vanotti President & CEO 1868 18 Patriot Bank 999 Bedford St. Stamford, CT 06905 203-251-7200; bankpatriot.com $716,982 0.40% 8 $952,099 $708,587 Robert G. Russell, Jr. President & CEO 1994 19 Windsor Federal Savings & Loan 250 Broad St. Windsor, CT 06095 860-688-8511; www.windsorfederal.com $623,321 0.35% 12 $708,442 $476,944 George Hermann President & CEO 1935 20 Connecticut Community Bank 1495 Post Road East Westport, CT 06880 203-319-6260; www.ccbankonline.com $586,269 0.33% 9 $684,247 $370,875 David W. Tralka President & CEO 1998 Source: Federal Deposit Insurance Corp. Notes: Data as of June 30, 2021 except assets and net loans and leases, as of Sept. 30, 2021. (1) People's United Bank is in the process of being acquired by M&T Bank of Buffalo, New York. (2) On February 1, Webster Bank parent company Webster Financial Corp. announced completion of a merger with Sterling Bancorp in a $10.3 billion deal. Webster Bank will move its headquarters to Stamford. —Compiled by Timothy Doyle. Largest in-state banks (Ranked by deposits as of June 30, 2021)

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