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)