24 n e w h a v e n B I Z
|
A p r i l 2 0 2 2
|
n e w h a v e n b i z . c o m
T h e L i s t
Largest in-state banks
Ranked by deposits as of June 30, 2021
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
$64,463,869
$37,539,946
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
$34,893,033
$21,975,236
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
$7,401,031
$4,053,811
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
$3,088,187
$1,709,967
Cynthia C. Merkle
President & CEO
1866
5
Bankwell Bank
258 Elm St.
New Canaan, CT 06480
203-972-3838; mybankwell.com
$1,947,473
1.09%
10
$2,452,445
$1,875,167
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
$1,976,191
$1,243,171
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
$1,939,644
$1,206,368
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
$1,738,910
$1,107,905
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
$1,748,267
$894,265
Kenneth L. Weinstein
President & CEO
1855
11
Chelsea Groton Bank
904 Poquonnock Road
Groton, CT 06340
860-823-4912; www.chelseagroton.com
$1,247,577
0.70%
14
$1,591,255
$936,530
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
$1,418,593
$1,036,098
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
$1,029,895
$669,483
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
$1,024,762
$687,822
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
$1,416,844
$953,552
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
$1,073,883
$606,278
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
$973,390
$526,084
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
$947,456
$732,711
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
$739,576
$477,442
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
$699,636
$343,243
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 Dec. 31, 2021.
(1)
Buffalo-based M&T Bank is scheduled to close its acquisition of People's United Bank on or around April 1.
(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.
