HARTFORDBUSINESS.COM | August 15, 2022 27
The Lists
Largest in-state banks
Ranked by deposits as of June 30, 2021
Bank
Total CT deposits (000)
(1)
Market share (1)
CT offices (1)
Assets (000) (2)
Net loans and leases (000) (2)
Net income (000) (2) Top Executive(s) Date established
1
Webster Bank (3)
200 Elm St.
Stamford, CT 06901
203-578-2200 • websteronline.com
$25,311,409
14.17%
96
$65,014,259
$42,985,084
$21,577
John R. Ciulla
President & CEO
Jack Kopnisky
Executive chairman
1870
2
Liberty Bank
315 Main St.
Middletown, CT 06457
888-570-0773 • liberty-bank.com
$5,895,456
3.3%
59
$7,478,079
$4,085,755
$1,903
David W. Glidden
President & CEO
1825
3
Union Savings Bank
226 Main St
Danbury, CT 06810
866-872-1866 • unionsavings.com
$2,444,600
1.37%
26
$3,123,000
$1,713,512
$4,634
Cynthia C. Merkle
President & CEO
1866
4
Bankwell Bank
208 Elm St.
New Canaan, CT 06840
203-972-3838 • mybankwell.com
$1,947,473
1.09%
13
$2,493,815
$1,964,567
$9,231
Christopher Gruseke
CEO
2002
5
First County Bank
117 Prospect St.
Stamford, CT 06901
203-462-4400 • firstcountybank.com
$1,615,521
0.9%
17
$1,941,766
$1,275,783
$2,647
Robert J. Granata
Chairman & CEO
1851
6
Fairfield County Bank
150 Danbury Road
Ridgefield, CT 06877
877-431-7431 • fairfieldcountybank.com
$1,545,884
0.87%
16
$1,962,911
$1,179,585
$3,197
David A. Schneider
CEO
1871
7
Ion Bank (4)
251 Church St.
Naugatuck, CT 06770
877-729-4442 • ionbank.com
$1,526,455
0.85%
21
$1,805,678
$1,109,703
$1,294
David J. Rotatori
President & CEO
1870
8
Thomaston Savings Bank
203 Main St.
Thomaston, CT 06787
855-344-1874 • thomastonsavingsbank.com
$1,353,325
0.76%
14
$1,600,526
$848,095
$1,152
Stephen L. Lewis
President & CEO
1874
9
Newtown Savings Bank
39 Main St.
Newtown, CT 06470
203-426-2563 • nsbonline.com
$1,344,143
0.75%
18
$1,801,282
$893,156
$1,169
Kenneth L. Weinstein
President & CEO
1855
10
Chelsea Groton Bank
904 Poquonnock Road
Groton, CT 06340
860-823-4912 • chelseagroton.com
$1,247,577
0.7%
14
$1,574,802
$909,935
-$1,051
B. Michael Rauh
Jr.
President & CEO
1854
11
Savings Bank of Danbury
220 Main St.
Danbury, CT 06810
203-743-3849 • sbdanbury.com
$1,135,675
0.64%
15
$1,423,186
$1,007,808
$3,292
Martin G. Morgado
President & CEO
1849
12
Northwest Community Bank
86 Main St.
Winsted, CT 06098
860-379-7561 • nwcommunitybank.com
$886,020
0.5%
15
$1,019,638
$694,995
$1,505
Stephen P. Reilly
president
1875
13
Guilford Savings Bank
1 Park St.
Guilford, CT 06437
203-453-2721 • gsb-yourbank.com
$859,299
0.48%
7
$1,034,174
$679,675
$1,540
Timothy P. Geelan
President & CEO
1875
14
Fieldpoint Private Bank & Trust
100 Field Point Road
Greenwich, CT 06830
203-413-9300 • fieldpointprivate.com
$821,861
0.46%
1
$1,559,162
$973,363
$613
Timothy Tully
Executive chairman
2008
15
Dime Bank
290 Salem Turnpike
Norwich, CT 06360
860-859-4300 • dime-bank.com
$817,385
0.46%
12
$1,078,416
$641,788
$940
Nicholas Caplanson
President & CEO
1869
16
Torrington Savings Bank
129 Main St.
Torrington, CT 06790
860-496-2152 • torringtonsavings.bank
$766,072
0.43%
8
$969,099
$553,406
$157
Lesa A. Vanotti
President & CEO
1868
17
Patriot Bank
999 Bedford St.
Stamford, CT 06905
203-251-7200 • bankpatriot.com
$716,982
0.4%
8
$975,256
$769,421
$1,135
Robert G. Russell, Jr.
President & CEO
1994
18
Windsor Federal Savings & Loan
250 Broad St.
Windsor, CT 06095
860-688-8511 • windsorfederal.com
$623,321
0.35%
12
$745,155
$479,167
$846
George Hermann
President & CEO
1935
19
Connecticut Community Bank
1111 Post Road East
Westport, CT 06880
203-319-6260 • ccbankonline.com
$586,269
0.33%
9
$672,010
$324,818
$114
David W. Tralka
President & CEO
1998
Source: Federal Deposit Insurance Corp. Note: N/A = Not available.
(1) Data from June 30, 2021 call report.
(2) Data from March 31, 2022 call report.
(3) On Feb. 1, 2022, Webster Financial Corp., parent company of Webster Bank, completed its acquisition of Sterling Bancorp. Webster Bank moved its headquarters from Waterbury to Stamford.
(4) On July 13, 2022, Ion Financial MHC, parent company of Ion Bank, announced that it has entered into an agreement with Cheshire-based BCI Financial to acquire its assets later this year; BCI Financial
focuses primarily on automobile loans, and its headquarters will remain in Cheshire.
-Compiled by Stephanie R. Meagher, research@nebusinessmedia.com
