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24 HARTFORDBUSINESS.COM | 2025 BOOK OF LISTS F I N A N C E LARGEST OUT-OF-STATE BANKS IN CONNECTICUT Continued from page 21 3 2461 Main St., Glastonbury, CT 06033 860-652-6507; tdbank.com $8,869,673 $9,814,007 5.32% 5.48% 56 1,174 Toronto Dominion (TD) Bank Toronto, Canada 4 JPMorgan Chase Bank (1) 1111 Polaris Parkway, Columbus, Ohio, OH 43240 877-302-4273; jpmorganchase.com $8,666,830 $9,716,320 $10,144,100 (2) 5.17% 5.83% 5.66% (3) 61 4,881 JP Morgan Chase & Co. New York, N.Y. 5 Wells Fargo Bank 956 Chapel St., New Haven, CT 06510 203-497-3625; wellsfargo.com $8,175,997 $8,579,257 $9,846,406 4.88% 5.15% 5.50% 49 4,304 Wells Fargo & Co. San Francisco, Calif. 6 KeyBank 195 Church St., New Haven, CT 06510 800-539-2968; key.com $5,025,883 $4,707,631 $5,374,016 3.00% 2.82% 3.00% 48 963 Key Corp. Cleveland, Ohio 7 Citizens Bank 39 Church St., New Haven, CT 06510 860-928-7921; citizensbank.com $3,345,065 $3,290,563 $3,512,121 2.00% 1.97% 1.96% 30 1,015 Citizens Financial Group Inc. Providence, R.I. 8 Citibank 16 Railroad Ave., Greenwich, CT 06830 800-627-3999; citibank.com $3,105,000 $3,135,000 $5,300,000 1.85% 1.88% 2.96% 12 658 Citigroup Inc. New York, N.Y. 9 Santander Bank 1010 Farmington Ave., West Hartford, CT 06107 860-570-3121; santanderbank.com $1,852,049 $1,813,079 $1,893,661 1.10% 1.09% 1.06% 15 405 Banco Santander SA Madrid, Spain 10 Berkshire Bank 927 Farmington Ave., West Hartford, CT 06107 860-231-8148; berkshirebank.com $1,433,037 $1,490,095 $1,407,746 0.85% 0.89% 0.79% 18 95 Berkshire Hills Bancorp Inc. Boston, Mass. 11 NBT Bank (4) 2670 Main St., Glastonbury, CT 06033 860-494-2345; nbtbank.com $497,441 $47,188 $36,894 0.30% 0.03% 0.02% 6 155 NBT BCorp. Inc. Norwich, N.Y. 12 Centreville Bank 40 Main St., Putnam, CT 06260 800.377.4424; centrevillebank.com $438,520 $406,791 $387,946 0.26% 0.24% 0.22% 7 18 Centreville Bank West Warwick, R.I. 13 PeoplesBank (5) 30 Bridge St., Suf CT 06078 860-901-8267; bankatpeoples.com $411,791 $400,580 $402,078 0.25% 0.24% 0.22% 4 19 Peoplesbancorp MHC Holyoke, Mass. 14 bankHometown 182 Main St., Putnam, CT 06260 888-307-5887; bankhometown.com $357,605 $327,622 $341,776 0.21% 0.20% 0.19% 5 16 Hometown Financial Group MHC Easthampton, Mass. 15 Flagstar Bank (6) 75 Holly Hill Lane, Greenwich, CT 06830 203-769-7040; .com $341,794 $824,330 $2,151,416 (7) 0.20% 0.49% 1.20% (7) 1 419 New York Community Bank Hicksville, N.Y. 16 Northern Trust Co. 165 Mason St., Greenwich, CT 06830 203-863-1400; northerntrust.com $272,120 $390,767 $463,815 0.16% 0.23% 0.26% 1 58 Northern Trust Corp. Chicago, Ill. 17 W 47 Palomba Drive, CT 06082 413-564-2608; $222,413 $177,235 $174,222 0.13% 0.11% 0.10% 4 27 Western New England Bancorp Inc. W 18 Washington Trust Co. of Westerly 45 Clara Drive, Mystic, CT 06355 860-572-2058; washtrust.com $95,381 $90,266 $81,717 0.06% 0.05% 0.05% 1 28 Washington Trust Bancorp Inc. Westerly, R.I. 19 Capital One 100 First Stamford Place, Stamford, CT 06902 203-481-3471; capitalone.com $2,910 $5,887 $6,627 0.00% 0.00% 0.00% 1 258 Capitol One Financial Corp. McLean, Va. Source: Federal Deposit Insurance Corp. (FDIC). Note: Listed address denotes branch with the highest deposits in Conn. per June 30, 2024 report. N/A = Not available or not applicable. (1) San Francisco, Calif.-based First Republic Bank is now part of JPMorgan Chase Bank. (2) $943,158 for First Republic Bank. (3) 0.53% for First Republic Bank. (4) In September 2024, announced agreement to merge with Evans Bancorp Inc. of Williamsville, New York; the deal is expected to close by Q2 2025. Completed its acquisition of Lakeville's Salisbury Bank and Trust Co. in August 2023. (5) In June 2024, agreed to merge its holding company with Mass-based Cornerstone Bank's holding company; both banks will continue operating under separate names and brands. (6) FDIC sold most of the deposits of New York-based Signature Bank to Flagstar Bank, upon the failure of Signature Bank in Q1 2023. (7) Data for Signature Bank. -Compiled by Stephanie R. Meagher, research@nebusinessmedia.com Largest out-of-state banks in Connecticut Ranked by Conn. deposits as of June 30, 2024 Bank Conn. deposits (000) 2024/ 2023/ 2022 % market share 2024/ 2023/ 2022 Conn. of total U.S. of Parent company/ parent headquarters 1 Bank of America 30 State House Square, Hartford, CT 06103 860-616-1920; bankofamerica.com $37,557,254 $39,590,905 $44,720,763 22.40% 23.75% 24.97% 87 3,743 Bank of America Charlotte, N.C. 2 Manufacturers & Traders Trust Co. (M&T Bank) 850 Main St., Bridgeport, CT 06604 800-724-2440; mtb.com $18,855,792 $19,388,480 $24,802,646 11.25% 11.63% 13.85% 118 995 M&T Bank Corp. Buffalo, N.Y. 3 TD Bank 2461 Main St., Glastonbury, CT 06033 860-652-6507; tdbank.com $9,393,561 $8,869,673 $9,814,007 5.60% 5.32% 5.48% 56 1,174 Toronto Dominion (TD) Bank Toronto, Canada 4 JPMorgan Chase Bank (1) 1111 Polaris Parkway, Columbus, Ohio, OH 43240 877-302-4273; jpmorganchase.com $8,666,830 $9,716,320 $10,144,100 (2) 5.17% 5.83% 5.66% (3) 61 4,881 JP Morgan Chase & Co. New York, N.Y. 5 Wells Fargo Bank 956 Chapel St., New Haven, CT 06510 203-497-3625; wellsfargo.com $8,175,997 $8,579,257 $9,846,406 4.88% 5.15% 5.50% 49 4,304 Wells Fargo & Co. San Francisco, Calif. 6 KeyBank 195 Church St., New Haven, CT 06510 800-539-2968; key.com $5,025,883 $4,707,631 $5,374,016 3.00% 2.82% 3.00% 48 963 Key Corp. Cleveland, Ohio 7 Citizens Bank 39 Church St., New Haven, CT 06510 860-928-7921; citizensbank.com $3,345,065 $3,290,563 $3,512,121 2.00% 1.97% 1.96% 30 1,015 Citizens Financial Group Inc. Providence, R.I. 8 Citibank 16 Railroad Ave., Greenwich, CT 06830 800-627-3999; citibank.com $3,105,000 $3,135,000 $5,300,000 1.85% 1.88% 2.96% 12 658 Citigroup Inc. New York, N.Y. 9 Santander Bank 1010 Farmington Ave., West Hartford, CT 06107 860-570-3121; santanderbank.com $1,852,049 $1,813,079 $1,893,661 1.10% 1.09% 1.06% 15 405 Banco Santander SA Madrid, Spain 10 Berkshire Bank 927 Farmington Ave., West Hartford, CT 06107 860-231-8148; berkshirebank.com $1,433,037 $1,490,095 $1,407,746 0.85% 0.89% 0.79% 18 95 Berkshire Hills Bancorp Inc. Boston, Mass. 11 NBT Bank (4) 2670 Main St., Glastonbury, CT 06033 860-494-2345; nbtbank.com $497,441 $47,188 $36,894 0.30% 0.03% 0.02% 6 155 NBT BCorp. Inc. Norwich, N.Y. 12 Centreville Bank 40 Main St., Putnam, CT 06260 800.377.4424; centrevillebank.com $438,520 $406,791 $387,946 0.26% 0.24% 0.22% 7 18 Centreville Bank West Warwick, R.I. 13 PeoplesBank (5) 30 Bridge St., Suf CT 06078 860-901-8267; bankatpeoples.com $411,791 $400,580 $402,078 0.25% 0.24% 0.22% 4 19 Peoplesbancorp MHC Holyoke, Mass. 14 bankHometown 182 Main St., Putnam, CT 06260 888-307-5887; bankhometown.com $357,605 $327,622 $341,776 0.21% 0.20% 0.19% 5 16 Hometown Financial Group MHC Easthampton, Mass. 15 Flagstar Bank (6) 75 Holly Hill Lane, Greenwich, CT 06830 203-769-7040; .com $341,794 $824,330 $2,151,416 (7) 0.20% 0.49% 1.20% (7) 1 419 New York Community Bank Hicksville, N.Y. 16 Northern Trust Co. 165 Mason St., Greenwich, CT 06830 203-863-1400; northerntrust.com $272,120 $390,767 $463,815 0.16% 0.23% 0.26% 1 58 Northern Trust Corp. Chicago, Ill. 17 W 47 Palomba Drive, CT 06082 413-564-2608; $222,413 $177,235 $174,222 0.13% 0.11% 0.10% 4 27 Western New England Bancorp Inc. W 18 Washington Trust Co. of Westerly 45 Clara Drive, Mystic, CT 06355 860-572-2058; washtrust.com $95,381 $90,266 $81,717 0.06% 0.05% 0.05% 1 28 Washington Trust Bancorp Inc. Westerly, R.I. 19 Capital One 100 First Stamford Place, Stamford, CT 06902 203-481-3471; capitalone.com $2,910 $5,887 $6,627 0.00% 0.00% 0.00% 1 258 Capitol One Financial Corp. McLean, Va. Source: Federal Deposit Insurance Corp. (FDIC). Note: Listed address denotes branch with the highest deposits in Conn. per June 30, 2024 report. N/A = Not available or not applicable. (1) San Francisco, Calif.-based First Republic Bank is now part of JPMorgan Chase Bank. (2) $943,158 for First Republic Bank. (3) 0.53% for First Republic Bank. (4) In September 2024, announced agreement to merge with Evans Bancorp Inc. of Williamsville, New York; the deal is expected to close by Q2 2025. Completed its acquisition of Lakeville's Salisbury Bank and Trust Co. in August 2023. (5) In June 2024, agreed to merge its holding company with Mass-based Cornerstone Bank's holding company; both banks will continue operating under separate names and brands. (6) FDIC sold most of the deposits of New York-based Signature Bank to Flagstar Bank, upon the failure of Signature Bank in Q1 2023. (7) Data for Signature Bank. -Compiled by Stephanie R. Meagher, research@nebusinessmedia.com HARTFORD BUSINESS JOURNAL Connecticut's Business News BE A PART OF THE ISSUE • ADVERTISING@HARTFORDBUSINESS.COM 2025 Don't miss our FEBRUARY 10TH ISSUE focused on Accounting