HARTFORDBUSINESS.COM | FEBRUARY 23, 2026 23
THE LISTS
Largest out-of-state banks in Connecticut
Ranked by Conn. deposits as of June 30, 2025
Bank
Conn. deposits (000)
2025/
2024/
2023
% market share
2025/
2024/
2023
Conn. offices/
total U.S. offices
Parent company/
parent headquarters
1
Bank of America
30 State House Square,
Hartford, CT 06103
860-616-1920 • bankofamerica.com
$40,758,200
$37,557,254
$39,590,905
22.96%
22.40%
23.75%
83
3,557
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
$19,569,100
$18,855,792
$19,388,480
11.03%
11.25%
11.63%
116
863
M&T Bank Corp.
Buffalo, N.Y.
3
TD Bank
2461 Main St.,
Glastonbury, CT 06033
860-652-3231 • tdbank.com
$8,895,586
$9,393,561
$8,869,673
5.01%
5.60%
5.32%
52
1,051
Toronto Dominion (TD) Bank
Toronto, Canada
4
JPMorgan Chase Bank
1111 Polaris Parkway,
Columbus, Ohio, OH 43240
877-302-4273 • jpmorganchase.com
$8,610,010
$8,666,830
$9,716,320
4.85%
5.17%
5.83%
63
4,930
JPMorgan Chase & Co.
New York, N.Y.
5
Wells Fargo Bank
956 Chapel St.,
New Haven, CT 06510
203-497-3625 • wellsfargo.com
$8,127,462
$8,175,997
$8,579,257
4.58%
4.88%
5.15%
47
4,167
Wells Fargo & Co.
San Francisco, Calif.
6
KeyBank
195 Church St.,
New Haven, CT 06510
800-539-2968 • key.com
$5,239,774
$5,025,883
$4,707,631
2.95%
3.00%
2.82%
47
908
Key Corp.
Cleveland, Ohio
7
Citizens Bank
39 Church St.,
New Haven, CT 06510
860-928-7921 • citizensbank.com
$3,858,400
$3,345,065
$3,290,563
2.17%
2.00%
1.97%
30
954
Citizens Financial Group Inc.
Providence, R.I.
8
Citibank
16 Railroad Ave.,
Greenwich, CT 06830
800-627-3999 • citibank.com
$3,652,000
$3,105,000
$3,135,000
2.06%
1.85%
1.88%
12
654
Citigroup Inc.
New York, N.Y.
9
Santander Bank (1)
1010 Farmington Ave.,
West Hartford, CT 06107
860-570-3121 • santanderbank.com
$1,896,545
$1,852,049
$1,813,079
1.07%
1.10%
1.09%
13
387
Banco Santander SA
Madrid, Spain
10
Berkshire Bank
927 Farmington Ave.,
West Hartford, CT 06107
860-231-8148 • berkshirebank.com
$1,577,070
$1,433,037
$1,490,095
0.89%
0.85%
0.89%
18
67
Berkshire Hills Bancorp Inc.
Boston, Mass.
11
NBT Bank
2670 Main St.,
Glastonbury, CT 06033
860-494-2345 • nbtbank.com
$499,413
$497,441
$47,188
0.28%
0.30%
0.03%
6
171
NBT Bancorp Inc.
Norwich, N.Y.
12
PeoplesBank
30 Bridge St.,
Suffield, CT 06078
860-901-8267 • bankatpeoples.com
$468,975
$411,791
$400,580
0.26%
0.25%
0.24%
6
14
Peoplesbancorp MHC
Holyoke, Mass.
13
Centreville Bank
40 Main St.,
Putnam, CT 06260
800-377-4424 • centrevillebank.com
$467,495
$438,520
$406,791
0.26%
0.26%
0.24%
7
12
Centreville Bank
West Warwick, R.I.
14
Northern Trust Co.
165 Mason St.,
Greenwich, CT 06830
203-863-1400 • northerntrust.com
$383,982
$272,120
$390,767
0.22%
0.16%
0.23%
1
57
Northern Trust Corp.
Chicago, Ill.
15
bankHometown
182 Main St.,
Putnam, CT 06260
888-307-5887 • bankhometown.com
$378,081
$357,605
$327,622
0.21%
0.21%
0.20%
5
11
Hometown Financial Group MHC
Easthampton, Mass.
16
Westfield Bank
47 Palomba Drive,
Enfield, CT 06082
413-564-2608 • westfieldbank.com
$306,675
$222,413
$177,235
0.17%
0.13%
0.11%
4
23
Western New England Bancorp Inc.
Westfield, Mass.
17
Washington Trust Co. of Westerly
45 Clara Drive,
Mystic, CT 06355
860-572-2058 • washtrust.com
$101,101
$95,381
$90,266
0.06%
0.06%
0.05%
1
28
Washington Trust Bancorp Inc.
Westerly, R.I.
18
Flagstar Bank
75 Holly Hill Lane,
Greenwich, CT 06830
203-769-7040 • flagstar.com
$42,871
$341,794
$824,330
0.02%
0.20%
0.49%
1
359
Flagstar Financial Inc.
Hicksville, N.Y.
19
Capital One
100 First Stamford Place,
Stamford, CT 06902
203-481-3471 • capitalone.com
$2,123
$2,910
$5,887
0.00%
0.00%
0.00%
1
260
Capital One Financial Corp.
McLean, Va.
Source: Federal Deposit Insurance Corp. (FDIC). Note: N/A = Not available or not applicable.
(1) In February 2026, Spain-based Banco Santander announced a $12.3 billion deal to acquire Stamford's Webster Financial Corp.
-Compiled by Stephanie R. Meagher, research@nebusinessmedia.com
LARGEST OUT-OF-STATE BANKS IN CONNECTICUT
Ranked by Conn. deposits as of June 30, 2025
