BOOK OF LISTS & ECONOMIC FORECAST 2016-2017
Banking & Finance
26 Hartford Business Journal • decemBer 26, 2016 www.HartfordBusiness.com
Largest out-of-state banks in Connecticut
(Ranked by Conn. deposits as of June 30, 2016)
Rank Company
Conn. deposits
2016/2015/2014 (000)
Market share
2016/2015/2014
Conn. offices/
Total offices
Parent
company
Parent
headquarters
1
Bank of America NA
185 Asylum St.
Hartford, CT 06103
800-432-1000;
www.bankofamerica.com
$29,974,616
$29,705,772
$29,110,385
23.68%
24.67%
25.72%
140
4,974
Bank of America Corp. North Carolina
2
Wells Fargo Bank NA
101 North Phillips Ave.
Sioux Falls, SD 57104
203-773-9037;
www.wellsfargo.com
$8,982,455
$8,136,864
$8,508,245
7.10%
6.76%
7.52%
75
6,259
Wells Fargo & Co. California
3
TD Bank NA
2461 Main St.
Glastonbury, CT 06033
860-652-6507;
www.tdbank.com
$6,827,746
$6,584,804
$6,325,029
5.39%
5.47%
5.59%
71
1,294
Toronto Dominion (TD)
Bank
Toronto,
Canada
4
JP Morgan Chase Bank NA
21 East Ave.
New Canaan, CT 06840
203-972-1606; www.chase.com
$5,533,022
$5,157,203
$5,056,325
4.37%
4.28%
4.47%
50
5,623
JP Morgan Chase & Co. New York
5
Citibank NA
399 Post Road West
Westport, CT 06880
203-635-6763;
www.citibank.com
$4,154,000
$3,383,810
$3,209,821
3.28%
2.81%
2.84%
14
1,039
Citigroup Inc. New York
6
KeyBank (1)
127 Public Square
Cleveland, OH 44114
800-539-2968; www.key.com
$4,144,827
$4,106,719
$4,099,870
3.27%
3.41%
3.62%
76
390
Key Corp. Ohio
7
Citizens Bank NA
63 Eugene O'Neill Drive
New London, CT 06320
860-444-6300;
www.citizensbank.com
$2,722,656
$2,588,150
$2,514,166
2.15%
2.15%
2.22%
44
859
Citizens Financial Group
Inc.
Rhode Island
8
Santander Bank NA
1010 Farmington Ave.
West Hartford, CT 06107
860-570-3121;
www.santanderbank.com
$1,910,302
$1,924,479
$1,442,482
1.51%
1.60%
1.27%
28
674
Banco Santander SA Madrid, Spain
9
Manufacturers & Traders
Trust Co. (M&T Bank)
599 Newfield Ave.
Stamford, CT 06905
203-348-8800; www.mtb.com
$832,397
$888,423 (2)
$1,048,120 (2)
0.66%
0.74% (2)
0.93% (2)
9
861
M&T Bank Corp. New York
10
First Republic Bank
93 Mason St.
Greenwich, CT 06830
203-422-0818;
www.firstrepublic.com
$381,094
$331,066
$223,367
0.30%
0.27%
0.20%
1
73
First Republic Bank California
11
BNY Mellon NA
10 Mason St.
Greenwich, CT 06830
203-487-5758;
www.bnymellon.com
$343,484
$327,840
$298,546
0.27%
0.27%
0.26%
3 (3)
44
The Bank of New York
Mellon Corp.
New York
12
HSBC Bank USA NA
19 Post Road East
Westport, CT 06880
800-975-4722;
www.banking.us.hsbc.com
$302,527
$289,371
$336,738
0.24%
0.24%
0.30%
3
249
HSBC Holdings PLC
London, United
Kingdom
13
Berkshire Bank
68 State House Square
Hartford, CT 06103
860-246-5200;
www.berkshirebank.com
$295,947
$242,294
$239,948
0.23%
0.20%
0.21%
8
95
Berkshire Hills Bancorp Inc. Massachusetts
14
Easthampton Savings Bank/
CNB
182 Main St.
Putnam, CT 06260
860-753-4500;
www.bankesb.com
$244,701
$279,401
$285,557 (4)
0.19%
0.23%
0.25% (4)
5
15
Hometown Financial Group
MHC
Massachusetts
15
Northern Trust Co.
165 Mason St.
Greenwich, CT 06830
203-863-1400;
www.northerntrust.com
$189,620
$137,175
$121,561
0.15%
0.11%
0.11%
1
74
Northern Trust Corp. Illinois
16
Capitol One NA
45 S. Main St.
Branford, CT 06405
203-481-3471;
www.capitalone.com
$160,405
$185,508
$196,215
0.13%
0.15%
0.17%
1
761
Capitol One Financial Corp. Virginia
17
Westfield Bank
47 Palomba Drive
Enfield, CT 06082
860-265-3919;
www.westfieldbank.com
$56,984
$36,626
$4,589
0.05%
0.03%
0.00%
2
14
Westfield Bank Massachusetts
18
Washington Trust Co. of
Westerly
14 Clara Drive
Mystic, CT 06355
860-572-2058;
www.washtrust.com
$55,127
$58,360
$59,968
0.04%
0.05%
0.05%
1
23
Washington Trust Bancorp
Inc.
Rhode Island
19
Signature Bank
75 Holly Hill Lane
Greenwich, CT 06830
866-744-5463;
www.signatureny.com
$41,863
$12,904
NA
0.03%
0.01%
NA
1
32
Signature Bank New York
Source: Federal Deposit Insurance Corp. website: www.fdic.gov. Notes: NA = Not applicable. Listed address denotes branch with the highest deposits in Conn. per June 30, 2016 report.
(1)
Due to merger with Cleveland-based KeyCorp., First Niagara Bank NA accounts were converted to KeyBank's systems in Oct. 2016, and will do business as KeyBank moving forward;
figures are for First Niagara Bank as of June 30, 2016.
(2)
Figure represents Hudson City Savings Bank, which merged with and became part of M&T Bank on Nov. 1, 2015.
(3) Two offices offer limited services and had zero deposits as of June 30, 2016.
(4) As of June 30, 2015, acquired The Citizens National Bank of Putnam, now called CNB, a division of ESB. Figure represents the former Citizens National Bank, an in-state bank.
—Compiled by Heide Martin.
No. of offices
Bank of America ..............140
KeyBank
(formerly First Niagara Bank) ...76
TD Bank ............................71
Wells Fargo Bank ...............75
JP Morgan Chase Bank .......50
Out-of-state banks with the
most CT offices
