Hartford Business Journal Special Editions

Book of Lists 2018

Issue link: https://nebusinessmedia.uberflip.com/i/918562

Contents of this Issue

Navigation

Page 23 of 95

24 | HARTFORD BUSINESS JOURNAL • DECEMBER 26, 2017 Largest out-of-state banks in Connecticut (Ranked by Conn. deposits as of June 30, 2017) Rank Company Conn. deposits 2017/2016/2015 (000) Market share 2017/2016/2015 Conn. offices/ Total offices Parent company Parent headquarters 1 Bank of America 185 Asylum St. Hartford, CT 06103 800-432-1000; www.bankofamerica.com $30,375,653 $29,974,616 $29,705,772 22.79% 23.68% 24.67% 129 4,864 Bank of America Corp. North Carolina 2 Wells Fargo Bank 205 Church St. New Haven, CT 06510 203-773-9037; www.wellsfargo.com $8,756,665 $8,982,455 $8,136,864 6.57% 7.10% 6.76% 69 6,094 Wells Fargo & Co. California 3 TD Bank 2461 Main St. Glastonbury, CT 06033 860-652-6507; www.tdbank.com $6,936,523 $6,827,746 $6,584,804 5.20% 5.39% 5.47% 69 1,284 Toronto Dominion (TD) Bank Toronto, Canada 4 Citibank 399 Post Road West Westport, CT 06880 203-635-6762; www.citibank.com $6,299,000 $4,154,000 $3,383,810 4.73% 3.28% 2.81% 14 1,001 Citigroup Inc. New York 5 JP Morgan Chase Bank 21 East Ave. New Canaan, CT 06840 203-972-1606; www.chase.com $5,894,986 $5,533,022 $5,157,203 4.42% 4.37% 4.28% 47 5,485 JP Morgan Chase & Co. New York 6 KeyBank (1) 195 Church St. New Haven, CT 06510 203-789-2781; www.key.com $4,219,978 $4,144,827 $4,106,719 3.17% 3.27% 3.41% 69 1,247 Key Corp. Ohio 7 Citizens Bank 63 Eugene O'Neill Drive New London, CT 06320 860-444-6300; www.citizensbank.com $2,868,688 $2,722,656 $2,588,150 2.15% 2.15% 2.15% 41 827 Citizens Financial Group Inc. Rhode Island 8 Santander Bank 1010 Farmington Ave. West Hartford, CT 06107 860-570-3121; www.santanderbank.com $1,824,330 $1,910,302 $1,924,479 1.37% 1.51% 1.60% 28 663 Banco Santander SA Madrid, Spain 9 Manufacturers & Traders Trust Co. (M&T Bank) 837 Post Road Fairfield, CT 06824 203-256-8832; www.mtb.com $543,272 $832,397 $888,423 (2) 0.41% 0.66% 0.74% (2) 9 853 M&T Bank Corp. New York 10 First Republic Bank 93 Mason St. Greenwich, CT 06830 203-422-0818; www.firstrepublic.com $417,201 $381,094 $331,066 0.31% 0.30% 0.27% 1 74 First Republic Bank California 11 Signature Bank 75 Holly Hill Lane Greenwich, CT 06830 866-744-5463; www.signatureny.com $387,893 $41,863 $12,904 0.29% 0.03% 0.01% 1 32 Signature Bank New York 12 BNY Mellon 10 Mason St. Greenwich, CT 06830 203-487-5758; www.bnymellon.com $309,423 $343,484 $327,840 0.23% 0.27% 0.27% 1 (3) 45 The Bank of New York Mellon Corp. New York 13 HSBC Bank USA 19 Post Road East Westport, CT 06880 800-975-4722; www.banking.us.hsbc.com $299,346 $302,527 $289,371 0.22% 0.24% 0.24% 3 249 HSBC Holdings PLC London, United Kingdom 14 Berkshire Bank 68 State House Square Hartford, CT 06103 860-246-5200; www.berkshirebank.com $287,803 $295,947 $242,294 0.22% 0.23% 0.20% 8 99 Berkshire Hills Bancorp Inc. Massachusetts 15 bankHometown (4) 182 Main St. Putnam, CT 06260 860-753-4500; www.hometowncoop.com $208,022 $244,701 (5) $279,401 (6) 0.16% 0.19% (5) 0.23% (6) 5 13 Hometown Financial Group MHC Massachusetts 16 Northern Trust Co. 165 Mason St. Greenwich, CT 06830 203-863-1400; www.northerntrust.com $192,769 $189,620 $137,175 0.14% 0.15% 0.11% 1 74 Northern Trust Corp. Illinois 17 Capitol One 45 S. Main St. Branford, CT 06405 203-481-3471; www.capitalone.com $146,171 $160,405 $185,508 0.11% 0.13% 0.15% 1 669 Capitol One Financial Corp. Virginia Source: Federal Deposit Insurance Corp. website: www.fdic.gov. Notes: Listed address denotes branch with the highest deposits in Conn. per June 30, 2017 report. Limited-service offices which contributed zero deposits per June 30, 2017 report were not included in the number of Conn. offices. (1) First Niagara Bank NA merged with Cleveland-based KeyCorp. in Oct. 2016. (2) Figure represents Hudson City Savings Bank, which became part of M&T Bank on Nov. 1, 2015. (3) An additional two offices offer limited services with zero deposits. (4) The holding company of Easthampton Savings Bank/CNB and Hometown Financial Group MHC merged in April 2016; five Conn. Easthampton Savings Bank branches were acquired by Hometown Bank in Nov. 2016, now branded bankHometown. (5) Figure represents Easthampton Savings Bank. (6) As of June 2015, Easthampton Savings Bank acquired the Citizens National Bank of Putnam, then called CNB, a division of ESB. Figure represents the former Citizens National Bank, an in-state bank. —Compiled by Heide Martin. LARGEST OUT-OF-STATE BANKS IN CONNECTICUT (Ranked by Conn. deposits as of June 30, 2017) BANKING & FINANCE Out-of-state banks with the most CT offices No. of offices Bank of America 129 KeyBank 69 TD Bank 69 Wells Fargo Bank 69 JP Morgan Chase Bank 47

Articles in this issue

Links on this page

Archives of this issue

view archives of Hartford Business Journal Special Editions - Book of Lists 2018