Eastern Connecticut Savings Bank

Overview / Commentary
257 Main Street
Norwich, CT 06360

Eastern Connecticut Savings Bank is headquartered in Norwich and is the 28th largest bank in the state of Connecticut. It is also the 2,712th largest bank in the nation. It was established in 1915 and as of June of 2022, it had grown to 61 employees at 5 locations. Eastern Connecticut Savings Bank has a B health rating.


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Health Grade Components

FDIC Certificate #28167
Year Established1915
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.32%
Return on Equity - YTD4.37%
Annual Interest Income$4.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$259.5MM$236.7MM
LoansQ2 2022vs Q2 2021$234.3MM$208.8MM
DepositsQ2 2022vs Q2 2021$232.1MM$215.6MM
Equity CapitalQ2 2022vs Q2 2021$18.3MM$16.8MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.6MM$1.7MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.1MM$3.5MM
Real Estate OwnedQ2 2022vs Q2 2021$895.00K$0
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Always verify rates and promotions with the bank or credit union. We are not Eastern Connecticut Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Eastern Connecticut Savings Bank Savings Account Rates

0.15%*$25k*-Health Savings
OTHER TIERS: 0.05% $1 - $5k | 0.10% $5k - $25k
0.10%*$10k*-IRA Stmt Savings
OTHER TIERS: 0.03% $25 - $2.5k | 0.05% $2.5k - $10k
0.05%$25-Business Statement Savings
0.05%$25-e-Statement Savings
0.05%$1-Holiday Club
0.03%$25-Passbook Savings

Eastern Connecticut Savings Bank Money Market Rates

0.30%*$100k*-Business Money Market
OTHER TIERS: 0.05% $2.5k - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.20%*$50k*-EZ Access Money Market Checking
OTHER TIERS: 0.10% $500 - $25k | 0.15% $25k - $50k

Eastern Connecticut Savings Bank Checking Account Rates

0.05%$25-Business Interest Checking

Eastern Connecticut Savings Bank CD Rates

1.50%$500-5 Year CD
1.25%$500-4 Year CD
1.00%$500-3 Year CD
0.50%$500-2 Year CD
0.40%$500-18 Month CD
0.35%$500-1 Year CD
0.25%$500-6 Month CD
0.10%$500-91 Day CD
0.05%$5k-14 Day CD

Eastern Connecticut Savings Bank IRA Rates

1.50%$500-5 Year IRA
1.25%$500-4 Year IRA
1.00%$500-3 Year IRA
0.50%$500-2 Year IRA
0.40%$500-18 Month IRA
0.35%$500-1 Year IRA
0.25%$500-6 Month IRA
0.10%$500-91 Day IRA

Eastern Connecticut Savings Bank Locations
Jewett City Branch1 Slater AvenueJewett City, CT 06351
Plainfield Branch14 Lathrop RoadPlainfield, CT 06374
Eastern Savings Bank257 Main StNorwich, CT 06360
West Side Office666 West Main StreetNorwich, CT 06360
Norwichtown Branch220 West Town StreetNorwich, CT 06360

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