Eastern Connecticut Savings Bank

Overview / Commentary
257 Main Street
Norwich, CT 06360

Eastern Connecticut Savings Bank is headquartered in Norwich and is the 29th largest bank in the state of Connecticut. It is also the 2,877th largest bank in the nation. It was established in 1915 and as of December of 2020, it had grown to 54 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 - YTD0.24%
Return on Equity - YTD3.19%
Annual Interest Income$8.2MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$222.2MM$193.1MM
LoansQ4 2020vs Q4 2019$191.7MM$155.3MM
DepositsQ4 2020vs Q4 2019$198.7MM$167.5MM
Equity CapitalQ4 2020vs Q4 2019$16.2MM$15.7MM
Loan Loss AllowanceQ4 2020vs Q4 2019$1.5MM$1.4MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$4.2MM$5.2MM
Real Estate OwnedQ4 2020vs Q4 2019$0$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

0.20%*$50k*-Health Savings
OTHER TIERS: 0.05% $1 - $5k | 0.10% $5k - $25k | 0.15% $25k - $50k
0.10%*$10k*-IRA Stmt Savings
OTHER TIERS: 0.05% $25 - $10k
0.05%$25-Passbook Savings
0.05%$25-Business Statement Savings
0.05%$25-e-Statement Savings
0.05%$1-Holiday Club

Eastern Connecticut Savings Bank Money Market Rates

0.35%*$100k*-Business Money Market
OTHER TIERS: 0.05% $2.5k - $25k | 0.10% $25k - $50k | 0.20% $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

0.75%$500-5 Year CD
0.65%$500-4 Year CD
0.50%$500-3 Year CD
0.45%$500-2 Year CD
0.45%$500-30 Month CD
0.35%$500-18 Month CD
0.30%$500-1 Year CD
0.25%$500-9 Month CD
0.20%$500-6 Month CD
0.15%$500-91 Day CD
0.10%$5k-14 Day CD

Eastern Connecticut Savings Bank IRA Rates

0.75%$500-5 Year IRA
0.65%$500-4 Year IRA
0.50%$500-3 Year IRA
0.45%$500-2 Year IRA
0.45%$500-30 Month IRA
0.35%$500-18 Month IRA
0.30%$500-1 Year IRA
0.25%$500-9 Month IRA
0.20%$500-6 Month IRA
0.15%$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 StreetNorwich, CT 06360
West Side Office666 West Main StreetNorwich, CT 06360
Norwichtown Branch220 West Town StreetNorwich, CT 06360

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