Eastern Connecticut Savings Bank


Overview / Commentary
860-425-0123
257 Main Street
Norwich, CT 06360

Eastern Connecticut Savings Bank is headquartered in NORWICH and is the 27th largest bank in the state of Connecticut. It is also the 2,660th largest bank in the nation. It was established in 1915 and as of March of 2024, it had grown to 55 employees at 5 locations. Eastern Connecticut Savings Bank has a C+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
C+

Health Grade Components

Overall
FDIC Certificate #28167
Year Established1915
Employees55
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-0.14%
Return on Equity - YTD-2%
Annual Interest Income$2.9MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$264.6MM$279.8MM
LoansQ1 2024vs Q1 2023$235.2MM$247.2MM
DepositsQ1 2024vs Q1 2023$232MM$236MM
Equity CapitalQ1 2024vs Q1 2023$19MM$19.1MM
Loan Loss AllowanceQ1 2024vs Q1 2023$1.7MM$1.7MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$5MM$4.4MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
Rates
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

Eastern Connecticut Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$25-IOLTA
0.30%$25-IOREBTA
0.05%$25-Business Interest Checking

Eastern Connecticut Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.85%$500-6 Month CD
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
0.10%$500-91 Day CD

Eastern Connecticut Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.85%$500-6 Month IRA
3.00%$500-1 Year IRA Special
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
0.10%$500-91 Day IRA
Locations


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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.