Essex Savings Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.essexsavings.com

860-767-4414

35 Plains Road
Essex, CT 06426

Essex Savings Bank is headquartered in ESSEX and is the 23^rd largest bank in the state of Connecticut. It is also the 1,768^th largest bank in the nation. It was established in 1851 and as of March of 2025, it had grown to 130 employees at 8 locations. Essex Savings Bank has an A health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	17262
Year Established	1851
Employees	130
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.57%
Return on Equity - YTD	4.24%
Annual Interest Income	$5.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$512.1MM$505.2MM
Loans	Q1 2025vs Q1 2024	$355MM$328.8MM
Deposits	Q1 2025vs Q1 2024	$433.1MM$432.1MM
Equity Capital	Q1 2025vs Q1 2024	$68.5MM$63.2MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$3.2MM$3MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$328K$197K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Essex Savings Bank are currently being reviewed.

Locations

Essex Savings Bank Locations
Old Lyme Branch	101 Halls Road	Old Lyme, CT 06371
Old Saybrook Branch	155 Main Street	Old Saybrook, CT 06475
Chester Branch	203 Middlesex Avenue	Chester, CT 06412
Essex Savings Bank	35 Plains Rd	Essex, CT 06426
Main Street Branch	9 Main Street	Essex, CT 06426
Madison Branch	99 Durham Road	Madison, CT 06443

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