Essex Savings Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.10%	5-year CD	5 Year CD 2.85% - Barclays 60 Month Online CD
0.20%	1-year CD	1 Year CD 2.35% - Synchrony Bank 14 Month CD Special
0.04%	Savings	Statement Savings 1.75% - Synchrony Bank High Yield Savings

View all Essex Savings Bank rates »

Overview / Commentary

www.essexsavings.com

860-767-2573

35 Plains Road
Essex, CT 06426

Essex Savings Bank is headquartered in Essex and is the 29^th largest bank in the state of Connecticut. It is also the 1,825^th largest bank in the nation. It was established in 1851 and as of March of 2018, it had grown to 123 employees at 6 locations. Essex Savings Bank has an A health rating.

Reviews

Write a Review

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

Health

A

Data as of Q1 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	17262
Year Established	1851
Employees	123
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.54%
Return on Equity - YTD	4.44%
Annual Interest Income	$3.4MM

Assets and Liabilities
Assets	Q1 2018vs Q1 2017	$379.7MM$369.4MM
Loans	Q1 2018vs Q1 2017	$308.2MM$300.3MM
Deposits	Q1 2018vs Q1 2017	$325.7MM$317.3MM
Equity Capital	Q1 2018vs Q1 2017	$47.1MM$44.4MM
Loan Loss Allowance	Q1 2018vs Q1 2017	$2.3MM$2.3MM
Unbacked Noncurrent Loans	Q1 2018vs Q1 2017	$640.00K$1.3MM
Real Estate Owned	Q1 2018vs Q1 2017	$350.00K$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Essex 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.

Essex Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$50k^*	-	Clipper Ship Savings
OTHER TIERS: 0.05% → Up to $10k \| 0.08% → $10k - $25k \| 0.10% → $25k - $50k
0.15%^*	$50k^*	-	IRA Clipper Ship Savings
OTHER TIERS: 0.05% → Up to $10k \| 0.08% → $10k - $25k \| 0.10% → $25k - $50k
0.15%^*	$50k^*	-	Business Clipper Ship Savings
OTHER TIERS: 0.05% → Up to $10k \| 0.08% → $10k - $25k \| 0.10% → $25k - $50k
0.05%	-	-	Holiday Club
0.04%	-	-	Passbook Savings
0.04%	-	-	Statement Savings
0.04%	-	-	Business Passbook Savings
0.04%	-	-	Business Statement Savings

Essex Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.07%	-	-	Money Market Account

Essex Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.12%^*	$100k^*	-	Flag Ship Checking
OTHER TIERS: 0.06% → Up to $25k \| 0.08% → $25k - $50k \| 0.10% → $50k - $100k
0.02%	-	-	NOW Checking
0.02%	-	-	IORETA

Essex Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	-	-	18 Month CD
1.75%	-	-	7 Year CD
1.75%	-	-	Business 18 Month CD
1.75%	-	-	Business 7 Year CD
1.10%	-	-	5 Year CD
1.10%	-	-	Business 5 Year CD
0.40%	-	-	3 Year CD
0.40%	-	-	Business 3 Year CD
0.35%	-	-	2 Year CD
0.35%	-	-	Business 2 Year CD
0.20%	-	-	1 Year CD
0.20%	-	-	Business 1 Year CD
0.15%	-	-	9 Month CD
0.15%	-	-	Business 9 Month CD
0.10%	-	-	6 Month CD
0.10%	-	-	Business 6 Month CD
0.05%	-	-	3 Month CD
0.05%	-	-	Business 3 Month CD

Essex Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	-	-	18 Month IRA
1.10%	-	-	5 Year IRA
0.40%	-	-	3 Year IRA
0.35%	-	-	2 Year IRA
0.20%	-	-	1 Year IRA
0.15%	-	-	9 Month IRA
0.10%	-	-	6 Month IRA
0.05%	-	-	3 Month IRA

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 Road	Essex, CT 06426
Main Street Branch	9 Main Street	Essex, CT 06426
Madison Branch	99 Durham Road	Madison, CT 06443

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 feedback@depositaccounts.com 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.