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New Haven Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
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
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.30%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
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
APY APY = Annual Percentage Yield Rates as of 5/21/2025
3.60%
Our Rating
4.2  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 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.newhavenbank.com
203-285-6490
299 Whalley Avenue
New Haven, CT 06511

New Haven Bank is headquartered in NEW HAVEN and is the 28th largest bank in the state of Connecticut. It is also the 3,050th largest bank in the nation. It was established in 2010 and as of December of 2024, it had grown to 23 employees at 2 locations. New Haven Bank's savings rates are 6X the national average, and it has a B health rating.

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Health
B

Data as of Q4 2024

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. New Haven Bank has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #58952
Year Established2010
Employees23
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-2.05%
Return on Equity - YTD-21.41%
Annual Interest Income$9.6MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$199.7MM$189.7MM
LoansQ4 2024vs Q4 2023$167.8MM$161.8MM
DepositsQ4 2024vs Q4 2023$145MM$141.1MM
Equity CapitalQ4 2024vs Q4 2023$15.6MM$19.7MM
Loan Loss AllowanceQ4 2024vs Q4 2023$1.9MM$1.9MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$0$249K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
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
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.30%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
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
APY APY = Annual Percentage Yield Rates as of 5/21/2025
3.60%
Our Rating
4.2  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 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
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

New Haven Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.25%$10k-Safe Haven Savings Account Special-New Money
3.25%$10k-Business Safe Haven Savings Account Special-New Money
0.05%$0-Business NHB Savings Account
0.05%$0-NHB Savings

New Haven Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$100k*-NHB Money Market Account
OTHER TIERS: 0.05% → $1k - $10k | 0.10% → $10k - $100k
0.15%*$100k*-Business Money Market Account
OTHER TIERS: 0.05% → $1k - $10k | 0.10% → $10k - $100k

New Haven Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.19%$1k-IOLTA – Interest on Lawyers Trust Account
0.10%$0-Business Checking with Interest

New Haven Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.05%$500-5 Month CD Special - New Money
3.80%$500-10 Month CD Special - New Money
3.55%$1k-15 Month CD Special - New Money
0.30%$500-3 Year CD
0.30%$500-4 Year CD
0.30%$500-5 Year CD
0.20%$500-2 Year CD
0.15%$500-1 Year CD
0.15%$500-18 Month CD
0.10%$500-3 Month CD
0.10%$500-6 Month CD
0.10%$500-9 Month CD

New Haven Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.05%$500-5 Month IRA Special - New Money
3.80%$500-10 Month IRA Special - New Money
3.55%$500-15 Month IRA Special - New Money
0.30%$500-3 Year IRA
0.30%$500-4 Year IRA
0.30%$500-5 Year IRA
0.20%$500-2 Year IRA
0.15%$500-1 Year IRA
0.15%$500-18 Month IRA
0.10%$500-3 Month IRA
0.10%$500-6 Month IRA
0.10%$500-9 Month IRA
Locations


New Haven Bank Locations
Start Community Bank299 Whalley AveNew Haven, CT 06511

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