New Haven Bank

Overview / Commentary
299 Whalley Avenue
New Haven, CT 06510

New Haven Bank is headquartered in New Haven and is the 32nd largest bank in the state of Connecticut. It is also the 3,445th largest bank in the nation. It was established in 2010 and as of December of 2020, it had grown to 18 employees at 1 location. New Haven Bank has an A+ health rating.

Reviews (1)

Very Helpful Staff, Good Service.

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We opened a CD when this community bank first opened and we saw the post in the rates blog.  It was a Connecticut drama when a northeast regional bank took over banking in the New Haven area, and this bank was a way to keep a local bank serving the community.  We visited a branch, the staff were all very helpful and it was easy to open accounts.  Since we don't live nearby, we have since been able to deal with them by phone, mail or through bank networks.  It is a small bank, so may not yet have some electronic services, but your money will not be in a big bank with no standards.  It will help serve a small community bank that works in its neighborhood.  After two years, we're still satisfied with this bank.


Health Grade Components

FDIC Certificate #58952
Year Established2010
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.22%
Return on Equity - YTD11.12%
Annual Interest Income$6.2MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$156.4MM$147.1MM
LoansQ4 2020vs Q4 2019$130.1MM$125.8MM
DepositsQ4 2020vs Q4 2019$120.7MM$114.7MM
Equity CapitalQ4 2020vs Q4 2019$18.2MM$16.4MM
Loan Loss AllowanceQ4 2020vs Q4 2019$1.8MM$1.5MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$0$21.00K
Real Estate OwnedQ4 2020vs Q4 2019$0$182.00K
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Always verify rates and promotions with the bank or credit union. We are not New Haven 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.

New Haven Bank Savings Account Rates

0.10%--Business NHB Savings Account
0.10%--NHB Savings

New Haven Bank Money Market Rates

0.25%*$100k*-NHB Money Market Account
OTHER TIERS: 0.15% $1k - $10k | 0.20% $10k - $100k
0.25%*$100k*-Business Money Market Account
OTHER TIERS: 0.15% $1k - $10k | 0.20% $10k - $100k

New Haven Bank Checking Account Rates

1.00%$1k-IOLTA – Interest on Lawyers Trust Account
0.10%--Business Checking with Interest

New Haven Bank CD Rates

0.60%$500-4 Year CD
0.60%$500-5 Year CD
0.50%$500-3 Year CD
0.30%$500-2 Year CD
0.25%$500-1 Year CD
0.25%$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

0.60%$500-4 Year IRA
0.60%$500-5 Year IRA
0.50%$500-3 Year IRA
0.30%$500-2 Year IRA
0.25%$500-1 Year IRA
0.25%$500-18 Month IRA
0.10%$500-3 Month IRA
0.10%$500-6 Month IRA
0.10%$500-9 Month IRA

New Haven Bank Locations
Start Community Bank299 Whalley AvenueNew Haven, CT 06510

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