New Haven Bank

Overview / Commentary
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 3,160th largest bank in the nation. It was established in 2010 and as of June of 2023, it had grown to 20 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 - YTD0.04%
Return on Equity - YTD0.33%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$182.2MM$169.7MM
LoansQ2 2023vs Q2 2022$153.4MM$135.5MM
DepositsQ2 2023vs Q2 2022$135.2MM$132.7MM
Equity CapitalQ2 2023vs Q2 2022$20.2MM$19.8MM
Loan Loss AllowanceQ2 2023vs Q2 2022$1.9MM$1.8MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$252.00K$10.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0

Rates for New Haven Bank are currently being reviewed.


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

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