New Haven Bank is headquartered in New Haven and is the 34th largest bank in the state of Connecticut. It is also the 3,399th largest bank in the nation. It was established in 2010 and as of June of 2019, it had grown to 19 employees at 1 location. New Haven Bank's savings rates are 3X the national average, and it boasts an A+ health rating.
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Very Helpful Staff, Good Service.
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.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58952 |
| Year Established | 2010 |
| Employees | 19 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.51% |
| Return on Equity - YTD | 5.06% |
| Annual Interest Income | $3.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $146.8MM$138.5MM |
| Loans | Q2 2019vs Q2 2018 | $121.7MM$119.6MM |
| Deposits | Q2 2019vs Q2 2018 | $113.4MM$103.1MM |
| Equity Capital | Q2 2019vs Q2 2018 | $14.5MM$13.5MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.5MM$1.5MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $182.00K$182.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$379.00K |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.80% | $10k | - | Business High-Rate Savings | |
| 1.80% | $10k | - | High-Rate Savings | |
| 0.20% | - | - | Business NHB Savings Account | |
| 0.20% | - | - | NHB Savings |
New Haven Bank Money Market Rates
New Haven Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $1k | - | IOLTA – Interest on Lawyers Trust Account | |
| 0.10% | - | - | Business Checking with Interest |
New Haven Bank CD Rates
New Haven Bank IRA Rates
| New Haven Bank Locations | ||
|---|---|---|
| Start Community Bank | 299 Whalley Avenue | New Haven, CT 06510 |