Jewett City Savings Bank


Overview / Commentary
860-376-4444
111 Main Street
Jewett City, CT 06351

Jewett City Savings Bank is headquartered in Jewett City and is the 30th largest bank in the state of Connecticut. It is also the 2,278th largest bank in the nation. It was established in 1873 and as of December of 2018, it had grown to 70 employees at 5 locations. Jewett City Savings Bank has an A health rating.

Reviews (1)

Jewett City Savings Bank

I use several larger banks but decided that I wanted something more local to get the personal feel. I decided that Jewett City would be a good place to go and I have not been disappointed. They may not have the best rates for savings and checking but they more than make up for it with customer service. Every time I walk into the bank I am also greeted with a smile. The best part is how hard they work to answer my questions. They may not be able to give me the answer I want to hear but they are honest which I want. Not to say that the bigger banks have decent customer service but I feel the smaller banks work more for there customers because they have a limited number of people to service.



Health

Health Grade Components

Overall
FDIC Certificate #18237
Year Established1873
Employees70
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD3.93%
Annual Interest Income$12.0MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$283.8MM$278.7MM
LoansQ4 2018vs Q4 2017$220.8MM$209.4MM
DepositsQ4 2018vs Q4 2017$218.5MM$218.4MM
Equity CapitalQ4 2018vs Q4 2017$46.9MM$45.6MM
Loan Loss AllowanceQ4 2018vs Q4 2017$1.9MM$2.0MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$3.0MM$4.0MM
Real Estate OwnedQ4 2018vs Q4 2017$228.00K$67.00K
Rates

Rates for Jewett City Savings Bank are currently being reviewed.

Locations


Jewett City Savings Bank Locations
Jewett City Savings Bank111 Main StreetJewett City, CT 06351
Savings Bank Mall Branch48 Norwich RoadPlainfield, CT 06374
Preston Branch353 Route 165Preston, CT 06365
Brooklyn Branch488 Providence RoadBrooklyn, CT 06234
Dayville Branch560 Hartford PikeDayville, CT 06241

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