Jewett City Savings Bank

Overview / Commentary
111 Main Street
Jewett City, CT 06351

Jewett City Savings Bank is headquartered in JEWETT CITY and is the 25th largest bank in the state of Connecticut. It is also the 2,074th largest bank in the nation. It was established in 1873 and as of March of 2023, it had grown to 84 employees at 7 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 Grade Components

FDIC Certificate #18237
Year Established1873
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1%
Return on Equity - YTD7.25%
Annual Interest Income$4.4MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$389.9MM$401.9MM
LoansQ1 2023vs Q1 2022$310.8MM$290.8MM
DepositsQ1 2023vs Q1 2022$323.2MM$335.4MM
Equity CapitalQ1 2023vs Q1 2022$55.9MM$52.8MM
Loan Loss AllowanceQ1 2023vs Q1 2022$2.3MM$3.3MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$1.8MM$3.6MM
Real Estate OwnedQ1 2023vs Q1 2022$0$734.00K

Rates for Jewett City Savings Bank are currently being reviewed.


Jewett City Savings Bank Locations
Jewett City Savings Bank111 Main StJewett 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
Stonington Office Of Jewett City Sav46 West Broad StreetStonington, CT 06378
Putnam Office Of Jewett City Savings223a Kennedy Drive, Unit 21Putnam, CT 06260

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