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.
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18237 |
| Year Established | 1873 |
| Employees | 70 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 3.93% |
| Annual Interest Income | $12.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $283.8MM$278.7MM |
| Loans | Q4 2018vs Q4 2017 | $220.8MM$209.4MM |
| Deposits | Q4 2018vs Q4 2017 | $218.5MM$218.4MM |
| Equity Capital | Q4 2018vs Q4 2017 | $46.9MM$45.6MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.9MM$2.0MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $3.0MM$4.0MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $228.00K$67.00K |
Rates for Jewett City Savings Bank are currently being reviewed.
| Jewett City Savings Bank Locations | ||
|---|---|---|
| Jewett City Savings Bank | 111 Main Street | Jewett City, CT 06351 |
| Savings Bank Mall Branch | 48 Norwich Road | Plainfield, CT 06374 |
| Preston Branch | 353 Route 165 | Preston, CT 06365 |
| Brooklyn Branch | 488 Providence Road | Brooklyn, CT 06234 |
| Dayville Branch | 560 Hartford Pike | Dayville, CT 06241 |