Milford Bank

Overview / Commentary
33 Broad Street
Milford, CT 06460

Milford Bank is headquartered in Milford and is the 23rd largest bank in the state of Connecticut. It is also the 1,581st largest bank in the nation. It was established in 1872 and as of June of 2019, it had grown to 86 employees at 8 locations. Milford Bank has an A health rating.

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Milford Bank's (CT) New Kasasa Cash Earns 3.00% APY Up To $15k - 5/27/2019

Milford Bank 's(CT) new Kasasa Cash earning 3.00% APY on qualifying balances up to $15k. Kasasa Saver earns 1.50% APY up to $100k and 2.00% APY on balances of $100k+.


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Health Grade Components

FDIC Certificate #16101
Year Established1872
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.3%
Return on Equity - YTD2.9%
Annual Interest Income$8.6MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$449.9MM$436.7MM
LoansQ2 2019vs Q2 2018$379.2MM$371.7MM
DepositsQ2 2019vs Q2 2018$354.2MM$351.7MM
Equity CapitalQ2 2019vs Q2 2018$46.6MM$44.2MM
Loan Loss AllowanceQ2 2019vs Q2 2018$3.1MM$3.2MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$1.5MM$1.6MM
Real Estate OwnedQ2 2019vs Q2 2018$0$0
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Always verify rates and promotions with the bank or credit union. We are not Milford 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.

Milford Bank Savings Account Rates

2.00%*$100k*-Kasasa Saver
OTHER TIERS: 1.50% Up to $100k
0.15%$5-Passbook Centsible Kids Account
0.15%$5-Passbook Club Account
0.15%*$100k*-Passbook Savings
OTHER TIERS: 0.01% $5 - $5k | 0.05% $5k - $50k | 0.10% $50k - $100k
0.15%*$100k*-Statement Savings
OTHER TIERS: 0.01% $5 - $5k | 0.05% $5k - $50k | 0.10% $50k - $100k

Milford Bank Money Market Rates

0.25%*$250k*-Sound Money Market Fund
OTHER TIERS: 0.05% $5 - $10k | 0.10% $10k - $50k | 0.15% $50k - $100k | 0.20% $100k - $250k

Milford Bank Checking Account Rates

3.00%*-$15kKasasa Cash
OTHER TIERS: 0.25% $15k+
0.05%$5-Prestige Checking
0.02%$5-Select Checking

Milford Bank CD Rates

1.00%$1k-5 Year CD
0.90%$1k-4 Year CD
0.80%$1k-3 Year CD
0.60%$1k-2 Year CD
0.50%$1k-30 Month CD (Prestige Only)
0.40%$1k-18 Month CD
0.25%$1k-1 Year CD
0.15%$1k-91 Day CD
0.15%$1k-6 Month CD

Milford Bank IRA Rates

0.40%$25-1 year+ Floating Rate IRA

Milford Bank Locations
Boston Post Road Branch1455 Boston Post RoadMilford, CT 06460
Devon Branch205 Bridgeport AvenueMilford, CT 06460
Woodmont Branch259 Merwin AvenueMilford, CT 06460
295 Boston Post Road Branch295 Boston Post RoadMilford, CT 06460
The Milford Bank33 Broad StreetMilford, CT 06460
Main Street Stratford Branch3651 Main StreetStratford, CT 06614

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