Milford Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.85%	5-year CD	5 Year CD 3.00% - Goldman Sachs Bank USA High-yield 5 Year CD
0.15%	1-year CD	1 Year CD 2.45% - Goldman Sachs Bank USA High-yield 12 Month CD
0.15%	Savings	Statement Savings 1.75% - American Express National Bank High Yield Savings Account

View all Milford Bank rates »

Overview / Commentary

www.milfordbank.com

203-783-5700

33 Broad Street
Milford, CT 06460

Milford Bank is headquartered in Milford and is the 27^th largest bank in the state of Connecticut. It is also the 1,586^th largest bank in the nation. It was established in 1872 and as of March of 2018, it had grown to 84 employees at 8 locations. Milford Bank has a B+ health rating.

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Health

B+

Data as of Q1 2018

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Health Grade Components

Overall
FDIC Certificate #	16101
Year Established	1872
Employees	84
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.35%
Return on Equity - YTD	3.51%
Annual Interest Income	$3.9MM

Assets and Liabilities
Assets	Q1 2018vs Q1 2017	$441.8MM$428.3MM
Loans	Q1 2018vs Q1 2017	$372.4MM$354.6MM
Deposits	Q1 2018vs Q1 2017	$346.0MM$355.6MM
Equity Capital	Q1 2018vs Q1 2017	$43.9MM$44.0MM
Loan Loss Allowance	Q1 2018vs Q1 2017	$3.3MM$3.3MM
Unbacked Noncurrent Loans	Q1 2018vs Q1 2017	$1.8MM$1.4MM
Real Estate Owned	Q1 2018vs Q1 2017	$0$715.00K

Rates

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Money Market
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Milford Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	-	-	Passbook Centsible Kids Account
0.15%	-	-	Passbook Club Account
0.15%^*	$100k^*	-	Passbook Savings
OTHER TIERS: 0.01% → Up to $5k \| 0.05% → $5k - $50k \| 0.10% → $50k - $100k
0.15%^*	$100k^*	-	Statement Savings
OTHER TIERS: 0.01% → Up to $5k \| 0.05% → $5k - $50k \| 0.10% → $50k - $100k

Milford Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$250k^*	-	Sound Money Market Fund
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $50k \| 0.15% → $50k - $100k \| 0.20% → $100k - $250k

Milford Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	-	-	IORETA
0.10%	-	-	IOLTA
0.05%	-	-	Prestige Checking
0.02%	-	-	Select Checking

Milford Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%	$1k	-	5 Year CD
0.75%	$1k	-	4 Year CD
0.55%	$1k	-	3 Year CD
0.50%	$1k	-	30 Month CD (Prestige Only)
0.25%	$1k	-	18 Month CD
0.25%	$1k	-	2 Year CD
0.15%	$1k	-	1 Year CD
0.10%	$1k	-	91 Day CD
0.10%	$1k	-	6 Month CD

Locations

Milford Bank Locations
Boston Post Road Branch	1455 Boston Post Road	Milford, CT 06460
Devon Branch	205 Bridgeport Avenue	Milford, CT 06460
Woodmont Branch	259 Merwin Avenue	Milford, CT 06460
295 Boston Post Road Branch	295 Boston Post Road	Milford, CT 06460
The Milford Bank	33 Broad Street	Milford, CT 06460
Main Street Stratford Branch	3651 Main Street	Stratford, CT 06614

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