Milford Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.85%	5-year CD	5 Year CD 2.80% - Barclays 60 Month Online CD
0.15%	1-year CD	1 Year CD 2.20% - Barclays 12 Month Online CD
0.15%	Savings	Statement Savings 1.65% - Synchrony Bank High Yield Savings

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 1,597^th largest bank in the nation. It was established in 1872 and as of December of 2017, it had grown to 86 employees at 8 locations. Milford Bank has a B+ health rating.

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Health

B+

Data as of Q4 2017

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Health Grade Components

Overall
FDIC Certificate #	16101
Year Established	1872
Employees	86
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	-0.12%
Return on Equity - YTD	-1.13%
Annual Interest Income	$15.1MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$441.7MM$419.4MM
Loans	Q4 2017vs Q4 2016	$372.3MM$347.1MM
Deposits	Q4 2017vs Q4 2016	$350.2MM$353.8MM
Equity Capital	Q4 2017vs Q4 2016	$43.7MM$43.8MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$3.4MM$3.3MM
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$1.6MM$1.4MM
Real Estate Owned	Q4 2017vs Q4 2016	$0$870.00K

Rates

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Money Market
Checking
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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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