Patriot Bank (CT) is headquartered in STAMFORD and is the 17th largest bank in the state of Connecticut. It is also the 1,088th largest bank in the nation. It was established in 1994 and as of March of 2025, it had grown to 125 employees at 8 locations. Patriot Bank (CT)'s money market rates are 7X the national average, but it has a C health rating.
The way they calculate their APY and their APR is non standard. They advertise their APY, but then pay an APR that is lower than what other banks would pay if they had the same APY. Most, if not all banks, do not use this kind of calculation. PATRIOT is doing false advertising in my opinion, and I am sticking to my opinion. It may be within the limits of the law, but it is non-standard regardless, by every others bank's adopted standards. In the end, you are being misled. Check the APR before you sign up for an account. Is it what you expected it to be? The answer is simply "NO". It is lower. Don't fall for such old cheap tricks. Very annoying and a huge waste of valuable time.
Overall | |
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FDIC Certificate # | 33928 |
Year Established | 1994 |
Employees | 125 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | -0.75% |
Return on Equity - YTD | -13.03% |
Annual Interest Income | $12.5MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $956.6MM$1.07B |
Loans | Q1 2025vs Q1 2024 | $688.3MM$810.7MM |
Deposits | Q1 2025vs Q1 2024 | $872MM$862.7MM |
Equity Capital | Q1 2025vs Q1 2024 | $78.4MM$73.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $6.7MM$13.8MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $21.3MM$19.6MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $2.6MM$2.8MM |
Always verify rates and promotions with the bank or credit union. We are not Patriot Bank (CT); 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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1.00%* | $100k* | - | Star Banking | ||
OTHER TIERS: 0.01% → $0 - $100k | |||||
0.00% | $50k | - | The One Account |
Patriot Bank (CT) Locations | ||
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Greenwich Branch | 100 Mason Street | Greenwich, CT 06830 |
Norwalk Branch | 16 River Street | Norwalk, CT 06852 |
Fairfield Branch | 1755 Black Rock Turnpike | Fairfield, CT 06825 |
Westport Branch | 415 Post Road East | Westport, CT 06880 |
Scarsdale Branch | 495 Central Park Avenue | Scarsdale, NY 10583 |
Milford Branch | 771 Boston Post Road | Milford, CT 06460 |
Darien Branch | 233 Post Road | Darien, CT 06820 |
Stamford Branch | 999 Bedford Street | Stamford, CT 06905 |
Orange Branch | 7 Old Tavern Road | Orange, CT 06477 |