Salisbury Bank is headquartered in Lakeville and is the 12th largest bank in the state of Connecticut. It is also the 725th largest bank in the nation. It was established in 1874 and as of September of 2020, it had grown to 170 employees at 14 locations. Salisbury Bank has an A+ health rating.
Love this bank! And to the above poster, there are 8 branches: Salisbury CT, Sharon CT, Lakeville CT, Canaan CT, Egremont MA, Sheffield MA, Dover Plains NY, Millerton NY.
I have had about 8 years worth of experience with Salisbury bank, all of which has been positive. Their employees are very helpful and are always extremely nice. They have never bugged me about new promotions or offers as many banks do. The only problem I have with this bank is that there are only 3 branches which can be inconvenient.
Overall | |
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FDIC Certificate # | 18467 |
Year Established | 1874 |
Employees | 170 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.08% |
Return on Equity - YTD | 10.43% |
Annual Interest Income | $32.7MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $1.29B$1.14B |
Loans | Q3 2020vs Q3 2019 | $1.03B$915.6MM |
Deposits | Q3 2020vs Q3 2019 | $1.10B$968.7MM |
Equity Capital | Q3 2020vs Q3 2019 | $129.8MM$118.9MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $13.0MM$8.8MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $4.5MM$5.2MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$317.00K |
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* 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 |
---|---|---|---|---|
1.50% | - | $25k | Interest Plus Checking | |
0.03% | - | - | Relationship Checking | |
0.03% | - | - | Checking with Interest | |
0.03% | - | - | Business Checking with Interest |