Stafford Savings Bank is headquartered in STAFFORD SPRINGS and is the 25th largest bank in the state of Connecticut. It is also the 2,072nd largest bank in the nation. It was established in 1872 and as of June of 2023, it had grown to 28 employees at 3 locations. Stafford Savings Bank's CD rates are 4X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 18227 |
Year Established | 1872 |
Employees | 28 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 5.02% |
Return on Equity - YTD | 12.05% |
Annual Interest Income | $5.7MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $388.8MM$385.2MM |
Loans | Q2 2023vs Q2 2022 | $65.5MM$65.8MM |
Deposits | Q2 2023vs Q2 2022 | $188.1MM$201.1MM |
Equity Capital | Q2 2023vs Q2 2022 | $167.5MM$146.2MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $1.2MM$1.3MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $156.00K$165.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
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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 |
---|---|---|---|---|
0.11% | $5 | - | Statement Savings | |
0.10% | $5 | - | Christmas Club | |
0.10% | $5 | - | Tax Club | |
0.10% | $5 | - | Vacation Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.25%* | $100k* | - | Premium Account | ||
OTHER TIERS: 0.20% → $10k - $100k | |||||
0.12% | $1k | - | Money Market Account | ||
0.12%* | $1k* | - | Money Market Checking | ||
OTHER TIERS: 0.08% → $100 - $1k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $100 | - | Now Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.57% | $500 | - | 1 Year IRA | |
2.54% | $500 | - | 2 1/2 Year IRA | |
2.54% | $500 | - | 3 Year IRA | |
2.54% | $500 | - | 4 Year IRA | |
2.54% | $500 | - | 5 Year IRA | |
2.53% | $500 | - | 1 1/2 Year IRA | |
2.53% | $500 | - | 2 Year IRA |
Stafford Savings Bank Locations | ||
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Stafford Savings Bank | 2 Furnace Ave | Stafford Springs, CT 06076 |
Brookside Professional Center Branch | 74 West Stafford Road | Stafford Springs, CT 06076 |
Plaza Branch | 85 West Stafford Road | Stafford Springs, CT 06076 |