Stafford Savings Bank

Overview / Commentary

www.staffordsavingsbank.com

860-684-4261

2 Furnace Avenue
Stafford Springs, CT 06076

Stafford Savings Bank is headquartered in Stafford Springs and is the 29^th largest bank in the state of Connecticut. It is also the 2,230^th largest bank in the nation. It was established in 1872 and as of June of 2019, it had grown to 30 employees at 3 locations. Stafford Savings Bank's CD rates are 40% higher than the national average, and it has an A health rating.

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Health

Data as of Q2 2019

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Health Grade Components

Overall
FDIC Certificate #	18227
Year Established	1872
Employees	30
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	8.3%
Return on Equity - YTD	20.68%
Annual Interest Income	$4.1MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$295.5MM$286.5MM
Loans	Q2 2019vs Q2 2018	$64.7MM$65.7MM
Deposits	Q2 2019vs Q2 2018	$152.5MM$158.3MM
Equity Capital	Q2 2019vs Q2 2018	$121.2MM$109.4MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$1.3MM$1.3MM
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$488.00K$810.00K
Real Estate Owned	Q2 2019vs Q2 2018	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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

Stafford Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%^*	$5	$3k	Vacation Club Special
OTHER TIERS: 0.10% → $6k+ \| 1.49% → $3k - $6k
3.00%^*	$5	$3k	Christmas Club Special
OTHER TIERS: 0.10% → $6k+ \| 1.49% → $3k - $6k
0.11%	$5	-	Statement Savings
0.10%	$5	-	Christmas Club
0.10%	$5	-	Tax Club
0.10%	$5	-	Vacation Club

Stafford Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.28%^*	$100k^*	-	Premium Account
OTHER TIERS: 0.23% → $10k - $100k
0.12%	$1k	-	Money Market Account
0.12%^*	$1k^*	-	Money Market Checking
OTHER TIERS: 0.08% → $100 - $1k

Stafford Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$100	-	Now Checking

Stafford Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.77%	$500	-	5 Year CD
1.62%	$500	-	4 Year CD
1.51%	$500	-	3 Year CD
1.41%	$500	-	2 Year CD
1.41%	$500	-	2 1/2 Year CD
1.31%	$500	-	1 1/2 Year CD
1.26%	$500	-	1 Year CD
1.01%	$1k	-	6 Month CD
0.65%	$1k	-	91 Day CD

Stafford Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.77%	$500	-	5 Year IRA
1.62%	$500	-	4 Year IRA
1.51%	$500	-	3 Year IRA
1.41%	$500	-	2 Year IRA
1.41%	$500	-	2 1/2 Year IRA
1.31%	$500	-	1 1/2 Year IRA
1.26%	$500	-	1 Year IRA

Locations

Stafford Savings Bank Locations
Stafford Savings Bank	2 Furnace Avenue	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

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