Overview / Commentary
299 Whalley Avenue
New Haven, CT 06510

Start Community Bank is headquartered in New Haven and is the 35th largest bank in the state of Connecticut. It is also the 3,539th largest bank in the nation. It was established in 2010 and as of December of 2018, it had grown to 19 employees at 1 location. Start Community Bank's savings rates are 4X the national average, and it has an A health rating.

Related Posts

View all posts from:

Reviews (1)

Very Helpful Staff, Good Service.

Posted by: Serah | May 23, 2013

We opened a CD when this community bank first opened and we saw the post in the rates blog.  It was a Connecticut drama when a northeast regional bank took over banking in the New Haven area, and this bank was a way to keep a local bank serving the community.  We visited a branch, the staff were all very helpful and it was easy to open accounts.  Since we don't live nearby, we have since been able to deal with them by phone, mail or through bank networks.  It is a small bank, so may not yet have some electronic services, but your money will not be in a big bank with no standards.  It will help serve a small community bank that works in its neighborhood.  After two years, we're still satisfied with this bank.


Health Grade Components

FDIC Certificate #58952
Year Established2010
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD5.25%
Annual Interest Income$5.7MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$140.5MM$134.0MM
LoansQ4 2018vs Q4 2017$121.5MM$116.1MM
DepositsQ4 2018vs Q4 2017$107.3MM$99.4MM
Equity CapitalQ4 2018vs Q4 2017$14.0MM$13.3MM
Loan Loss AllowanceQ4 2018vs Q4 2017$1.5MM$1.5MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$199.00K$188.00K
Real Estate OwnedQ4 2018vs Q4 2017$379.00K$379.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Start Community Bank; 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.

Start Community Bank Savings Account Rates

2.00%$10k-Business High-Rate Savings
2.00%$10k-High-Rate Savings
0.20%--Business Savings Account
0.20%--Start Savings

Start Community Bank Money Market Rates

0.40%*$100k*-Money Market Checking Account
OTHER TIERS: 0.15% $1k - $10k | 0.20% $10k - $50k | 0.30% $50k - $100k
0.40%*$100k*-Business Money Market Account
OTHER TIERS: 0.15% $1k - $10k | 0.20% $10k - $50k | 0.30% $50k - $100k

Start Community Bank Checking Account Rates

1.00%$1k-IOLTA – Interest on Lawyers Trust Account
0.10%--Business Checking with Interest

Start Community Bank CD Rates

2.80%$500-5 Year CD
2.80%$100k-Business 5 Year Jumbo CD
2.75%$500-4 Year CD
2.75%$100k-Business 4 Year Jumbo CD
2.70%$500-3 Year CD
2.70%$100k-Business 3 Year Jumbo CD
2.65%$500-2 Year CD
2.65%$100k-Business 2 Year Jumbo CD
2.60%$500-18 Month CD
2.60%$100k-Business 18 Month Jumbo CD
2.25%$500-12 Month CD
2.25%$100k-Business 1 Year Jumbo CD
2.10%$100k-Business 40 Month Jumbo CD
1.70%$100k-Business 30 Month Jumbo CD
1.50%$100k-Business 20 Month Jumbo CD
1.25%$500-9 Month CD
1.25%$100k-Business 9 Month Jumbo CD
0.30%$100k-Business 120 Days Jumbo CD
0.25%$500-6 Month CD
0.25%$100k-Business 180 Days Jumbo CD
0.20%$500-3 Month CD
0.20%$100k-Business 90 Days Jumbo CD
0.15%$100k-Business 60 Days Jumbo CD
0.10%$100k-Business 30 Days Jumbo CD

Start Community Bank IRA Rates

2.80%$500-5 Year IRA
2.75%$500-4 Year IRA
2.70%$500-3 Year IRA
2.65%$500-2 Year IRA
2.60%$500-18 Month IRA
2.25%$500-12 Month IRA
1.25%$500-9 Month IRA
0.25%$500-6 Month IRA
0.20%$500-3 Month IRA

Start Community Bank Locations
Start Community Bank299 Whalley AvenueNew Haven, CT 06510

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.