Founded in 1875 by 17 local business owners, we have proudly stood as a trusted institution. Starting with a $17,000 investment and one branch, GSB has grown to a six-office, $700 million bank.
Time has passed, but our commitment to the community remains equally strong. The first item on our strategic plan is to always remain a mutual savings bank. We have no stockholders. That means it's in our best interest that you succeed. You thrive, we thrive. This customer focus sets us apart from other financial institutions.
| Overall | |
|---|---|
| FDIC Certificate # | 18194 |
| Year Established | 1875 |
| Employees | 130 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.43% |
| Return on Equity - YTD | 4% |
| Annual Interest Income | $15.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $1.04B$1.01B |
| Loans | Q2 2022vs Q2 2021 | $685.9MM$677.3MM |
| Deposits | Q2 2022vs Q2 2021 | $912.5MM$859.3MM |
| Equity Capital | Q2 2022vs Q2 2021 | $106.6MM$112.4MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $7.6MM$7.8MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $773.00K$4.2MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
Rates for Guilford Savings Bank are currently being reviewed.
| Guilford Savings Bank Locations | ||
|---|---|---|
| Old Toll Road Branch | 494 Old Toll Road | Madison, CT 06443 |
| North Main Street Branch | 61 North Main Street | Branford, CT 06405 |
| The Guilford Plaza Branch | 625 Boston Post Road | Guilford, CT 06437 |
| Madison Branch | 589 Boston Post Road | Madison, CT 06443 |
| Boston Post Road Branch | 840 Boston Post Road | Old Saybrook, CT 06475 |
| The Guilford Savings Bank | 1 Park St | Guilford, CT 06437 |
| North Haven Branch | 158 Washington Avenue | North Haven, CT 06437 |
| Northford Branch Office | 1409 Middletown Avenue | Northford, CT 06472 |