Guilford Savings Bank

Guilford Savings Bank

Overview / Commentary
One Park Street
Guilford, CT 06437

From the Bank

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.


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Health Grade Components

FDIC Certificate #18194
Year Established1875
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD4%
Annual Interest Income$15.7MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$1.04B$1.01B
LoansQ2 2022vs Q2 2021$685.9MM$677.3MM
DepositsQ2 2022vs Q2 2021$912.5MM$859.3MM
Equity CapitalQ2 2022vs Q2 2021$106.6MM$112.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$7.6MM$7.8MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$773.00K$4.2MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0

Rates for Guilford Savings Bank are currently being reviewed.


Guilford Savings Bank Locations
Old Toll Road Branch494 Old Toll RoadMadison, CT 06443
North Main Street Branch61 North Main StreetBranford, CT 06405
The Guilford Plaza Branch625 Boston Post RoadGuilford, CT 06437
Madison Branch589 Boston Post RoadMadison, CT 06443
Boston Post Road Branch840 Boston Post RoadOld Saybrook, CT 06475
The Guilford Savings Bank1 Park StGuilford, CT 06437
North Haven Branch158 Washington AvenueNorth Haven, CT 06437
Northford Branch Office1409 Middletown AvenueNorthford, CT 06472

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