Union Savings Bank (CT)


Overview / Commentary
203-830-4200
226 Main Street
Danbury, CT 06810

Union Savings Bank (CT) is headquartered in DANBURY and is the 4th largest bank in the state of Connecticut. It is also the 394th largest bank in the nation. It was established in 1866 and as of June of 2024, it had grown to 362 employees at 26 locations. Union Savings Bank (CT)'s savings rates are 44% higher than the national average, and it has a B+ health rating.

Reviews (1)

Union Savings Bank

Posted by: |

I have a business account there. Just recently I deposited a check of $630, then noticed that it didn't register in my account, it didn't show any deposits. I tried to solve that mystery where did the check go. I remembered depositing it via ATM at the branch but didn't take the receipt (COVID times habit). So, that's what I found out: their ATM, did not recognize my ATM card because I didn't use it for a month or two and totally unlinked from my account from the card. I had to wait 10 days or so for them to to audit it. Then they found the checks and told me they will deposit it to my account in 10 days and they did. However, surprise surprise..just checked my account there is a note: "undisclosed" and the money ($630) are taken away again....nobody said a work why or tried to call me and did not respond to my inquiries...they are just crooks..YOUR MONEY WILL DISAPPEAR FROM THAT BANK! HOW THIS IS EVEN POSSIBLE? ANYONE HAD THE SAME EXPERIENCE WITH CT UNION SAVINGS BANK?



Health
B+

Health Grade Components

Overall
FDIC Certificate #18190
Year Established1866
Employees362
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.41%
Return on Equity - YTD4.87%
Annual Interest Income$61.7MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$3.05B$3.02B
LoansQ2 2024vs Q2 2023$1.97B$1.8B
DepositsQ2 2024vs Q2 2023$2.27B$2.19B
Equity CapitalQ2 2024vs Q2 2023$255.6MM$230.3MM
Loan Loss AllowanceQ2 2024vs Q2 2023$22.2MM$23.4MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$14.5MM$10.6MM
Real Estate OwnedQ2 2024vs Q2 2023$171K$92K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Union Savings Bank (CT); 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.

Union Savings Bank (CT) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$250k*-Access Savings
OTHER TIERS: 0.03% $0 - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k | 0.40% $100k - $250k
0.15%*$5k*-Young Savers
OTHER TIERS: 0.10% $0 - $5k
0.05%*$25k*-Health Savings
OTHER TIERS: 0.03% $0 - $25k
0.03%$0-Holiday Club
0.03%$0-Vacation Club
0.03%$0-Essential Savings

Union Savings Bank (CT) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.07%*$100k*-Money Market Savings
OTHER TIERS: 0.03% $0 - $50k | 0.05% $50k - $100k

Union Savings Bank (CT) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.08%*$100k*-Access Checking
OTHER TIERS: 0.03% $0 - $25k | 0.04% $25k - $50k | 0.06% $50k - $100k

Union Savings Bank (CT) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$1k-60 Month CD
0.55%$1k-48 Month CD
0.50%$1k-36 Month CD
0.40%$1k-24 Month CD
0.35%$1k-18 Month CD
0.25%$1k-12 Month CD
0.20%$1k-6 Month CD
0.17%$1k-9 Month CD
0.10%$1k-91 Day CD

Union Savings Bank (CT) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$1k-60 Month IRA
0.55%$1k-48 Month IRA
0.45%$1k-36 Month IRA
0.40%$1k-24 Month IRA
0.35%$1k-18 Month IRA
0.25%$1k-12 Month IRA
0.20%$1k-6 Month IRA
0.17%$1k-9 Month IRA
0.10%$1k-91 Day IRA
Locations

Availability



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