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.
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?
Overall | |
---|---|
FDIC Certificate # | 18190 |
Year Established | 1866 |
Employees | 362 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.41% |
Return on Equity - YTD | 4.87% |
Annual Interest Income | $61.7MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2024vs Q2 2023 | $3.05B$3.02B |
Loans | Q2 2024vs Q2 2023 | $1.97B$1.8B |
Deposits | Q2 2024vs Q2 2023 | $2.27B$2.19B |
Equity Capital | Q2 2024vs Q2 2023 | $255.6MM$230.3MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $22.2MM$23.4MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $14.5MM$10.6MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $171K$92K |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.07%* | $100k* | - | Money Market Savings | ||
OTHER TIERS: 0.03% → $0 - $50k | 0.05% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.08%* | $100k* | - | Access Checking | ||
OTHER TIERS: 0.03% → $0 - $25k | 0.04% → $25k - $50k | 0.06% → $50k - $100k |