BranchWatch

Banks in Connecticut

Deposit market share, branch network and structure changes for Connecticut, from official FDIC data.

Active branches
932
Deposits (2026)
$181.6B
Closings on record
274
Openings on record
73

Largest retail branch networks in Connecticut (2026)

BankDepositsShareYoYBranches
Bank of America$41.9B23.1%+2.8%82
M&T Bank$19.0B10.5%-3.0%109
Chase Bank$8.9B4.9%+3.8%64
Wells Fargo$8.9B4.9%+9.6%47
TD Bank$8.8B4.8%-1.2%50
Liberty Bank$7.0B3.9%+4.8%50
KeyBank$5.3B2.9%+0.8%47
Citizens Bank$3.8B2.1%-1.8%30
Bankwell Bank$3.0B1.6%+7.3%10
Union Savings Bank$2.5B1.4%+6.5%26
Citibank$2.5B1.4%-32.6%12
First County Bank$1.9B1.1%+9.4%14
Ion Bank$1.8B1%+1.6%23
Santander Bank$1.7B1%-8.0%108
Thomaston Savings Bank$1.7B0.9%+4.1%16
Newtown Savings Bank$1.6B0.9%+5.5%19
Fairfield County Bank$1.5B0.8%+2.8%17
Ives Bank$1.4B0.8%+7.5%16
Beacon Bank and Trust$1.4B0.7%—18
Ascend Bank$1.3B0.7%+26.1%13
Chelsea Groton Bank$1.2B0.7%+0.8%14
Patriot Bank$1.2B0.7%+47.1%7
Northwest Community Bank$1.1B0.6%+4.2%15
Dime Bank$874M0.5%+3.4%13

Includes institutions reporting at least five active branches in Connecticut. Deposit share is calculated against all deposits assigned to Connecticut offices, so the shares shown do not sum to 100%.

All institutions by deposits assigned to Connecticut offices

BankDepositsShareYoYBranches
Webster Bank$42.7B23.5%+5.7%0
Bank of America$41.9B23.1%+2.8%82
M&T Bank$19.0B10.5%-3.0%109
Chase Bank$8.9B4.9%+3.8%64
Wells Fargo$8.9B4.9%+9.6%47
TD Bank$8.8B4.8%-1.2%50
Liberty Bank$7.0B3.9%+4.8%50
KeyBank$5.3B2.9%+0.8%47
Citizens Bank$3.8B2.1%-1.8%30
Bankwell Bank$3.0B1.6%+7.3%10
Union Savings Bank$2.5B1.4%+6.5%26
Citibank$2.5B1.4%-32.6%12
First County Bank$1.9B1.1%+9.4%14
Ion Bank$1.8B1%+1.6%23
Santander Bank$1.7B1%-8.0%108
Thomaston Savings Bank$1.7B0.9%+4.1%16
Newtown Savings Bank$1.6B0.9%+5.5%19
Fairfield County Bank$1.5B0.8%+2.8%17
Ives Bank$1.4B0.8%+7.5%16
Beacon Bank and Trust$1.4B0.7%—18
Ascend Bank$1.3B0.7%+26.1%13
Chelsea Groton Bank$1.2B0.7%+0.8%14
Patriot Bank$1.2B0.7%+47.1%7
Northwest Community Bank$1.1B0.6%+4.2%15
Dime Bank$874M0.5%+3.4%13

Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.

Closings (most recent 200 of 274)

Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.