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New Haven Bank

New Haven, CT · Est. 2010 · Website ↗
B
Trust Grade
Strong
Score: 84/100

New Haven Bank is a bank based in New Haven, Connecticut, established in 2010, with $198 million in total assets across 2 branches. By Trust Grade it ranks 25th of 28 banks we track in Connecticut. Its capital ratio of 8.0% trails most similarly sized banks (16th percentile), versus a Connecticut median of 10.2%. It was profitable over the most recent period, with a 0.12% return on assets. No consumer complaints against New Haven Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$198.2M
$100M–1B institution
Deposits
$153.5M
Branches
2
Capital ratio
8.0%
Bottom 16% of $100M–1B peers · Connecticut median 10.2%
Return on assets
0.1%
Bottom 5% of $100M–1B peers · Connecticut median 0.75%
Rank in Connecticut
#25
of 28 banks

How New Haven Bank compares to Connecticut peers

Capital ratio
Bottom 16% of $100M–1B peers
New Haven
8.0%
Connecticut median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 5% of $100M–1B peers
New Haven
0.1%
Connecticut median
0.8%
Higher ROA = more profitable relative to asset base

How we graded New Haven Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
84/100
Customer experience
n/a
Overall
B · 84
  • Well-capitalized (8.0% capital ratio)
  • Profitable (ROA 0.12%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for New Haven Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (2)

  • 299 Whalley Ave, New Haven, CT 06511
  • 636 Campbell Ave, West Haven, CT 06516

Are deposits at New Haven Bank insured?

Yes. New Haven Bank is an FDIC-insured bank (FDIC certificate #58952). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

New Haven Bank: frequently asked questions

Is New Haven Bank a good bank?

New Haven Bank earns a Bankzia Trust Grade of B (84/100, "Strong"), based on a financial-strength score of 84/100 (it has no CFPB complaints on record). Well-capitalized (8.0% capital ratio); Profitable (ROA 0.12%).

Is New Haven Bank FDIC-insured?

Yes. New Haven Bank is a FDIC-insured bank (FDIC certificate #58952). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is New Haven Bank?

New Haven Bank holds $198 million in total assets, ranking 25th of 28 banks we track in Connecticut. It operates 2 branches.

Does New Haven Bank have CFPB complaints?

No CFPB complaints against New Haven Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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