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FinObservatory

County banking markets / CT / 09013

TollandConnecticut

FIPS 09013. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942022. Not in the 2025 survey: no SOD branch has been reported under this code since 2022. Connecticut has 9 counties in that survey; this code is not among them.

This FIPS code is retired. Connecticut county, replaced by COG planning regions. It last appears in the 2022 survey. The successor codes introduced by this change are 09110, 09120, 09130, 09140, 09150, 09160, 09170, 09180 and 09190. The retired-FIPS register flags this code as a Census geography change.

27
Branch offices
June 30, 2022
7
Institutions
15 in 1994
2,154
Branch-count HHI
moderately concentrated (2010 HMG)
2,223
Deposit HHI
see the caveat below

Concentration, 19942022

Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2022 this market is moderately concentrated on branches (2,154) and moderately concentrated on deposits (2,223).

Branch-count HHIDeposit HHI
01,0002,0003,0004,0001,800 (Fed screen)19942000201020202022

Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology

Branches and institutions

45 branch offices and 15 institutions in 1994; 27 and 7 in 2022. Deposits booked in the county went from $1.23B to $3.27B, nominal.

Branch officesInstitutions
020406019942000201020202022

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2022. Methodology

Who holds the deposits, 2022

Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.

#InstitutionDepositsDeposit shareBranchesBranch share
1Manufacturers and Traders Trust Company cert 588$1.09B33.21%933.33%
2Keybank National Association cert 17534$796.1M24.36%725.93%
3Bank of America, National Association cert 3510$646.7M19.79%27.41%
4Berkshire Bank cert 23621$249.7M7.64%311.11%
5Stafford Savings Bank cert 18227$201.1M6.15%311.11%
6Webster Bank, National Association cert 18221$159.6M4.88%27.41%
7Liberty Bank cert 17943$129.8M3.97%13.70%

Source: FDIC Summary of Deposits June 30, 2022. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology

Back to county banking markets, up to Connecticut, or read the methodology for the two HHI constructions and what they cannot tell you.