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FinObservatory

County banking markets / CT / 09140

Naugatuck ValleyConnecticut

FIPS 09140. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 20232025. One of 9 counties in Connecticut’s 2025 survey.

107
Branch offices
June 30, 2025
16
Institutions
16 in 2023
1,051
Branch-count HHI
unconcentrated (2010 HMG)
1,255
Deposit HHI
see the caveat below

Concentration, 20232025

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 2025 this market is unconcentrated on branches (1,051) and unconcentrated on deposits (1,255).

Branch-count HHIDeposit HHI
01,0002,0003,0001,800 (Fed screen)20232025

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

109 branch offices and 16 institutions in 2023; 107 and 16 in 2025. Deposits booked in the county went from $11.73B to $12.58B, nominal.

Branch officesInstitutions
05010015020232025

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 2023-2025. Methodology

Who holds the deposits, 2025

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
1Webster Bank, National Association cert 18221$3.05B24.26%2018.69%
2Wells Fargo Bank, National Association cert 3511$1.43B11.36%109.35%
3Bank of America, National Association cert 3510$1.33B10.56%65.61%
4Ion Bank cert 18198$1.31B10.37%1514.02%
5TD Bank, National Association cert 18409$1.30B10.29%109.35%
6Thomaston Savings Bank cert 18258$1.29B10.25%1211.21%
7Manufacturers and Traders Trust Company cert 588$1.03B8.20%109.35%
8Liberty Bank cert 17943$505.5M4.02%65.61%
9Newtown Savings Bank cert 18199$415.8M3.30%65.61%
10JPMorgan Chase Bank, National Association cert 628$354.7M2.82%32.80%
11Santander Bank, N.A. cert 29950$192.7M1.53%21.87%
12Ives Bank cert 15912$142.3M1.13%32.80%
13Northwest Community Bank cert 18229$74.9M0.59%10.93%
14Union Savings Bank cert 18190$66.9M0.53%10.93%
15KeyBank National Association cert 17534$63.3M0.50%10.93%
16The Torrington Savings Bank cert 16636$32.6M0.26%10.93%

Source: FDIC Summary of Deposits June 30, 2025. 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.