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FinObservatory

County banking markets / CT / 09190

Western ConnecticutConnecticut

FIPS 09190. 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.

213
Branch offices
June 30, 2025
25
Institutions
24 in 2023
687
Branch-count HHI
unconcentrated (2010 HMG)
2,427
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 (687) and moderately concentrated on deposits (2,427).

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

184 branch offices and 24 institutions in 2023; 213 and 25 in 2025. Deposits booked in the county went from $30.40B to $62.58B, nominal.

Branch officesInstitutions
010020030020232025

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$29.10B46.49%136.10%
2Bank of America, National Association cert 3510$5.49B8.78%209.39%
3JPMorgan Chase Bank, National Association cert 628$5.06B8.09%2612.21%
4Wells Fargo Bank, National Association cert 3511$3.67B5.86%167.51%
5Citibank, National Association cert 7213$3.30B5.28%104.69%
6Manufacturers and Traders Trust Company cert 588$2.61B4.18%2210.33%
7Bankwell Bank cert 57368$2.19B3.50%62.82%
8Union Savings Bank cert 18190$1.77B2.82%157.04%
9First County Bank cert 18204$1.63B2.60%125.63%
10Fairfield County Bank cert 18213$1.15B1.84%146.57%
11Ives Bank cert 15912$1.13B1.81%136.10%
12TD Bank, National Association cert 18409$1.07B1.70%73.29%
13Newtown Savings Bank cert 18199$796.9M1.27%94.23%
14Fieldpoint Private Bank & Trust cert 58741$733.9M1.17%10.47%
15Patriot Bank, National Association cert 33928$707.8M1.13%52.35%
16DR Bank cert 58257$597.4M0.95%20.94%
17The First Bank of Greenwich cert 58307$579.2M0.93%20.94%
18The Northern Trust Company cert 913$384.0M0.61%10.47%
19Connecticut Community Bank, National Association cert 34876$281.2M0.45%83.76%
20KeyBank National Association cert 17534$159.2M0.25%52.35%
21Citizens Bank, National Association cert 57957$128.0M0.20%20.94%
22Flagstar Bank, National Association cert 32541$42.9M0.07%10.47%
23Capital One, National Association cert 4297$2.1M0.00%10.47%
24Wilmington Trust, National Association cert 34069$0K0.00%10.47%
25BNY Mellon, National Association cert 7946$0K0.00%10.47%

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.