$2.7 BTotal Annual Compensation & Benefits
$125,249Average Total Compensation & Benefits
35Banks Headquartered in State
Chelsea Groton Bank in Connecticut has one employee whose professionalism really packs a punch. When Tashawn Ward is not working for the bank helping his customers, he’s trying to qualify for the Olympics in boxing. He began his banking career as an intern at Chelsea Groton and finds his job fits perfectly with his boxing dreams.
Source: Estimates based on ABA 2019/2020 survey data
$4.2 BSmall Business Loans Outstanding
$11.5 BNew Home Loans Booked in 2018
34,832Number of New Home Loans in 2018
$185,000Median New Home Loan Size in 2018
$232.2 MSmall Farm Loans Outstanding
Savings Institute Bank & Trust, based in Willimantic, CO, helped one customer realize a very big dream of expanding his fitness center by delivering a commercial loan tailored specifically to his needs.
Source: Estimates based on ABA 2019/2020 survey data, HMDA
3.8 MTotal Customers
646 KSmall Business
9.1 KSmall Farm
59Banks Operating Branches
1,129Branches & Offices
Source: Estimates based on ABA 2019/2020 survey data, FDIC branch deposit data
228.2 KVolunteer hours
$63.1 MCommunity Donations
The Torrington Bank Savings Foundation acted swiftly to respond to the immediate needs of those being directly affected by the COVID-19 pandemic by opening a special $100,000 grant cycle in April 2020. Grants of up to $10,000 were made available to organizations working on the frontlines of the pandemic, and were awarded for basic needs such as rent, food and infant supplies, as well as utilities, counseling and medication.
Source: Estimates based on ABA 2019/2020 survey data. Does not include individual employee donations.