The Most Popular Bank in Connecticut, Ranked

Choose the bank you think is the most popular!

Author: Gregor Krambs
Updated on Apr 28, 2024 06:29
In the scenic landscapes of Connecticut, where tradition meets innovation, the choice of a reliable bank is crucial for both individuals and businesses. As residents navigate through various financial needs, from saving for college to investing in real estate, identifying the most favored bank can lead to partnerships that foster financial growth and security. This dynamic listing allows residents of Connecticut to cast their vote and see how others rate their banking experiences. By actively participating, users contribute to a crowdsourced guide that highlights which banks deliver superior service and reliability according to the community. Hence, your opinion is more than just a vote; it’s a steering wheel that shapes the financial landscape of Connecticut.

What Is the Most Popular Bank in Connecticut?

  1. 1
    71
    votes
    Webster Bank
    John Phelan · CC BY-SA 3.0

    Webster Bank

    Harold Webster Smith
    Webster Bank headquartered in Waterbury, Connecticut, Webster Bank has been serving the state since 1935 and is known for its commitment to community banking.
    Webster Bank is one of the most popular banks in Connecticut. It is a full-service financial institution that provides a wide range of banking services to individuals, businesses, and institutions. With a strong presence in the state, Webster Bank offers convenient access to banking products and services through various channels, including branches, ATMs, online banking, and mobile banking.
    • Number of Branches: approximately 150
    • Founded: 1935
    • Headquarters: Waterbury, Connecticut
    • Assets: over $30 billion
    • Services: personal banking, business banking, investments, mortgages, loans, credit cards, wealth management
  2. 2
    35
    votes

    People's United Bank

    Samuel L. Howe
    People's United Bank based in Bridgeport, Connecticut, People's United Bank is one of the largest regional banks in the Northeast and has a strong presence in Connecticut.
    People's United Bank is a widely recognized financial institution in Connecticut, offering a range of banking services to individuals, businesses, and organizations. Founded in 1842, it has grown to become the largest independent bank in New England. The bank is known for its commitment to personalized customer service, community engagement, and financial expertise.
    • Headquarters: Bridgeport, Connecticut
    • Number of branches: 450+
    • Total assets: $64 billion
    • Number of employees: 5,000+
    • Publicly traded: Yes (NASDAQ: PBCT)
  3. 3
    29
    votes
    Bank of America
    Kiran891 · CC BY-SA 4.0

    Bank of America

    Amadeo Giannini
    Bank of America with multiple branches throughout the state, Bank of America is one of the largest national banks operating in Connecticut.
    Bank of America is one of the largest financial institutions in the United States, offering a wide range of banking and financial services, including credit cards. They are known for providing reliable credit card solutions to individuals and businesses.
    • Founded: 1928
    • Headquarters: Charlotte, North Carolina, United States
    • Total Assets: Approximately $2.8 trillion
    • Number of Employees: Approximately 208,000
    • Credit Card Offerings: Wide variety of credit cards for personal and business use
    Bank of America in other rankings
  4. 4
    20
    votes
    Wells Fargo
    Laimerpramer · CC BY-SA 3.0

    Wells Fargo

    Wells Fargo & Company
    Wells Fargo also with multiple branches in Connecticut, Wells Fargo is another large national bank with a strong presence in the state.
    Wells Fargo is a multinational financial services company based in the United States that offers a variety of banking and credit card services. They provide credit cards to individuals and businesses with various features and benefits.
    • Rewards Program: Offers cashback, points, or travel rewards on eligible purchases.
    • Introductory APR: Offers a low or 0% Annual Percentage Rate (APR) for a specified period.
    • Credit Limit: Provides a credit limit based on the applicant's creditworthiness.
    • Security Features: Includes advanced security measures to protect against fraud and unauthorized transactions.
    • Mobile App: Offers a mobile application for convenient account management and transaction monitoring.
    Wells Fargo in other rankings
  5. 5
    17
    votes
    TD Bank
    MBisanz · CC BY-SA 3.0

    TD Bank

    TD Bank Group
    TD Bank with branches in several Connecticut cities, TD Bank is known for its customer service and convenience.
    TD Bank is a popular bank in America that provides a wide range of financial services to individuals, businesses, and institutions. It offers traditional banking products like checking and savings accounts, loans, mortgages, and credit cards. TD Bank is known for its customer-friendly approach, convenience, and extensive branch network.
    • Headquarters: Toronto, Canada
    • Established: 1855
    • Total Assets: $1.5 trillion
    • Number of Employees: around 85,000
    • Branches: 1,220
  6. 6
    13
    votes

    Santander Bank

    Sovereign Bank
    Santander Bank formerly known as Sovereign Bank, Santander Bank has a significant presence in Connecticut and is known for its online banking services.
    Santander Bank is one of the most popular banks in Connecticut, offering a wide range of financial services to individuals and businesses. With a strong presence in the state, Santander Bank has established itself as a trusted and reliable financial institution.
    • Founded: 1902
    • Headquarters: Wilmington, Delaware
    • Parent Company: Santander Group
    • Total Assets: $88.5 billion (as of 2020)
    • Number of Branches: Over 600
  7. 7
    11
    votes

    Chase Bank

    John Thompson
    Chase Bank with branches in several Connecticut cities, Chase Bank is known for its mobile banking app and other digital services.
    Chase Bank is one of the most popular banks in California, known for providing a wide range of financial services to individuals and businesses. With a solid presence throughout the state, it offers convenience and accessibility to its customers. Chase Bank is part of JPMorgan Chase & Co., a multinational banking corporation headquartered in New York City.
    • Established: 1799
    • Headquarters: New York City, USA
    • California Branches: Over 1,000
    • No. of ATMs: Approximately 4,900
    • Number of Employees: Approximately 180,000
    Chase Bank in other rankings
  8. 8
    6
    votes

    Citizens Bank

    Citizens Financial Group, Inc.
    Citizens Bank with branches in several Connecticut cities, Citizens Bank is known for its personal and business banking services.
    Citizens Bank is a widely recognized and highly regarded bank in Connecticut. Established in 1828, it has been serving the community for over 190 years. Founded by Citizens Financial Group, Inc., it has grown to become one of the largest financial institutions in the state. Citizens Bank caters to individuals, businesses, and institutions with its comprehensive range of banking products and services.
    • Established Year: 1828
    • Ownership: Citizens Financial Group, Inc.
    • Headquarters: Providence, Rhode Island
    • Branches: Over 100 branches in Connecticut
    • Services: Personal banking, business banking, mortgage services, investment services, wealth management
    Citizens Bank in other rankings
  9. 9
    2
    votes

    First Niagara Bank

    John R. Koelmel
    First Niagara Bank with branches throughout Connecticut, First Niagara Bank is known for its community involvement and commitment to small business lending.
    First Niagara Bank is a financial institution that is known for its wide range of banking products and services. It offers personal and business banking solutions, wealth management, and insurance services. First Niagara Bank aims to provide customers with exceptional customer service and convenient banking options.
    • Year Founded: 1870
    • Headquarters: Buffalo, New York
    • Parent Organization: KeyBank
    • Number of Branches: Over 400
    • Services Offered: Checking and Savings Accounts, Loans, Mortgages, Investments, Insurance
  10. 10
    8
    votes
    Liberty Bank
    Polscience · CC BY 3.0
    Liberty Bank headquartered in Middletown, Connecticut, Liberty Bank is a community bank with a strong focus on local lending and investment.
    Liberty Bank is one of the most popular banks in Connecticut, offering a range of financial services to individuals, businesses, and organizations. With a strong focus on community engagement and personalized customer service, Liberty Bank has built a reputation for being a trusted and reliable financial institution.
    • Founded: 1825
    • Headquarters: Middletown, Connecticut
    • Number of Branches: 55
    • Number of ATMs: 145
    • Total Assets: $5.4 billion

Missing your favorite bank?

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Discussion

Ranking factors for popular bank

  1. Branch locations and accessibility
    A popular bank should have multiple branch locations throughout Connecticut, making it convenient for customers to visit and avail of banking services.
  2. ATM network
    A good ATM network spread across the state allows customers to access their money easily and perform transactions without any additional fees.
  3. Customer service
    The quality and efficiency of a bank's customer service plays a major role in determining its popularity. A bank that prioritizes customer satisfaction is more likely to be popular among consumers.
  4. Digital banking platform
    A user-friendly and feature-rich online and mobile banking platform is essential for modern customers who prefer banking on-the-go.
  5. Product offerings
    A comprehensive range of products and services, including checking and savings accounts, loans, credit cards, and investment options, is necessary to cater to a diverse customer base.
  6. Interest rates and fees
    Competitive interest rates on loans and deposits, as well as low or no fees for basic banking services, can help make a bank more popular among consumers.
  7. Reputation and brand image
    A bank with a strong reputation and positive brand image in the community is more likely to be popular among consumers.
  8. Financial stability and security
    Customers prefer banks that are financially stable and have a strong track record of protecting their clients' assets.
  9. Community involvement and social responsibility
    Banks that engage in community development activities and support local causes are often more popular among consumers.
  10. Recommendations and testimonials
    Word-of-mouth referrals, online reviews, and positive testimonials from satisfied customers can also contribute to a bank's popularity.

About this ranking

This is a community-based ranking of the most popular bank in Connecticut. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or Bank is missing, feel free to help improve the ranking!

Statistics

  • 1784 views
  • 213 votes
  • 10 ranked items

Voting Rules

A participant may cast an up or down vote for each Bank once every 24 hours. The rank of each Bank is then calculated from the weighted sum of all up and down votes.

More information on most popular bank in connecticut

Connecticut is home to a diverse range of banks, from large national institutions to small community banks. With so many options available, it can be difficult to determine which bank is the most popular in the state. However, by analyzing customer reviews, financial data, and overall reputation, we can gain insights into which banks are most trusted and widely used by Connecticut residents. In this article, we'll explore the top contenders for the title of "most popular bank in Connecticut" and highlight their key features and benefits.

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