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NewAlliance Bank Overview

NewAlliance Bancshares, doing business as NewAlliance Bank, was the second largest Connecticut-based savings bank.
NewAlliance Bank has been around for a long time. It was founded back in 1838. This established company loves to hire graduates from Southern Connecticut State University, with 13.9% of its employees having attended Southern Connecticut State University. NewAlliance Bank is a great place to work and is featured as number 14 on Zippia's list of Best Companies to Work for in New Haven, CT.
Based in Connecticut, NewAlliance Bank is a medium-sized finance company with 690 employees and a revenue of $175.0M.







Founded in



New Haven, CT


Organization Type


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The Team At NewAlliance Bank

Key People
  • Glenn MacInnes (EVP and CFO)
  • Peyton Patterson (Chairman and CEO)
  • C. Kirby (President)

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NewAlliance Bank Rankings

NewAlliance Bank is ranked #24 on the Best Finance Companies to Work For in Connecticut list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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NewAlliance Bank Careers

On average, employees at NewAlliance Bank stay with the company for 5.3 years. Employees most commonly join NewAlliance Bank after leaving Peoples Bank. When they leave NewAlliance Bank, they most frequently get their next job at First Niagara Center.

Average Length of Employment

Liberty Bank
3.7 years

Top Employers Before NewAlliance Bank

Top Employers After NewAlliance Bank

8.8 %

NewAlliance Bank Employee Demographics

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

NewAlliance Bank Employees Education

Of the 690 employees at NewAlliance Bank, 13.9% attended Southern Connecticut State University. Employees at NewAlliance Bank most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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NewAlliance Bank Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.


$100M - $1B

Founded in


Organization type


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NewAlliance Bank Competitors

Average Salarydesc
People's United Bank
Salary Range39k - 70k$53k$52,939

Union State Bank

Salary Range33k - 70k$48k$48,133


Salary Range32k - 68k$47k$47,210

The Cooperative Bank of Cape Cod

Salary Range32k - 67k$47k$46,722

The Bank of Glen Burnie

Salary Range32k - 67k$47k$46,692


Salary Range32k - 67k$47k$46,673

Sterling Federal Bank

Salary Range32k - 67k$47k$46,668

Liberty Bank

Salary Range28k - 59k$42k$41,526
Alpine Bank
Salary Range28k - 52k$39k$38,639

Five Star Bank

Salary Range25k - 53k$37k$37,010

Frequently Asked Questions about NewAlliance Bank

When was NewAlliance Bank founded?

NewAlliance Bank was founded in 1838.

How many Employees does NewAlliance Bank have?

NewAlliance Bank has 690 employees.

How much money does NewAlliance Bank make?

NewAlliance Bank generates $175.0M in revenue.

What industry is NewAlliance Bank in?

NewAlliance Bank is in the finance industry.

What type of company is NewAlliance Bank?

NewAlliance Bank is a private company.

Who are NewAlliance Bank's competitors?

NewAlliance Bank competitors include Liberty Bank, People's United Financial, Morton Community Bank, The Cooperative Bank of Cape Cod, First United Bank, North Fork Bank, Union State Bank, F&M Bank, Family Federal Savings, LYONS BANCORP, Five Star Bank, First Bank and Trust, The Bank of Glen Burnie, BancorpSouth, Community National Bank, Sterling Federal Bank, Twin City Bank, Alpine Bank, Dacotah Bank, BANK OF NEWPORT.

Who works at NewAlliance Bank?

Glenn MacInnes (EVP and CFO)

Peyton Patterson (Chairman and CEO)

C. Kirby (President)

Where is NewAlliance Bank's headquarters?

NewAlliance Bank's headquarters is in New Haven, CT.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of NewAlliance Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about NewAlliance Bank. The employee data is based on information from people who have self-reported their past or current employments at NewAlliance Bank. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of NewAlliance Bank and its employees or that of Zippia.

NewAlliance Bank may also be known as or be related to New Alliance Bancshares Inc, NewAlliance Bancshares and NewAlliance Bank.