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Newtown Savings Bank company history timeline

1855

The bank was founded in 1855 under its current name, and was the 23rd savings institution founded in Connecticut.

1856

In its first annual report in 1856, the Bank had $7,104 in real estate loans and $17,201 in deposits

1908

Reached its first million dollars in assets in 1908

1910

The Bank’s first building opened for service in 1910, on the site of the present main office location in Newtown

1987

1987: ATMs and 24-hour banking services are introduced

1995

The bank has 15 locations, and owns the subsidiary Newtown Investment Services Inc., which it founded in 1995.

1998

1998: The Foundation is formed for the purpose of making donations to various not for profit organizations

2009

2009: In very difficult lending times, Bank has record year originating mortgages

2010

2010: Opened the Bank’s second Monroe location at Clock Tower Plaza

2014

2014: Newtown Savings Bank Credit Cards were introduced to consumers and businesses

2015

2015: Celebrated 160 years of serving the people and businesses in our communities

2016

2016: The Bank opened a branch in Oxford

2017

2017: The Bank moved its Newtown branch on 39 Main Street to a new office on 32 Church Hill Road

2020

2020: The Bank moved its Brookfield branch on Federal Road to 14 Candlewood Lake Road and also moved its Sand Hill branch in Newtown down the road to 274 South Main Street

2020: Named Best Small Bank in CT (opens in a new window) by Newsweek

2021

2021: The Bank opened a branch in Bridgeport on Boston Ave.

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Founded
1855
Company founded
Headquarters
Newtown, CT
Company headquarter
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Newtown Savings Bank competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Fulton Bank1882$793.3M3,500304
Burke and Herbert Bank Trust1852$121.8M350132
Ponce Bank1960$790,000311
First Federal Community Bank1898$11.7M5076
Lafayette Bank-$37.0M502
Independence Bank1864$197.9M91111
Eastern Bank1969$168.1M18336
Peoples State Bank-$14.0M5021
Kennebunk Savings1871$53.0M35011
Peoples Credit-$340,0002-

Newtown Savings Bank history FAQs

Zippia gives an in-depth look into the details of Newtown Savings Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Newtown Savings Bank. The employee data is based on information from people who have self-reported their past or current employments at Newtown Savings Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Newtown Savings Bank. The data presented on this page does not represent the view of Newtown Savings Bank and its employees or that of Zippia.

Newtown Savings Bank may also be known as or be related to Newtown Savings Bank and Newtown Savings Bank, Inc.