FeedbackBranch openings and closings — which banks and credit unions are shrinking or growing their footprint · CharterBench

Branch openings and closings, 2024

Year-over-year change in every bank and credit union branch in Connecticut, June 2023 → June 2024. 44 closed, 21 opened, 4 changed hands.

Sold / transferred

Biggest net closers 2024 · CT

Wells Fargo Bank, National Association $1.91T-216 net · 225 closed · $29.86B
Citizens Bank, National Association $232.52B-76 net · 82 closed · $3.95B
Bank of America, National Association $2.65T-68 net · 107 closed · $88.40B
Manufacturers and Traders Trust Company $218.79B-37 net · 37 closed · $1.99B
Berkshire Bank —-7 net · 7 closed · $348.6M
First County Bank $2.42B-1 net · 1 closed · $103.1M
Patriot Bank, National Association $1.32B-1 net · 1 closed · $29.6M
Nutmeg State Financial Credit Union $916.5M-1 net · 1 closed
The Milford Bank $652.0M-1 net · 1 closed · $20.2M
Mutual Security Credit Union $385.4M-1 net · 1 closed
Achieve Financial Credit Union $176.0M-1 net · 1 closed

Biggest net openers 2024 · CT

NBT Bank, National Association $16.09B+14 net · 1 opened, 13 acquired
JPMorgan Chase Bank, National Association $4.09T+8 net · 178 opened
American Eagle Financial Credit Union $2.77B+2 net · 2 opened
Polish & Slavic Federal Credit Union $2.74B+2 net · 2 opened
Liberty Bank $9.38B+1 net · 2 opened
Union Savings Bank $3.30B+1 net · 1 opened
Ion Bank $2.78B+1 net · 1 opened
Thomaston Savings Bank $1.93B+1 net · 1 opened
Fairfield County Bank $1.92B+1 net · 1 opened
Sikorsky Financial Credit Union $1.45B+1 net · 1 opened
Connex Credit Union $1.06B+1 net · 1 opened
360 Federal Credit Union $324.4M+1 net · 1 opened
New Haven Bank $200.0M+1 net · 1 opened

Acquired branches 4 · by deposits held

Institution	Branch	City	County	Deposits at last filing
NBT Bank, National AssociationBank · $16.09B	Lakeville Regional Financial Center Branch	Lakeville, CT	Northwest Hills	$161.7M
NBT Bank, National AssociationBank · $16.09B	Canaan Branch	Canaan, CT	Northwest Hills	$115.9M
NBT Bank, National AssociationBank · $16.09B	Sharon Branch	Sharon, CT	Northwest Hills	$107.4M
NBT Bank, National AssociationBank · $16.09B	Salisbury Branch	Salisbury, CT	Northwest Hills	$50.5M