Skip to main content
BankHealth

EASTERN CONNECTICUT SB

NORWICH, CONNECTICUT · FDIC Cert #28167

D
Health Score
46/100
$267M
Total Assets
$238M
Total Deposits
10.48%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, EASTERN CONNECTICUT SB holds a Tier 1 capital ratio of 10.48%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning EASTERN CONNECTICUT SB has a strong buffer to absorb potential losses.

Key Financial Metrics

1.93%
Nonperforming Loans
Moderate — some loan stress
7.89%
Liquidity Ratio
Low — potential liquidity stress
-0.15%
Return on Assets
Negative — losing money
$238M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

EASTERN CONNECTICUT SB shows some financial weakness with a Health Score of 46/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

EASTERN CONNECTICUT SB has a Bank Health Score of D (46/100). It holds a Tier 1 capital ratio of 10.48%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

EASTERN CONNECTICUT SB holds $267M in total assets and $238M in total deposits. It is located in NORWICH, CONNECTICUT (FDIC Certificate #28167).

EASTERN CONNECTICUT SB has a Tier 1 capital ratio of 10.48%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.93%, and the return on assets is -0.15%.

Yes. EASTERN CONNECTICUT SB is FDIC-insured (Certificate #28167). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

Last updated: