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Oldest mutual savings bank in United States, established in 1825. Third largest bank in Connecticut with $7.5 billion in assets and 55 banking offices throughout the state. Headquarters in Middletown.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
no activity
As Of March 31, 2026
Median
$324K
Average
$387K
Sweet Spot
$0-$500K
Industries with highest loan volume
Residential Remodelers
2
loans
$228K
avg. amount
Residential Remodelers
2
loans
$228K
avg
Showcase, Partition, Shelving, and Locker Manufacturing
1
loans
$850K
avg. amount
Showcase, Partition, Shelving, and Locker Manufacturing
1
loans
$850K
avg
All Other Professional, Scientific, and Technical Services
1
loans
$243K
avg. amount
All Other Professional, Scientific, and Technical Services
1
loans
$243K
avg
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.50% |
Spread over Prime at time of loan origination
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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