Union Savings Bank is a bank based in Danbury, Connecticut, established in 1866, with $3.3 billion in total assets across 26 branches. By Trust Grade it ranks 12th of 28 banks we track in Connecticut. Its capital ratio of 9.6% trails most similarly sized banks (38th percentile), versus a Connecticut median of 10.2%. It was profitable over the most recent period, with a 0.77% return on assets. No consumer complaints against Union Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Union Savings Bank compares to Connecticut peers
How we graded Union Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.6% capital ratio)
- Profitable (ROA 0.77%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Union Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (26)
- 226 Main St, Danbury, CT 06810
- 13 North St, Litchfield, CT 06759
- 15 Kent Green Blvd, Kent, CT 06757
- 169 Danbury Rd, New Milford, CT 06776
- 253 New Milford Tpke, New Preston Marble Dale, CT 06777
- 7 Bryan Plaza, Washington Depot, CT 06794
- 26 North St, Roxbury, CT 06783
- 4 Sharon Tpke, Goshen, CT 06756
- 1057 Torringford St, Torrington, CT 06790
- 126 North St, Danbury, CT 06811
- 200 Federal Rd, Brookfield, CT 06804
- 24 State Route 39, New Fairfield, CT 06812
- 100 Mill Plain Rd, Danbury, CT 06811
- 116 Main St, Danbury, CT 06810
- 71 Newtown Rd, Danbury, CT 06810
- 1a Commerce Rd, Newtown, CT 06470
- 41 East St, New Milford, CT 06776
- 100 Danbury Rd, Ridgefield, CT 06877
- 24 Grassy Plain St, Bethel, CT 06801
- 397 Main St, Torrington, CT 06790
- 406 Main St S, Southbury, CT 06488
- 79 Stony Hill Rd, Bethel, CT 06801
- 188 Albany Tpke, Canton, CT 06019
- 411 Monroe Tpke, Monroe, CT 06468
- 225 Main St, Danbury, CT 06810
- 454 Main Avenue, Norwalk, CT 06851
Are deposits at Union Savings Bank insured?
Yes. Union Savings Bank is an FDIC-insured bank (FDIC certificate #18190). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Union Savings Bank: frequently asked questions
Is Union Savings Bank a good bank?
Union Savings Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (9.6% capital ratio); Profitable (ROA 0.77%).
Is Union Savings Bank FDIC-insured?
Yes. Union Savings Bank is a FDIC-insured bank (FDIC certificate #18190). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Union Savings Bank?
Union Savings Bank holds $3.3 billion in total assets, ranking 12th of 28 banks we track in Connecticut. It operates 26 branches.
Does Union Savings Bank have CFPB complaints?
No CFPB complaints against Union Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
