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Bankwell Bank

New Canaan, CT · Est. 2002 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Bankwell Bank is a bank based in New Canaan, Connecticut, established in 2002, with $3.4 billion in total assets across 11 branches. By Trust Grade it ranks 5th of 28 banks we track in Connecticut. Its capital ratio of 10.4% is stronger than 53% of similarly sized banks, versus a Connecticut median of 10.2%. It was profitable over the most recent period, with a 1.54% return on assets. No consumer complaints against Bankwell Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$3.4B
$1B–10B institution
Deposits
$2.9B
Branches
11
Capital ratio
10.4%
Top 47% of $1B–10B peers · Connecticut median 10.2%
Return on assets
1.5%
Top 27% of $1B–10B peers · Connecticut median 0.75%
Rank in Connecticut
#5
of 28 banks

How Bankwell Bank compares to Connecticut peers

Capital ratio
Top 47% of $1B–10B peers
Bankwell Bank
10.4%
Connecticut median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 27% of $1B–10B peers
Bankwell Bank
1.5%
Connecticut median
0.8%
Higher ROA = more profitable relative to asset base

How we graded Bankwell Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.4% capital ratio)
  • Strongly profitable (ROA 1.54%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Bankwell Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (11)

  • 156 Cherry St, New Canaan, CT 06840
  • 2704 Dixwell Ave, Hamden, CT 06518
  • 1 Sasco Hill Rd, Fairfield, CT 06824
  • 2220 Black Rock Tpke, Fairfield, CT 06825
  • 370 Westport Ave, Norwalk, CT 06851
  • 1065 Post Rd, Darien, CT 06820
  • 100 Post Rd W, Westport, CT 06880
  • 1145 High Ridge Rd, Stamford, CT 06905
  • 300 Atlantic St, Stamford, CT 06901
  • 258 Elm St, New Canaan, CT 06840
  • 557 & 559 - 86th Street, Brooklyn, NY 11209

Are deposits at Bankwell Bank insured?

Yes. Bankwell Bank is an FDIC-insured bank (FDIC certificate #57368). 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.

Bankwell Bank: frequently asked questions

Is Bankwell Bank a good bank?

Bankwell Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.4% capital ratio); Strongly profitable (ROA 1.54%).

Is Bankwell Bank FDIC-insured?

Yes. Bankwell Bank is a FDIC-insured bank (FDIC certificate #57368). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Bankwell Bank?

Bankwell Bank holds $3.4 billion in total assets, ranking 5th of 28 banks we track in Connecticut. It operates 11 branches.

Does Bankwell Bank have CFPB complaints?

No CFPB complaints against Bankwell Bank appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

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Ion Bank
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First County Bank
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Newtown Savings Bank
bank · Newtown, CT · $1.9B assets
Thomaston Savings Bank
bank · Thomaston, CT · $1.9B assets
Fairfield County Bank
bank · Ridgefield, CT · $1.9B assets

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.

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