Bankwell Bank vs Stafford Savings Bank
Comparing a Bank in New Canaan, CT with a Bank in Stafford Springs, CT using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Bankwell Bank ↗ Bank · New Canaan, CT · Est. 2002 | Stafford Savings Bank ↗ Bank · Stafford Springs, CT · Est. 1872 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Bank |
| Location | New Canaan, CT | Stafford Springs, CT |
| Total assets | $3.4B | $507.6M |
| Capital ratio | 10.4% | 45.5% |
| Return on assets | 1.5% | 2.5% |
| Deposits | $2.9B | $225.7M |
| Branches | 11 | 3 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #5 of 28 | #2 of 28 |
| Established | 2002 | 1872 |
Bankwell Bank
- Assets: $3.4B
- Deposits: $2.9B
- Capital ratio: 10.4%
- Return on assets: 1.5%
- CFPB complaints: 0
- State rank: #5 of 28
Stafford Savings Bank
- Assets: $507.6M
- Deposits: $225.7M
- Capital ratio: 45.5%
- Return on assets: 2.5%
- CFPB complaints: 0
- State rank: #2 of 28
Are both institutions federally insured?
Yes. Bankwell Bank is FDIC-insured and Stafford Savings Bank is FDIC-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Bankwell Bank or Stafford Savings Bank?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Bankwell Bank scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Bankwell Bank safe?
Yes — Bankwell Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Stafford Savings Bank safe?
Yes — Stafford Savings Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Bankwell Bank vs Stafford Savings Bank?
Bankwell Bank has a capital ratio of 10.4%, placing it in the top 47% of $1B–10B peers. Stafford Savings Bank's ratio is 45.5%, placing it in the top 1% of $100M–1B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Bankwell Bank have compared to Stafford Savings Bank?
The CFPB database shows 0 complaints against Bankwell Bank, and 0 complaints against Stafford Savings Bank. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Bankwell Bank with other Banks in Connecticut
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
