Bank · FDIC insured
Ascend Bank
A $1.5B bank headquartered in Guilford, CT, with 12 branches in Connecticut. Best rates: savings 0.02% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: carrot has not captured enough rates to score this yet. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings660.02%0.80% with extra requirementsSavings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Ascend Bank
Ascend Bank was established in 1875 as Guilford Savings Bank and reorganized into a mutual holding company in 2019.
Headquartered in Guilford, Connecticut, the bank operates 12 banking locations across Connecticut and serves neighboring states.
- Headquarters
- 1 Park St, Guilford, CT 06437
- FDIC certificate
- 18194 ↗
Branches
12 branches in Connecticut
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Connecticut
12 branches
New Haven area · 6
- Ascend BankMain office1 Park St, Guilford, CT 06437Directions
- North Main Street Branch61 N Main St, Branford, CT 06405Directions
- The Guilford Plaza Branch625 Boston Post Rd, Guilford, CT 06437Directions
- Madison Branch589 Boston Post Rd, Madison, CT 06443Directions
- North Haven Branch158 Washington Ave, North Haven, CT 06473Directions
- Northford Branch Office1409 Middletown Ave, Northford, CT 06472Directions
Norwich area · 4
- Jewett City Branch1 Slater Ave, Jewett City, CT 06351Directions
- Eastern Connecticut Branch257 Main St, Norwich, CT 06360Directions
- Norwichtown Branch220 W Town St, Norwich, CT 06360Directions
- West Side Office666 W Main St, Norwich, CT 06360Directions
Hartford area · 1
- Boston Post Road Branch840 Boston Post Rd, Old Saybrook, CT 06475Directions
Putnam area · 1
- Plainfield Branch14 Lathrop Rd, Plainfield, CT 06374Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.65% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.50% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.03% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $88 | $88 | — |
- CapitalLeverage ratio9.65%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.50%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.03%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$88Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Ascend Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.