Naugatuck Valley Planning Region, Connecticut, a core county of the New Haven-Hartford-Waterbury, CT market, holds $12.6B in deposits across 16 insured institutions and 107 branches. Webster Bank, National Association is the largest deposit holder at 24.3% share. The top three institutions hold 46.2% of deposits, which places the county in the moderately concentrated band. Deposits have grown 7.3% since 2023 while the branch count fell by 1.8%. It produces $26.8B of output, ranking #176 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 109 in 2023 to 107 in 2025. Institutions: 16 to 16. Top-three share: 47.0% to 46.2%. Connecticut recoded its counties to planning regions in the FDIC data in 2023, so this county’s continuous trend begins in 2023.
Institutions by deposits
| Institution | Deposits | Share | vs 2023 |
|---|---|---|---|
| Webster Bank | $3.1B | 24.3% | +18% |
| Wells Fargo Bank | $1.4B | 11.4% | -3% |
| Bank of America | $1.3B | 10.6% | -9% |
| Ion Bank | $1.3B | 10.4% | +10% |
| TD Bank | $1.3B | 10.3% | +6% |
| Thomaston Savings Bank | $1.3B | 10.3% | +17% |
| Manufacturers and Traders Trust Company | $1.0B | 8.2% | -2% |
| Liberty Bank | $505M | 4.0% | +8% |
| Newtown Savings Bank | $416M | 3.3% | +5% |
| JPMorgan Chase Bank | $355M | 2.8% | +26% |
| Santander Bank | $193M | 1.5% | +28% |
| Ives Bank | $142M | 1.1% | +24% |
| Northwest Community Bank | $75M | 0.6% | -5% |
| Union Savings Bank | $67M | 0.5% | +33% |
| KeyBank | $63M | 0.5% | -33% |
| The Torrington Savings Bank | $33M | 0.3% | +62% |
The 16 insured institutions with a branch presence in this county, as of June 30, 2025. Five-year change compares the same institution’s county deposits in 2023 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2023 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the New Haven-Hartford-Waterbury market
Naugatuck Valley Planning Region is one of 7 counties that make up the New Haven-Hartford-Waterbury, CT market, a Combined Statistical Area (ranked #25 of 293 U.S. markets by economic output). It produces 13.6% of the market’s output and holds 12.4% of its deposits.
| Measure | Naugatuck Valley Planning Region | Share of parent market |
|---|---|---|
| 2024 GDP | $26.8B | 13.6% |
| Deposits | $12.6B | 12.4% |
| Population | 463,349 | 17.1% |
View the full New Haven-Hartford-Waterbury market profile →
Recruiting in Naugatuck Valley Planning Region
Deposits are split among a moderate number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Naugatuck Valley Planning Region.
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