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Savings Bank of Danbury Rates & Review April 2026

You can compare Savings Bank of Danbury rates to other rates in our database, including 12-month CD rates currently at 3.50%, 6-month CD rates at 4.00% and 3-month CD rates at 3.25%. Savings rates are at 1.01% and money market rates are at 3.40%. Mortgage rates on 30-year fixed loans are around 6.59%. All these rates can be compared to Savings Bank of Danbury rates. MonitorBankRates evaluates the financial stability of Savings Bank of Danbury with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 9.37%. Rates were last updated on 04/23/2026.

Savings Bank of Danbury money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Savings Bank of Danbury? Share your experience about Savings Bank of Danbury by leaving a review below, or read customer reviews before you decide to use Savings Bank of Danbury.

Overall Health & Safety Grade ?
A
Excellent Health Score: 95/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
9.37%
Excellent Higher than avg
Savings Bank of Danbury
220 Main St
Danbury, CT 06810
https://www.sbdanbury.com
Member FDIC

Current Rate Availability

We do not have Savings Bank of Danbury rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Savings Bank of Danbury is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Savings Bank of Danbury rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Savings Bank of Danbury's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Savings Bank of Danbury
Bank Holding Company IVES MUTUAL HOLDING CO INC
Address 220 Main St, Danbury, CT 06810  ·  Western Connecticut
FDIC Certificate # 15912
Established 06/26/1849
FDIC Insurance Date 09/25/1942
Domestic Offices 16
Total Branches 16
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A
Overall Health Grade Score: 95/100
5.0
Exceptional Out of 5.0 Stars
9.37%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 1.1086%
Return on Equity (ROE) 8.7900%
Non-Performing Loans (NPL) 1.03%
Total Assets $1,680,205,000
Total Deposits $1,352,410,000
Equity Capital $222,580,000
Net Income $16,295,000
Headquarters Danbury
Total Offices 16
Source: FDIC  |  Last Updated 12/31/2025

Customer Reviews

ZRYZ
★★★★★
December 17, 2025
BFJZ
Average Rating
★★★★★
Total Reviews
1
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Frequently Asked Questions About Savings Bank of Danbury

Is Savings Bank of Danbury a safe place to deposit money?

Yes, Savings Bank of Danbury is considered a safe financial institution. With a Texas Ratio of 9.3703984408835%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does Savings Bank of Danbury operate?

Savings Bank of Danbury currently maintains approximately 16 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Savings Bank of Danbury does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Savings Bank of Danbury provides members with tools to manage their accounts and build a solid financial history.

Does Savings Bank of Danbury offer online and mobile banking?

Most modern institutions like Savings Bank of Danbury provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.sbdanbury.com.