Connecticut headquartered banks in the table held $38.5 billion of commercial real estate loans as of June 30, 2026. The portfolio included $3.5 billion of construction and land loans, $11.6 billion of multifamily loans, $5.8 billion of owner occupied loans and $17.5 billion of investor nonfarm nonresidential loans. BestCRE ranks these institutions by total commercial real estate loans, using FDIC Call Reports, formally Reports of Condition and Income, schedule RC-C. The ranking provides a consistent view of reported loan balances, but it does not describe current pricing, underwriting terms or whether a bank will approve a particular transaction.
The table covers 25 of the 27 banks headquartered in Connecticut. All Connecticut headquartered banks held $38.5 billion of commercial real estate loans, up +7.5% year over year, while the top five accounted for 80.0% of that total. For national context, 4,167 banks held $3.07 trillion of commercial real estate loans. Headquarters location defines inclusion in the Connecticut ranking. Banks based in other states can still be significant local lenders through Connecticut branches, but their call reports disclose total commercial real estate loans across all states rather than a Connecticut specific loan balance.
Connecticut banks ranked by total CRE loans
| Rank | Bank | Headquarters | Total CRE loans ($M) | Construction and land ($M) | Multifamily ($M) | Owner occupied ($M) | Change, 1 year | CRE share of loans |
|---|---|---|---|---|---|---|---|---|
| 1 | Webster Bank, N.A. | STAMFORD, CT | $22,551 | $1,695 | $7,695 | $2,434 | +5.8% | 39.0% |
| 2 | Liberty Bank | Middletown, CT | $3,575 | $502 | $1,489 | $205 | +7.8% | 48.7% |
| 3 | Bankwell Bank | New Canaan, CT | $2,100 | $153 | $378 | $832 | +6.6% | 71.1% |
| 4 | Union Savings Bank | Danbury, CT | $1,475 | $107 | $294 | $172 | +8.4% | 61.8% |
| 5 | First County Bank | Stamford, CT | $1,110 | $125 | $339 | $233 | +29.0% | 58.0% |
| 6 | Ion Bank | Naugatuck, CT | $1,023 | $97.4 | $304 | $178 | -1.5% | 50.9% |
| 7 | Fairfield County Bank | Ridgefield, CT | $852 | $158 | $93.0 | $247 | +10.3% | 56.6% |
| 8 | Thomaston Savings Bank | Thomaston, CT | $720 | $81.2 | $74.9 | $200 | +11.9% | 50.3% |
| 9 | Ives Bank | Danbury, CT | $500 | $64.8 | $112 | $134 | +12.3% | 34.6% |
| 10 | Patriot Bank, N.A. | Stamford, CT | $487 | $0.0 | $97.4 | $112 | +26.7% | 53.6% |
| 11 | Ascend Bank | Guilford, CT | $479 | $66.9 | $93.3 | $111 | +28.8% | 41.2% |
| 12 | Dime Bank | Norwich, CT | $478 | $93.5 | $141 | $102 | +22.5% | 50.6% |
| 13 | The First Bank of Greenwich | Cos Cob, CT | $404 | $35.2 | $85.2 | $99.0 | +1.3% | 55.7% |
| 14 | Northwest Community Bank | Winsted, CT | $362 | $30.5 | $79.3 | $76.1 | +36.3% | 35.0% |
| 15 | Newtown Savings Bank | Newtown, CT | $344 | $60.9 | $34.3 | $109 | +13.3% | 22.5% |
| 16 | Chelsea Groton Bank | Groton, CT | $306 | $79.5 | $62.0 | $77.9 | +11.2% | 23.1% |
| 17 | The Torrington Savings Bank | Torrington, CT | $304 | $14.7 | $48.2 | $53.4 | +6.7% | 37.7% |
| 18 | Windsor Federal Bank | Windsor, CT | $289 | $32.1 | $19.5 | $100 | +14.1% | 40.5% |
| 19 | Fieldpoint Private Bank & Trust | Greenwich, CT | $223 | $16.2 | $28.0 | $49.5 | -17.1% | 36.1% |
| 20 | Jewett City Savings Bank | Jewett City, CT | $218 | $35.8 | $40.1 | $72.3 | +20.4% | 53.6% |
| 21 | The Milford Bank | Milford, CT | $168 | $34.8 | $12.8 | $71.8 | -3.1% | 32.3% |
| 22 | Connecticut Community Bank, N.A. | Norwalk, CT | $141 | $1.0 | $10.8 | $53.2 | -4.0% | 43.6% |
| 23 | Essex Bank | Essex, CT | $138 | $30.3 | $15.0 | $54.7 | +0.4% | 37.5% |
| 24 | DR Bank | Darien, CT | $137 | $27.4 | $22.3 | $19.9 | +0.5% | 18.2% |
| 25 | New Haven Bank | New Haven, CT | $78.4 | $0.0 | $13.3 | $36.8 | +8.3% | 46.4% |
Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record. Table shows the top 25 of 27 banks headquartered in Connecticut.
Webster Bank, N.A. is the clear leader with $22.6 billion of commercial real estate loans and a national rank of 23. Its portfolio includes $10.7 billion of investor nonfarm nonresidential loans and $7.7 billion of multifamily loans. Liberty Bank ranks second with $3.6 billion, followed by Bankwell Bank with $2.1 billion. Portfolio concentration varies substantially. Bankwell Bank reports commercial real estate at 71.1% of total loans, compared with 18.2% at DR Bank. Union Savings Bank has an investor commercial real estate to equity ratio of 4.00x, while Chelsea Groton Bank reports 0.83x. Growth also differs across the table. Northwest Community Bank increased commercial real estate loans by +36.3% year over year, First County Bank by +29.0% and Ascend Bank by +28.8%. Fieldpoint Private Bank & Trust declined by -17.1%, showing that reported portfolio direction is not uniform among Connecticut institutions.
Out of state banks with branches in Connecticut
| Bank | Headquarters state | Branches in Connecticut | Deposits in Connecticut ($M) | Total CRE loans, all states ($M) |
|---|---|---|---|---|
| Bank of America, N.A. | North Carolina | 82 | $41,910 | $79,906 |
| Manufacturers and Traders Trust Company | New York | 109 | $18,985 | $34,665 |
| JPMorgan Chase Bank, N.A. | Ohio | 63 | $8,934 | $179,847 |
| Wells Fargo Bank, N.A. | South Dakota | 47 | $8,904 | $121,623 |
| TD Bank, N.A. | Delaware | 49 | $8,789 | $30,408 |
| KeyBank, N.A. | Ohio | 47 | $5,282 | $17,153 |
| Citizens Bank, N.A. | Rhode Island | 30 | $3,788 | $26,949 |
| Citibank, N.A. | South Dakota | 12 | $2,462 | $26,036 |
| Santander Bank, N.A. | Delaware | 13 | $1,745 | $17,133 |
| Beacon Bank and Trust | Massachusetts | 18 | $1,352 | $9,595 |
| PeoplesBank | Massachusetts | 7 | $531 | $1,336 |
| NBT Bank, N.A. | New York | 6 | $500 | $4,692 |
Source: FDIC Summary of Deposits 2026. Deposits and branches are for Connecticut only; CRE loans are bank wide.
The ranking provides a starting point for a loan search
A larger commercial real estate book can indicate greater appetite and hold capacity, while the composition of that book helps identify the property categories in which a bank is most active. Annual growth shows which institutions are adding commercial real estate loans, and concentration can signal that a bank may be selective. These measures should be read together. A large balance does not establish current availability, and a fast growing balance does not establish that a bank will pursue every property type or transaction.
Borrowers can use the table to build a focused call list, then ask each bank directly about current interest, structure and eligibility. Bank lending is relationship driven and local, so headquarters, branch presence and existing connections can matter alongside reported balances. The ranking is therefore a screening tool rather than a prediction of approval. Comparing several institutions gives borrowers a clearer view of which banks are active, which portfolios resemble the proposed property type and which lenders may have room for another exposure.
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Tell Us About Your DealHow BestCRE Capital WorksLoan mix and concentration distinguish the Connecticut banks
The largest portfolios show different areas of activity. Webster Bank, N.A. reports $10.7 billion of investor nonfarm nonresidential loans, $7.7 billion of multifamily loans, $2.4 billion of owner occupied loans and $1.7 billion of construction and land loans. Liberty Bank reports $1.5 billion of multifamily loans and $1.4 billion of investor nonfarm nonresidential loans. Bankwell Bank, by contrast, reports $832.2 million of owner occupied loans, its largest reported category in the table.
Concentration measures how central commercial real estate is to a bank’s lending and capital position. Bankwell Bank reports commercial real estate at 71.1% of total loans and an investor commercial real estate to equity ratio of 3.57x. First County Bank reports 58.0% and 4.59x, while Newtown Savings Bank reports 22.5% and 1.41x. Relative to other banks in the table, the higher ratios indicate more concentrated exposure. They do not show current underwriting decisions, but they can help borrowers anticipate where a lender may be more selective.
Connecticut borrowers have additional bank and nonbank options
Banks headquartered elsewhere also serve Connecticut through local branches. FDIC Summary of Deposits 2026 data show Bank of America, N.A. with 82 Connecticut branches and $41.9 billion of deposits in the state. Manufacturers and Traders Trust Company has 109 branches and $19.0 billion of Connecticut deposits. JPMorgan Chase Bank, N.A. has 63 branches and $8.9 billion, while Wells Fargo Bank, N.A. has 47 branches and $8.9 billion. Their commercial real estate totals cover all states and should not be interpreted as Connecticut loan balances.
Borrowers can also compare debt funds, life companies, CMBS, agency and SBA lenders, none of which appear in bank call reports. Each source may address a different transaction profile, so a broad comparison can reveal alternatives beyond the Connecticut headquartered banks in this ranking. A practical search can include locally headquartered banks, out of state banks with Connecticut branches and relevant nonbank lenders. Comparing several sources is important because reported portfolio size and mix describe existing balances, not current pricing, terms or approval for a specific property.
Frequently Asked Questions
What is the largest commercial real estate bank lender headquartered in Connecticut?
Webster Bank, N.A. is the largest Connecticut headquartered bank in the ranking, with $22.6 billion of total commercial real estate loans as of June 30, 2026. It ranks 23 nationally and reports commercial real estate at 39.0% of total loans. Its portfolio includes $10.7 billion of investor nonfarm nonresidential loans, $7.7 billion of multifamily loans, $2.4 billion of owner occupied loans and $1.7 billion of construction and land loans. Those balances describe the reported portfolio and do not establish current lending terms or availability.
Which Connecticut banks reported the strongest commercial real estate loan growth?
Northwest Community Bank reported the highest year over year growth shown in the table at +36.3%, bringing total commercial real estate loans to $361.9 million. First County Bank followed at +29.0%, with a portfolio of $1.1 billion. Ascend Bank reported +28.8% growth and $479.4 million of commercial real estate loans, while Patriot Bank, N.A. reported +26.7% and $487.3 million. Growth identifies banks that added reported balances, but it does not indicate which property, borrower or transaction types they are currently seeking.
Which Connecticut banks reduced commercial real estate loans?
Four banks in the table reported year over year declines. Fieldpoint Private Bank & Trust had the largest decrease at -17.1%, with $223.4 million of commercial real estate loans. Connecticut Community Bank, N.A. declined -4.0% to $141.3 million, The Milford Bank declined -3.1% to $168.1 million and Ion Bank declined -1.5% to $1.0 billion. These movements show the direction of each reported portfolio as of June 30, 2026. They do not explain the cause or establish whether a bank is accepting new applications.
What benchmark rates provide context for commercial real estate borrowing?
As of Oct 26, 2026, the Prime rate was 7.00%, SOFR was 3.89% and the Fed funds rate was 3.88%. The 5 year Treasury was 4.78%, while the 10 year Treasury was 4.96%. These benchmarks provide market context, but the ranking does not report bank loan pricing, spreads, fees or terms. Borrowers should obtain current quotes directly from potential lenders because call reports measure existing loan balances rather than the cost or structure of a proposed commercial real estate loan.
How does BestCRE build the Connecticut commercial real estate bank ranking?
BestCRE ranks banks headquartered in Connecticut by total commercial real estate loans reported in FDIC Call Reports, formally Reports of Condition and Income, schedule RC-C, as of June 30, 2026. The page also uses the FDIC Summary of Deposits 2026 to identify branch and deposit presence for banks headquartered outside Connecticut. The ranked table contains 25 banks, while Connecticut has 27 headquartered banks. Figures cover construction and land, multifamily, owner occupied and investor nonfarm nonresidential loans. The methodology compares reported portfolios and does not evaluate loan programs, pricing or service.
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BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.