Essex Savings Bank, OLD LYME BRANCH

Name:Essex Savings Bank, OLD LYME BRANCH
Full Service Brick and Mortar Office
Review: 1star1 client review
Location:101 Halls Rd
Old Lyme, CT 06371

New London County
View Other Branches
 
Phone:860-434-1646
Branch Deposit:$83,194,000
FDIC Cert:#17262
Established:07/10/1976


The Bank

Name:Essex Savings Bank
Concentration:Commercial Lending Specialization
Established:08/06/1851
FDIC Insurance:08/09/1989
Charter Class:
# of Branches:8, view all, view on map
Website:www.essexsavings.com
Total Assets:$505,605,000
Total Deposits:$433,550,000
Total Equity Capital:$62,416,000
Total Domestic Office Deposits:$433,550,000
Net Income:$5,176,000
Quarterly Net Income:$1,156,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:9%
Quarterly Return on Equity:8%
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Client Review

1 client review of Essex Savings Bank scored 1 out of 5.

Essex Savings Bank
 1star Overall Rating
 1star Interest Rate and Cost
 2star Office Environment & Staff
 3star Waiting Time
 2star Other Services
by Muffy, Dec. 31, 2010

The bank may once have been a small, caring bank, but it has changed over the past 5 years to the point where it is really now no different from Citizens' or Chase or Wachovia. Essex Savings Bank and its customer service is actually poorer than one of the larger, more impersonal banks.
Essex Savings Bank also makes an astonishing number of mistakes and uses a 'we are all human' folksy approach to excuse them, but they do not give their customers this same measure of grace when their customers make mistakes.
 In truth, Citizen's Bank is more helpful and humane.

* this reviewer has be with this bank for 3 - 10 years
* this reviewer had 3 - 5 banks before.
* this review was made on Essex Savings Bank, Essex Savings Bank at Essex, CT
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