Essex Savings Bank

Name:Essex Savings Bank
Full Service Brick and Mortar Office
Main Office of the Bank
Review:1 client review
Location:35 Plains Rd
Essex, CT 06426

Middlesex County
View Other Branches
 
Phone:860-767-2573
FDIC Cert:#17262
Established:1851-08-06


The Bank

Name:Essex Savings Bank
Concentration:All Other Specialization < 1 Billion
Established:1851-08-06
FDIC Insurance:1953-10-02
Charter Class:Savings banks, state charter, supervised by the FDIC
# of Branches:8, view all, view on map
Website:www.essexsavings.com
Total Assets:$545,420,000
Total Deposits:$480,403,000
Total Equity Capital:$53,515,000
Total Domestic Office Deposits:$480,403,000
Net Income:$1,787,000
Quarterly Net Income:$497,000
Return on Equity:5%
Quarterly Return on Equity:4%
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Client Review

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

Essex Savings Bank
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
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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