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Amid recent financial industry news, we want to assure you that we are a well-capitalized mutual savings bank with its only priority to serve our customers.

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Home » Collins & Jewell Company

News & Noteworthy

Collins & Jewell Company

May 7, 2019

We began banking with Eastern due to their “out of the box” way of thinking as it pertained to the financing of our new building. Other banks wanted us to inject more equity prior to financing to fill the “gap” of actual construction costs versus appraised value. Eastern was well connected with other agencies that helped us fill that gap and made the completion of our building a reality.

Since that time our daily banking experiences have been great. We are very pleased with the level of service, flexibility, availability and family friendliness of everyone on the Eastern team. It makes banking a very “painless” experience which is different than what we are used to.

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© 2023 Eastern Connecticut Savings Bank. All Rights Reserved.

Amid recent financial industry news, we want to assure you that we are a well-capitalized mutual savings bank with its only priority to serve our customers. Eastern Connecticut Savings Bank has been dedicated to serving the local community since 1915, and we continue to do so today.

At ECSB, our business model differs from those making headlines, as we do not specialize in services such as cryptocurrency or venture capital. We are not beholden to stock investors. We reinvest locally by providing a mortgage to your neighbor or a loan to the small business just around the corner.

We want to remind you during this time that we are FDIC insured and that no one has ever lost a dime of FDIC-insured deposits. We are here to support you and answer any questions you may have regarding FDIC coverage, and urge you to visit https://www.fdic.gov/ for more information. Thank you for choosing Eastern Connecticut Savings Bank.