Bankwell Bank is an FDIC insured institution headquartered at
156 Cherry St, New Canaan, CT 06840.
It was founded in
2002 and has approximately $3 billion in assets. Customers can open an account at one of its 10 branches.
Deposit Rates -
August 21, 2026
SAVINGS RATES
APY
MIN
SAV
3.50%
$0
Compare
MM RATES
APY
MIN
Money Market
3.50%
$100
Compare
PREMM RATES
APY
MIN
Premium Money Market
4.25%
$100,000
Compare
INT CHECKING RATES
APY
MIN
INTCK
0.15%
$100
Overview 2026
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 57368
Date Established
2002
Assets
$ 3.35 billion
Loans
$ 2.80 billion
Deposits
$ 2.85 billion
Capital
$ 348.35 million
Summary Balance Sheet as of December 31, 2025
ASSETS
Cash & Balances due from depository institutions
$ 214.57 million
Interest-bearing balances
$ 195.08 million
Total securities
$ 192.12 million
Federal funds sold and reverse repurchase
$ 10.35 million
Net loans and leases
$ 2.80 billion
Loan loss allowance
$ 30.71 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
$ 3.62 million
All other assets
$ 84.09 million
Total Assets
$ 3.00 billion
LIABILITIES
Total deposits
$ 2.85 billion
Interest-bearing deposits
$ 2.45 billion
Deposits held in domestic offices
$ 2.85 billion
% insured (estimated)"
67.36%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 119.46 million
Subordinated debt
N.A.
All other liabilities
$ 19.84 millionn
Total Liabilities
$ 3.00 billion
Shareholders’ Equity
$ 348.35 million
Summary Income Statement as of December 31, 2025
INCOME AND EXPENSES
Total Interest Income
$ 198.33 million
Total Interest Expense
$ 95.94 million
Net interest income
$ 102.39 million
Provision for loan and lease losses
$ 1.04 million
Total non interest income
$ 9.33 million
Total non interest expense
$ 53.86 million
Pre-tax Net Operating Income
$ 28.88 million
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