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Essex Bank is an FDIC insured institution headquartered at
35 Plains Rd, Essex, CT 06426.
It was founded in
1851 and has approximately $1 billion in assets. Customers can open an account at one of its 6 branches.
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
Savings
|
0.02% | $2,500 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
0.10% | $10,000 | Compare |
|
6 Mo CD
|
0.10% | $100,000 | Compare |
|
12 Mo CD
|
0.15% | $10,000 | Compare |
|
12 Mo CD
|
0.15% | $100,000 | Compare |
|
18 Mo CD
|
0.25% | $10,000 | Compare |
|
18 Mo CD
|
0.25% | $100,000 | Compare |
|
24 Mo CD
|
0.30% | $10,000 | Compare |
|
24 Mo CD
|
0.30% | $100,000 | Compare |
|
36 Mo CD
|
0.35% | $10,000 | Compare |
|
36 Mo CD
|
0.35% | $100,000 | Compare |
|
60 Mo CD
|
0.50% | $10,000 | Compare |
|
60 Mo CD
|
0.50% | $100,000 | Compare |
| MM RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
0.04% | $2,500 | Compare |
|
Money Market
|
0.04% | $10,000 | Compare |
|
Money Market
|
0.04% | $25,000 | Compare |
| VARIABLE IRA RATES | APY | MIN |
|---|---|---|
|
Var IRA
|
0.03% | $1 |
| INT CHECKING RATES | APY | MIN |
|---|---|---|
|
Int Ckg
|
0.04% | $1 |
|
Int Ckg
|
0.04% | $2,500 |
| #1 Non-bank HELOC in the US, A+ BBB Rating | $0 |
|
Intro APR: 6.540 %
After Intro:6.540 % Intro Period: 6 months |
$5,000 |
|
Intro APR: 6.750 %
After Intro:6.750 % |
$25,000 |
|
Intro APR: 6.823 %
After Intro:6.823 % |
$25,000 |
Figure Home Equity NMLS ID: 1717824 / Updated 2025-09-22 |
Intro APR: 6.950 %
After Intro:6.950 % |
$15,000 |
District Lending NMLS ID: 598623 / Updated 2026-06-23 |
Intro APR: 6.950 %
After Intro:6.950 % |
$15,000 |
|
Intro APR: 6.950 %
After Intro:6.950 % |
$15,000 |
Four Leaf Federal Credit Union NMLS ID: 449104 / Updated 2025-12-22 |
Intro APR: 5.990 %
After Intro:7.000 % Intro Period: 12 months |
$25,000 |
|
Intro APR: 7.375 %
After Intro:7.375 % Intro Period: 7 months |
$25,000 |
| Cash in with a HELOC | $0 |
| HELOC approval in 5 minutes, funding in 5 days. Borrow up to $750k online. | $0 |
District Lending NMLS ID: 598623 / Updated 2026-07-17 |
Work with a human | $0 |
Unlock Technologies, Inc. NMLS ID: Not a Lender / Updated 2026-07-17 |
Get cash now in exchange for a percentage of your homes future equity. | $0 |
AmeriSave Mortgage Corporation NMLS ID: 1168 / Updated 2026-07-17 |
Use Home Equity to get cash you need | $0 |
CrossCountry Mortgage, LLC NMLS ID: 3029 / Updated 2026-07-17 |
Unlock Your Home's Potential | $0 |
Spring EQ NMLS ID: 1464945 / Updated 2026-07-17 |
The leader for homeowners tapping cash from their homes since 2016. | $0 |
| 6.096% |
$1,893
Fees & Points
$7,699 Total
1.000 Pts ($3,200) $4,499 Fees |
Optimum First Mortgage NMLS ID: 240415 |
6.142% |
$1,919
Fees & Points
$4,926 Total
0.916 Pts ($2,931) $1,995 Fees |
| 6.203% |
$1,919
Fees & Points
$6,995 Total
0.875 Pts ($2,800) $4,195 Fees |
Saxton Mortgage NMLS ID: 1717191 |
6.235% |
$1,945
Fees & Points
$3,871 Total
0.805 Pts ($2,576) $1,295 Fees |
Basis Lending, LLC NMLS ID: 2463124 |
6.305% |
$1,945
Fees & Points
$6,314 Total
0.875 Pts ($2,800) $3,515 Fees |
Copperstate Home Loans NMLS ID: 1982090 |
6.322% |
$1,971
Fees & Points
$2,559 Total
0.375 Pts ($1,200) $1,359 Fees |
| 6.346% |
$1,971
Fees & Points
$3,367 Total
0.724 Pts ($2,317) $1,050 Fees |
Barrett Financial NMLS ID: 181106 |
6.368% |
$1,971
Fees & Points
$3,995 Total
0.375 Pts ($1,200) $2,795 Fees |
Watermark Home Loans NMLS ID: 1838 |
6.381% |
$1,971
Fees & Points
$4,540 Total
0.910 Pts ($2,912) $1,628 Fees |
Northpointe Bank NMLS ID: 447490 |
6.384% |
$1,971
Fees & Points
$4,534 Total
0.981 Pts ($3,139) $1,395 Fees |
Mutual of Omaha Mortgage NMLS ID: 1025894 |
6.400% |
$1,945
Fees & Points
$9,430 Total
0.822 Pts ($2,630) $6,800 Fees |
| 6.450% |
$1,997
Fees & Points
$2,528 Total
0.790 Pts ($2,528) $0 Fees |
| 6.457% |
$1,997
Fees & Points
$2,983 Total
0.546 Pts ($1,747) $1,236 Fees |
Simply PMG NMLS ID: 133739 |
6.458% |
$1,997
Fees & Points
$2,773 Total
0.462 Pts ($1,478) $1,295 Fees |
Beeline Loans, Inc. NMLS ID: 1799947 |
6.461% |
$1,997
Fees & Points
$2,883 Total
0.901 Pts ($2,883) $0 Fees |
Loansteady NMLS ID: 1701910 |
6.467% |
$1,997
Fees & Points
$3,095 Total
0.500 Pts ($1,600) $1,495 Fees |
Farmers Bank of Kansas City NMLS ID: 613839 |
6.469% |
$1,997
Fees & Points
$3,176 Total
0.744 Pts ($2,381) $795 Fees |
PenFed Credit Union NMLS ID: 401822 |
6.506% |
$1,997
Fees & Points
$4,395 Total
0.750 Pts ($2,400) $1,995 Fees |
Allied Mortgage Group, Inc. NMLS ID: 1067 |
6.702% |
$2,049
Fees & Points
$2,534 Total
0.792 Pts ($2,534) $0 Fees |
|
Fees & Points
Total
Pts ($0) $0 Fees |
Beeline Loans, Inc. NMLS ID: 1799947 |
Fees & Points
Total
Pts ($0) $0 Fees |
CrossCountry Mortgage NMLS ID: 3029 |
Fees & Points
Total
Pts ($0) $0 Fees |
Allied Mortgage Group, Inc. NMLS ID: 1067 |
Fees & Points
Total
Pts ($0) $0 Fees |
Veterans United Home Loans NMLS ID: 1907 |
Fees & Points
Total
Pts ($0) $0 Fees |
Rocket Mortgage NMLS ID: 3030 |
Fees & Points
Total
Pts ($0) $0 Fees |
Quicken Loans NMLS ID: 167283 |
Fees & Points
Total
Pts ($0) $0 Fees |
| FDIC Insured | Yes |
| FDIC Certificate | # 17262 |
| Date Established | 1851 |
| Assets | $ 519.87 million |
| Loans | $ 363.51 million |
| Deposits | $ 434.74 million |
| Capital | $ 73.56 million |
| ASSETS | |
| Cash & Balances due from depository institutions | $ 73.79 million |
| Interest-bearing balances | $ 67.40 million |
| Total securities | $ 48.84 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 363.51 million |
| Loan loss allowance | $ 3.37 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 13.79 million |
| All other assets | $ 6.67 million |
| Total Assets | $ 446.31 million |
| LIABILITIES | |
| Total deposits | $ 434.74 million |
| Interest-bearing deposits | $ 272.73 million |
| Deposits held in domestic offices | $ 434.74 million |
| % insured (estimated)" | 84.34% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 3.05 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 6.85 millionn |
| Total Liabilities | $ 446.31 million |
| Shareholders’ Equity | $ 73.56 million |
| INCOME AND EXPENSES | |
| Total Interest Income | $ 21.91 million |
| Total Interest Expense | $ 4.63 million |
| Net interest income | $ 17.28 million |
| Provision for loan and lease losses | $ 0.24 million |
| Total non interest income | $ 25.64 million |
| Total non interest expense | $ 36.26 million |
| Pre-tax Net Operating Income | $ 1.72 million |
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