These banks all reported apartment loans on their most recent federal call report, and all have at least one branch in Connecticut. Banks are the most common source of multifamily financing — five units and up, stabilised or value-add — and most lend close to their branches, so a lender with offices near your building is usually a better first call than a bigger name without them. Expect a bank to want recourse and, usually, a banking relationship; the capital guide compares the alternatives.
Banks Based in Connecticut, Largest Multifamily Books First
25 of 25 qualifying banks are headquartered in Connecticut. These are the lenders whose whole business is this market.
| # | Institution | Multifamily book | Share of investor CRE | Branches in CT | Contact |
|---|---|---|---|---|---|
| 1 | Liberty Bank (CT) | $1.49bn | 44.2% | 50 | Contact available |
| 2 | Bankwell Bank | $378m | 29.8% | 10 | Contact available |
| 3 | First County Bank | $339m | 38.7% | 14 | Contact available |
| 4 | Ion Bank | $304m | 35.9% | 23 | Contact available |
| 5 | Union Savings Bank (Danbury, CT) | $294m | 22.6% | 26 | Contact available |
| 6 | Dime Bank (Norwich, CT) | $141m | 37.4% | 13 | Contact available |
| 7 | Ives Bank | $112m | 30.6% | 16 | Contact available |
| 8 | Patriot Bank, National Association (Connecticut) | $97m | 25.9% | 7 | Contact available |
| 9 | Ascend Bank | $93m | 25.3% | 13 | Contact available |
| 10 | Fairfield County Bank | $93m | 15.4% | 17 | Contact available |
| 11 | The First Bank of Greenwich | $85m | 27.9% | 2 | Contact available |
| 12 | Northwest Community Bank | $79m | 27.7% | 15 | Contact available |
| 13 | Thomaston Savings Bank | $75m | 14.4% | 16 | Contact available |
| 14 | Chelsea Groton Bank | $62m | 27.1% | 14 | Contact available |
| 15 | The Torrington Savings Bank | $48m | 19.2% | 10 | Contact available |
| 16 | Jewett City Savings Bank | $40m | 27.5% | 7 | Contact available |
| 17 | Newtown Savings Bank | $34m | 14.6% | 19 | Contact available |
| 18 | Fieldpoint Private Bank & Trust | $28m | 16.1% | 1 | Contact available |
| 19 | DR Bank | $22m | 19.1% | 2 | Contact available |
| 20 | Windsor Federal Bank | $20m | 10.3% | 11 | Contact available |
| 21 | Essex Bank | $15m | 17.9% | 8 | Contact available |
| 22 | New Haven Bank | $13m | 31.9% | 2 | Contact available |
| 23 | The Milford Bank | $13m | 13.3% | 6 | Contact available |
| 24 | Connecticut Community Bank, National Association | $11m | 12.3% | 10 | Contact available |
| 25 | The National Iron Bank | $4m | 25.0% | 4 | Contact available |
National Lenders With Branches in Connecticut
22 of 22 qualifying banks are headquartered elsewhere but have offices here. The multifamily figure is their national book, so read it alongside the branch count — a large book behind a handful of local offices is a different proposition from a bank with a branch network in the state.
| # | Institution | Multifamily book | Share of investor CRE | Branches in CT | Contact |
|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | $107.32bn | 64.9% | 64 | Contact available |
| 2 | Wells Fargo | $26.55bn | 25.6% | 47 | Contact available |
| 3 | Santander Bank | $9.37bn | 57.9% | 108 | Contact available |
| 4 | Bank of America | $8.46bn | 15.3% | 82 | Contact available |
| 5 | Citizens Bank | $8.04bn | 35.0% | 30 | Contact available |
| 6 | M&T Bank | $7.12bn | 29.5% | 109 | Contact available |
| 7 | Capital One, National Association | $6.94bn | 30.3% | 1 | Contact available |
| 8 | TD Bank | $6.71bn | 28.5% | 50 | Contact available |
| 9 | KeyBank | $5.44bn | 38.5% | 47 | Contact available |
| 10 | Beacon Bank and Trust | $2.24bn | 28.7% | 18 | Contact available |
| 11 | NBT Bank, National Association | $1.50bn | 40.5% | 6 | Contact available |
| 12 | The Northern Trust Company | $1.49bn | 27.6% | 1 | Contact available |
| 13 | Washington Trust Company (Westerly, RI) | $546m | 26.3% | 2 | Contact available |
| 14 | Peoples Bank (MA) | $385m | 31.5% | 7 | Contact available |
| 15 | Centreville Bank | $295m | 27.0% | 7 | Contact available |
| 16 | Westfield Bank | $164m | 18.7% | 4 | Contact available |
| 17 | BNY Mellon, National Association | $109m | 14.0% | 2 | Contact available |
| 18 | TruNorth Bank | $106m | 17.3% | 5 | Contact available |
| 19 | Atlantic Community Bankers Bank | $99m | 23.2% | 1 | Contact available |
| 20 | Magnolia Bank, Incorporated | $28m | 19.9% | 1 | Contact available |
| 21 | Paramount Bank | $3m | 28.5% | 1 | Contact available |
| 22 | Bank of England | $2m | 7.1% | 4 | Contact available |
What this list is, and what it leaves out
A reported balance is not a credit box. Every bank here held apartment loans on 30 June 2026. That is evidence they lend on multifamily — better evidence than a marketing page, because it is what they actually hold — but it is not a commitment to lend on your deal, at your size, in your submarket.
More lenders exist than this page lists. 47 banks qualified in Connecticut. Credit unions, debt funds, agency lenders and life companies also finance apartments and none of them file this report, and plenty of banks lend on multifamily without publishing criteria anywhere. Running your deal through the search covers all of them, not just the banks on this page.
We hold a named lending contact for 47 of them.
Sources. FDIC Call Reports (30 June 2026) and the FDIC Summary of Deposits. A bank appears here if it reported a multifamily balance of $5m or more, or multifamily at 5% or more of its commercial real estate book, and has at least one branch in Connecticut. The dual test is deliberate: a flat dollar floor is a bank-size filter in disguise — a $25m floor passes 86.5% of banks over $10bn and 2.2% of banks under $300m — and would drop the community lenders most likely to look at a smaller apartment deal. Multifamily is the call report's own category for loans secured by five-or-more-unit residential property; it excludes one-to-four-unit rentals, which banks report separately. Multifamily book is institution-level and unprorated: no state split of the loan book is published, so a bank lending in several states shows its full multifamily book on every state page where it qualifies. That is why this page separates banks based in Connecticut from national lenders with branches here, rather than ranking them against each other on a national figure. Branch counts are offices in Connecticut from the Summary of Deposits. Contact availability refers to whether Lender Compass holds a named contact, not to anything the bank publishes.