Headquartered in Milford, Connecticut, The Milford Bank is a si with $652.0M in total assets and $511.4M in deposits as of Q2 2026. It operates 6 offices. Its charter dates back to 1872.
The Milford Bank has a TellerScore of 63 out of 100 (moderate) based on Q2 2026 data — higher than only 24% of its 2,650 banks with $100 million – $1 billion. Among 27 banks headquartered in Connecticut, it ranks 17th. Problem-loan coverage contributes the most (92/100, 4.1%); earnings contributes the least (46/100, 0.65%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 2 points (65 → 63), mostly because the loan quality component weakened by 9 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 63 |
| Q3 2024 | 63 |
| Q4 2024 | 62 |
| Q1 2025 | 64 |
| Q2 2025 | 65 |
| Q3 2025 | 63 |
| Q4 2025 | 63 |
| Q1 2026 | 65 |
| Q2 2026 | 63 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.56% |
| Q3 2024 | 9.60% |
| Q4 2024 | 9.47% |
| Q1 2025 | 9.50% |
| Q2 2025 | 9.59% |
| Q3 2025 | 9.57% |
| Q4 2025 | 9.55% |
| Q1 2026 | 9.83% |
| Q2 2026 | 9.94% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.21% |
| Q3 2024 | 0.25% |
| Q4 2024 | 0.33% |
| Q1 2025 | 0.27% |
| Q2 2025 | 0.22% |
| Q3 2025 | 0.27% |
| Q4 2025 | 0.33% |
| Q1 2026 | 0.24% |
| Q2 2026 | 0.49% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.25% |
| Q3 2024 | 0.32% |
| Q4 2024 | 0.34% |
| Q1 2025 | 0.66% |
| Q2 2025 | 0.59% |
| Q3 2025 | 0.60% |
| Q4 2025 | 0.56% |
| Q1 2026 | 0.65% |
| Q2 2026 | 0.65% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 63 | $652.0M | 9.94% | 0.49% | 0.65% | 100.8% |
| Q1 2026 | 65 | $652.7M | 9.83% | 0.24% | 0.65% | 97.8% |
| Q4 2025 | 63 | $644.3M | 9.55% | 0.33% | 0.56% | 99.7% |
| Q3 2025 | 63 | $647.3M | 9.57% | 0.27% | 0.60% | 101.4% |
| Q2 2025 | 65 | $634.1M | 9.59% | 0.22% | 0.59% | 97.6% |
| Q1 2025 | 64 | $628.8M | 9.50% | 0.27% | 0.66% | 95.8% |
| Q4 2024 | 62 | $624.8M | 9.47% | 0.33% | 0.34% | 93.2% |
| Q3 2024 | 63 | $613.6M | 9.60% | 0.25% | 0.32% | 91.4% |
| Q2 2024 | 63 | $600.3M | 9.56% | 0.21% | 0.25% | 88.5% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Connecticut
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Essex BankBank Essex, CT | 72 out of 100, Strong | $536.6M | 12.9% | 1.27% | vs |
| Connecticut Community Bank, National AssociationBank Norwalk, CT | 75 out of 100, Strong | $526.0M | 13.1% | 0.02% | vs |
| Stafford Savings BankBank Stafford Springs, CT | 95 out of 100, Very strong | $507.0M | 50.6% | 0.56% | vs |
| Jewett City Savings BankBank Jewett City, CT | 69 out of 100, Moderate | $493.9M | 14.4% | 1.01% | vs |
| The First Bank of GreenwichBank Cos Cob, CT | 49 out of 100, Below average | $812.3M | 9.3% | 1.30% | vs |
| Fieldpoint Private Bank & TrustBank Greenwich, CT | 34 out of 100, Low | $867.1M | 6.6% | 1.93% | vs |
Deposit insurance
Is my money safe at The Milford Bank?
Yes. The Milford Bank is an FDIC-insured institution (FDIC certificate #16101). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 15.0% of deposits ($76.5M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 9.94%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 15.51% (benchmark: 10%).
6 locations
Branches
The Milford Bank lists 5 offices in 2 cities. Most locations:
- Milford, CT (4)
- Stratford, CT (1)
HMDA 2025
Mortgage lending
In 2025, The Milford Bank reported 154 home-loan applications under HMDA (LEI 549300M6EHOPLD2SFD66): 112 originated ($45,600,000 total), 32 denied, and 10 withdrawn or closed by the applicant. Its denial rate on decided applications was 22.2%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- The Milford Bank
- Former names
- Milford Savings Bank
- Type
- SI
- FDIC certificate #
- 16101
- RSSD ID
- 258306
- Primary regulator
- FDIC
- Established
- January 1, 1872
- Headquarters
- 33 Broad St, Milford, CT 06460
- Website
- www.milfordbank.com
- Employees
- 82
Quick answers
The Milford Bank: common questions
Is The Milford Bank FDIC insured?
Yes. The Milford Bank is an FDIC-insured institution (FDIC certificate #16101). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The Milford Bank's TellerScore?
63 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has The Milford Bank ever failed?
There is no failure record for FDIC certificate #16101 in the FDIC failed bank list.
How many branches does The Milford Bank have?
6 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Milford
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| New Haven Teachers Federal Credit UnionCredit union New Haven, CT | 90 out of 100, Very strong | $10.2M | 32.0% | 0.13% | vs |
| New Haven Firefighters Credit UnionCredit union New Haven, CT | 89 out of 100, Very strong | $5.9M | 26.3% | 0.00% | vs |
| Bridgeport Police Federal Credit UnionCredit union Bridgeport, CT | 86 out of 100, Very strong | $29.6M | 18.7% | 1.65% | vs |
| Sikorsky Financial Credit UnionCredit union Stratford, CT | 84 out of 100, Strong | $1.5B | 12.9% | 0.25% | vs |
| East End Baptist Tabernacle Federal Credit UnionCredit union Bridgeport, CT | 82 out of 100, Strong | $140K | 14.8% | 0.00% | vs |
| Liberty BankBank Middletown, CT | 79 out of 100, Strong | $9.4B | 13.4% | 0.32% | vs |