This institution is no longer active

Operations ceased on May 21, 1993. CRA examination history below reflects the period it was active.

NEW ENGLAND SAVINGS BANK

NEW LONDON, CT · Supervised by FDIC

Est. 1827FDIC #18,257RSSD: FDIC-18257

Part ofNESB CORP→ View all charters

Satisfactory

Current rating · Exam: August 1990

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.02%

Institution Profile

FDIC BankFind

Address

63 Eugene O'Neill Drive, NEW LONDON, CT

County

New London County

Established

May 1, 1827

Total Assets

$915M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

August 8, 1990

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 35 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 1993Call Report / FDIC

Total Assets

$915M

Total Deposits

$721M

Net Loans

$614M

Net Income

$42K

ROA

0.02%

ROE

7.81%

Risk-Based Capital

0.63%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

Mortgage Denial Rate6.63%Peer avg: 7.63%▲ Above avg

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Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2018	2,520	76.51%	6.63%

2024 national avg denial rate: 23.75% · Small bank avg: 7.63% · above-average shown in red

This is the only examination on record for this bank.

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