FBNK Profile
First Connecticut Bancorp, Inc (FBNK) is a bank holding company that provides commercial and consumer banking services to businesses, individuals, and governments. The company offers a range of deposit products, including checking, savings, and money market accounts, as well as certificates of deposit. Its loan portfolio comprises commercial loans, residential mortgages, and consumer loans, such as installment and automobile loans. The bank also offers investment and insurance products through a third-party provider.
Headquartered in Farmington, Connecticut, First Connecticut Bancorp operates through its subsidiary, Farmington Bank, which has over 20 branches located throughout central Connecticut. The bank's services are primarily focused on small and medium-sized businesses and consumers, with a particular emphasis on serving the needs of its local communities.
First Connecticut Bancorp was founded in 1851 and has grown through a series of mergers and acquisitions over the years. The company went public in 2011 and is listed on the NASDAQ stock exchange under the ticker symbol FBNK. As of September 30, 2021, First Connecticut Bancorp had total assets of $3.9 billion and total deposits of $3.3 billion. The company employs over 300 people and is committed to providing exceptional service and financial solutions to its customers.
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