Ives Bank (company)

(Redirected from Savings Bank of Danbury)

Ives Bank (formerly Savings Bank of Danbury), is a full-service community bank and mortgage provider serving customers in Connecticut. The bank is headquartered in Danbury, Connecticut and was founded in 1849.[1]

Ives Bank
TypeCorporation
IndustryBanking, Mortgages
Founded1849
HeadquartersDanbury, Connecticut
Number of locations
16
Area served
Connecticut
Key people
Martin G. Morgado (CEO)
SubsidiariesStamford Mortgage Company
Websitewww.ivesbank.com

History

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The bank was founded in 1849 under its current name, and was headquartered at 220 Main Street in what is today known as Downtown Danbury.[2] This location remains the bank's headquarters to this day.[3] The bank has 16 branch offices in Bethel, Brookfield, Danbury, New Fairfield, New Milford, Newtown, Norwalk, Southbury, Stamford and Waterbury.[4] Stamford Mortgage Company, a division of Ives Bank, has a local office on Summer Street in Stamford.[5]

logo until 2024

Savings Bank of Danbury officially rebranded to Ives Bank on November 4, 2024.[6] The bank's new name, Ives Bank, honors the founding family, George W. Ives, and his grandson, the famous composer Charles Ives. The bank was founded in 1849 by George W. Ives and originally operated in the Ives home, which is now owned by the Danbury Museum and Historical Society. The rebranding is part of the bank's growth strategy to gain wider appeal to communities outside of Danbury.[7]

Notes

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  1. "Savings Bank of Danbury/The - Company Profile and News". Bloomberg.com. Retrieved 2023-05-24.
  2. "About Us". Savings Bank of Danbury. Savings Bank of Danbury. Retrieved 2025-06-17.
  3. Bosak, Chris (2017-08-23). "Savings Bank of Danbury to be featured in documentary". NewsTimes. Retrieved 2023-05-24.
  4. "About Us | Southern CT Local Community Savings Bank | Ives Bank". www.ivesbank.com. Retrieved 2025-10-22.
  5. Bosak, Chris (2017-10-11). "Savings Bank of Danbury to open branch in Stamford". NewsTimes. Retrieved 2023-05-24.
  6. Larkin, Gary (12 November 2024). "It's official: Savings Bank of Danbury now Ives Bank". Westchester County Business Journal. Retrieved 4 July 2025.
  7. "Savings Bank of Danbury Officially Rebrands as Ives Bank". www.ivesbank.com. Retrieved 2025-03-27.
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