Celebrating 150 Years

Your bank yesterday, today and tomorrow.

Since our founding, Jewett City Savings Bank has served the needs of our neighbors, businesses and the community. 

In 2023, we will be celebrating our 150th anniversary through a series of events, specials and much more. Follow us on social media, subscribe to our email newsletter or check back here for updates!

Share your story!

Share your story of working with Jewett City Savings Bank, and you or your business could be featured in our Anniversary celebrations!

Click here to share your story.

Our History

  • 1873 – June 23 – Founded as Jewett City Savings Bank
  • 1873 – December 31 – $41 Thousand in Assets
  • 1873 – Ulysses S. Grant was president
  • 1873 – Panic of 1873
  • 1875 – American Bankers Association (ABA) Founded
  • 1883 – $535 thousand in assets
  • 1884 – Slater Library founded
  • 1886 – Ashland Mill Bridge built
  • 1890 – Moved in new building at 28 Main Street
  • 1893 – $820 thousand in assets
  • 1895 – Jewett City incorporated as a borough of the town of Griswold
  • 1900 – James O. Sweet named President
  • 1903 – $1 million in assets
  • 1907 – Panic of 1907
  • 1913 – $1.3 million in assets
  • 1913 – The Federal Reserve System established
  • 1914 – Rev. Edward N. Anthony named President
  • 1923 – Arthur M. Brown named President
  • 1923 – $2.2 million in assets
  • 1929 – Stock market crash
  • 1930 – August 25th grand opening of 111 Main Street
  • 1930s – The Great Depression
  • 1933 – $2.7 million in assets
  • 1933 – Federal Deposit Insurance Corporation (FDIC) founded
  • 1943 – $3.3 million in assets
  • 1953 – $6.2 million in assets
  • 1963 – $9.9 million in assets
  • 1969 – First ATM debuts in New York
  • 1971 – Quinebaug Valley Community College founded
  • 1972 – Plainfield branch opened April 27th
  • 1973 – Main Office Remodeled for 100th Anniversary
  • 1973 – $24 million in assets
  • 1974 – Brooklyn branch opened July 30th
  • 1983 – $66.9 million in assets
  • 1993 – $117.2 million in assets
  • 1994 – First financial institution in North America offers Internet Banking
  • 1996 – Acquired Jewett City Trust Company
  • 1999 – First website launched
  • 2000 – Online Banking introduced
  • 2000 – Y2K
  • 2001 – Addition to Main office building complete
  • 2001 – 9/11 – 152 Connecticut citizens killed
  • 2003 – $218.1 million in assets
  • 2004 – Founded the JCSB Foundation
  • 2007 – Kevin Merchant named President & CEO
  • 2007 – Dayville branch opened May 7th
  • 2008 – Preston branch opened November 17th
  • 2019 – Pawcatuck branch opened September 19th
  • 2020 – Putnam branch opened September 1st
  • 2020 – COVID-19 Pandemic forces closing of all banks and businesses.
  • 2021 – Michael Alberts appointed President & CEO

150th Anniversary News & Updates

More 150th News & Updates

You Life. Your Bank.

 Use our information request form, visit any of our offices, or give us a call at 860-376-4444 and find out how Jewett City Savings Bank can help you.