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Community Reinvestment Act (CRA) Rating
Latest Exam: April 1, 2019
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
April 1, 2019
Satisfactory
June 1, 2015
Satisfactory
February 1, 2012
Satisfactory
November 1, 2007
Outstanding
December 1, 2004
Satisfactory
November 1, 2001
Satisfactory
January 1, 2000
Satisfactory
July 1, 1997
Satisfactory
September 1, 1995
Satisfactory
October 1, 1993
Satisfactory
💰 Financial Strength
Total Assets$7.18 Billion
Total Deposits$5.69 Billion
Equity Capital$775.26 Million
Net Income$45.75 Million
📈 Performance
ROA0.84%
ROE8.02%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
Address151 Asylum Street Hartford, Connecticut 6103
📋 Corporate Structure
Established01/01/1858
FDIC Cert18203
Holding CoUnited Financial Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeNovember 20, 2019
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 4:00 PM
Tuesday9:00 AM - 4:00 PM
Wednesday9:00 AM - 4:00 PM
Thursday9:00 AM - 6:00 PM
Friday9:00 AM - 5:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2018
Relocation
Moved HQ to: 151 Asylum Street, Hartford, CT 06103.
2018
Name Change
Name became: Changed Institution Name To United Bank.
2014
Merger / Acquisition
Acquired: United Bank
2014
Name Change
Name became: Changed Institution Name To Rockville Bank.
2006
Name Change
Name became: Changed Institution Name To Rockville Bank.
2006
Relocation
Moved HQ to: 25 Park Street, Vernon Rockville, CT 06066.
1975
Name Change
Name became: Changed Institution Name To The Savings Bank Of Rockville.