Along Our Journey of Growth
It all started with a group of business people working around a folding card table with the idea that the Farmington Valley needed its own bank. Fast forward over 20 years to where we are today – a leading community bank that has extended those roots to make a difference to individuals and businesses throughout Connecticut and southern New England.
In the early 1990s, Connecticut’s banking community was still trying to recover from a devastating commercial real estate market collapse that resulted in dozens of bank failures. While many of the regions banks were more focused on survival than on their customers, the Bank’s founding directors saw this as an opportunity to realize their vision of a bank that provided expert advice and local decision making on loans to businesses and families while striving to exceed customers’ expectations. United by the passion of their quest, by early 1995, the founding directors had raised enough capital to earn the State Department of Banking’s first new bank charter in six years.
Since 1995, Simsbury Bank has consistently outgrown its space three times to meet the expanding needs of its customers, making 86 Hopmeadow Street its third proud home headquarters in Simsbury.