Ives Bank (company)
| Company type | Corporation |
|---|---|
| Industry | Banking, Mortgages |
| Founded | 1849 |
| Headquarters | Danbury, Connecticut |
Number of locations | 22 |
Area served | Connecticut |
Key people | Martin G. Morgado (CEO) |
| Subsidiaries | SBD Bank, Stamford Mortgage Company |
| Website | www |
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]
History
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 22 locations, and owns the subsidiaries SBD Bank and the Stamford Mortgage Company, which it acquired in 2010.[4]
Savings Bank of Danbury officially rebranded to Ives Bank on November 4, 2024.[5] 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.[6]
Notes
- ^ "Savings Bank of Danbury/The - Company Profile and News". Bloomberg.com. Retrieved 2023-05-24.
- ^ "About Us". Savings Bank of Danbury. Savings Bank of Danbury. Retrieved 2025-06-17.
- ^ Bosak, Chris (2017-08-23). "Savings Bank of Danbury to be featured in documentary". NewsTimes. Retrieved 2023-05-24.
- ^ Bosak, Chris (2017-10-11). "Savings Bank of Danbury to open branch in Stamford". NewsTimes. Retrieved 2023-05-24.
- ^ Larkin, Gary (12 November 2024). "It's official: Savings Bank of Danbury now Ives Bank". Westchester County Business Journal. Retrieved 4 July 2025.
- ^ "Savings Bank of Danbury Officially Rebrands as Ives Bank". www.ivesbank.com. Retrieved 2025-03-27.