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New Haven Bank to Open New Branch in West Haven

By Nika Cataldo | October 4, 2023 | Reprints | Unlock Link | Print

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New Haven Bank will open its second branch in West Haven in late October to early November as part of its goal to aid underserved communities.

The CDFI’s new branch will be located at 636 Campbell Ave. in West Haven, and will have a drive-through ATM. The bank said it supports growth for areas like West Haven “that are not adequately represented by community-centric lending and relationship banking.”

“New Haven Bank conducts more than 60 percent of our business in low- to moderate-income neighborhoods,” Maureen A. Frank, the bank’s president and CEO, said in a statement. “Whether this takes the form of loans for small businesses or savings products for individuals, we work to help every member of the communities we serve to become more financially self-sufficient and successful.”

“We strive to be a catalyst for economic growth in New Haven and nearby neighborhoods, and we’re proud to be bringing community banking to West Haven,” she added.