CT Banks See Excess Deposits Grow for Second Year
With many banks struggling to match these deposits with loan growth, this excess liquidity could grow into a concern for in the coming quarters.
Leading a New Entry into Market
As regional president for NBT Bank in Connecticut, Andreas Kapetanopoulos has found that prospective clients often ask the same three questions: Where is the bank based? What does NBT stand for? And where is your closest branch?
Deposit Surge Continued in Fourth Quarter
Connecticut banks saw the pandemic-related deposit surge continue in the fourth quarter, as the year ended with an 18 percent increase in deposits compared to 2019.
