Fairfield County Bank

What Fairfield County Bank does

Fairfield County Bank is a privately held, state-chartered community bank founded in 1871 and headquartered at 150 Danbury Road, Ridgefield, Connecticut. With $1.9 billion in assets, 101-250 employees, and 17 branch offices spanning Bridgeport, Danbury, Darien, Fairfield, Norwalk, Rowayton, Stamford, Weston, Westport, and Wilton, it serves households, small and medium businesses, non-profits, community associations, and HOAs concentrated in Fairfield County, CT (with adjacent reach into Westchester County, NY). The product suite covers personal checking (Basic, Aspire, Charter, Pinnacle, All Access), savings, money market, CDs, HSAs, debit and credit cards, mortgages and home equity, plus full commercial banking: commercial mortgages, construction loans, lines of credit, term loans, cash management (ACH, Positive Pay, ACH Debit Block, Remote Deposit Capture, lockbox), merchant deposits, wealth management through the Fairfield County Financial Services subsidiary (delivered via Osaic Institutions), and insurance through the wholly-owned Fairfield County Bank Insurance Services, LLC.

The operating model combines physical distribution (17 staffed branches with named Vice President-level branch managers) with a digital platform consisting of online banking, iOS/Android mobile apps with biometric authentication and 256-bit encryption, Zelle P2P, Apple/Google/Samsung Pay, Money Manager 360 PFM, credit-score monitoring, online account opening, and a dedicated Mortgage Center (fairfieldcountybankmortgages.com). Card issuing is outsourced to Elan Financial Services, payments rail access via Early Warning Services (Zelle), and wealth-management product shelf via Osaic Institutions, allowing the bank to offer a full suite without bearing the underlying technology build cost. Credit cards are issued under Elan Financial Services as creditor, with zero fraud liability.

Revenue is generated through net interest income on the lending book (mortgages, commercial, construction, consumer), deposit and transaction fees (monthly maintenance fees waivable on balance or activity thresholds, ATM, wire, overdraft), interchange from Visa debit and credit, cash-management and merchant-services fees, and revenue-sharing from wealth management (Osaic Institutions) and insurance services. Go-to-market is sales-led, relationship-banker-driven, supported by community events (Shred Days, first-time homebuyer seminars), social media (Facebook, LinkedIn, Instagram), press releases, and the Charity of the Month program, which donates an additional $1,000 to a voted-on local non-profit each month. Leadership is Daniel Berta (President) and David A. Schneider (CEO, also Connecticut Bankers Association Board Chairman as of Sept 2024).

Name

Fairfield County Bank

Legal name

Fairfield County Bank

Website

https://www.fairfieldcountybank.com/

Company type

Private

Founded year

1871

Operating status

Operating

Headcount range

101–250 employees

Short description

Fairfield County Bank is a privately held Connecticut-chartered community bank founded in 1871, with $1.9 billion in assets and 17 branches across Fairfield County serving consumers, small and medium businesses, non-profits, and community associations with deposit, lending, mortgage, wealth, and insurance products.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

• Community banking services
• Personal banking products
• Commercial lending services
• Mortgage lending
• Wealth management services

Headquarters

HQ city

Ridgefield

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income generated from lending activities including mortgages, commercial loans, personal loans, and consumer credit. The bank earns interest spreads between what it pays on deposits and what it charges on loans.
2. Non-Interest Income - Deposit Fees: Fee income from deposit account services including monthly maintenance fees (waivable based on balance or transaction thresholds), ATM fees, wire transfer fees, and overdraft fees.
3. Card Services Revenue: Interchange income from Visa debit and credit card transactions, plus merchant services revenue from business card processing.
4. Wealth Management Services: Revenue sharing arrangement with Osaic Institutions for investment products and services including mutual funds, annuities, brokerage accounts, and managed accounts offered through Fairfield County Financial Services.
5. Cash Management and Business Services: Fees from business cash management services, lockbox services, merchant deposits, and other commercial banking services.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Fairfield County Bank is a $1.9 billion community bank founded in 1871 that provides a full range of retail and commercial banking services through 17 branch offices in Fairfield County, Connecticut. Its core offerings span personal and business deposit accounts, mortgage and consumer lending, commercial real estate and business loans, cash management services, wealth management through Osaic Institutions, and insurance services via its subsidiary. Revenue is principally generated from net interest income on loans and deposit-related fees.

Product overview

Fairfield County Bank is a community bank founded in 1871, headquartered in Ridgefield, CT, with $1.9 billion in assets and 17 branch offices throughout Fairfield County. Its product portfolio consists of a unified banking platform supplemented by distinct service modules spanning personal and business banking. Personal banking offerings include Pinnacle Checking, Charter Checking, All Access, Basic Checking, and Aspire Checking accounts, alongside savings, money market, CD, and HSA products, plus personal debit and credit cards. The bank delivers its services through multiple channels: Online Banking (web platform), Mobile Banking (iOS/Android app with Face ID/fingerprint authentication), Bill Pay, Digital Wallet (Apple Pay, Samsung Pay, Google Pay), and Money Manager 360 for personal financial management. A dedicated Mortgage Center (fairfieldcountybankmortgages.com) provides home purchase and refinance products, home equity loans and lines of credit. Business banking includes Commercial Checking, Business All Access, and Non-Profit NOW accounts; Business Money Market; Commercial Mortgages, Construction Loans, Lines of Credit, and Business Loans; Business Debit and Credit Cards; and Cash Management tools (ACH, Positive Pay, ACH Debit Block, Remote Deposit Capture, Lockbox, Wire Transfers, Merchant Deposits). Wealth management services are delivered through Osaic Institutions for Retirement Planning, Education Planning (529 plans), and Estate Planning. Community-facing programs include Charity of the Month and Shred Days. Insurance services are offered through the bank's Insurance Services subsidiary, expanded via acquisitions.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Lines of Credit Commercial revolving lines of credit to support business liquidity with draw-down and repayment flexibility, plus business overdraft protection.
• Personal Checking Accounts A suite of five personal checking account products designed for varied customer segments—from premium balance tiers (Pinnacle) to no-frills basic banking (Basic) to young adults and teens (Aspire, free until age 27). Includes Visa Debit Card, online/mobile banking, and fee waivers based on balance, age, or transaction activity.
• Personal Savings, Money Market, and CD Accounts Personal savings products including a tiered Savings Account ($500 minimum), Money Market Account ($2,500 minimum), and Certificates of Deposit with 91-day to 5-year terms; interest rate is guaranteed until CD maturity and accounts renew automatically.
• Health Savings Account (HSA) Tax-advantaged Health Savings Account for individuals with high-deductible health plans, enabling tax-free contributions and distributions for qualified medical expenses.
• Personal Debit and Credit Cards Fairfield County Bank Visa Debit Card for purchases, ATM access, and digital wallet tap-to-pay (Apple Pay, Google Pay, Samsung Pay); Personal Credit Cards issued through Elan Financial Services with cash back, rewards, or credit-building options and zero fraud liability.
• Mortgage Center Full mortgage lending platform offering home purchase and refinance loans through a team of local mortgage experts, available online and via virtual appointments.
• Home Equity Loans and Lines of Credit Home equity loan and line of credit products enabling homeowners to access the equity in their homes for various financial needs.
• Personal Loans Personal financing solutions including collateral loans against savings or CDs, general consumer loans, and overdraft protection lines.
• Business Checking Accounts Three business checking accounts: Commercial Checking (with optional earnings credit to offset item charges), Business All Access (low transaction volume, $10 monthly fee waivable with $1,000 ADB or 6 POS + 2 bill pay transactions), and Non-Profit NOW (interest-bearing checking designed for non-profit organizations).
• Business Money Market Account Tiered interest-bearing money market account for businesses, earning interest based on balances maintained, managed through Business Online Banking.
• Business Debit and Credit Cards Visa Business Debit Card with spending controls, Visa Zero Liability fraud protection, and employee card management; Business Credit Cards issued through Elan Financial Services offering low rate, cash back, or flexible rewards, free online expense reporting, and no fee for additional employee cards.
• Commercial Mortgages Commercial real estate financing for office, retail, multi-family, and land purchase, with permanent and construction/permanent loan options for acquisition, build, renovation, and expansion.
• Business Construction Loans Construction loans for commercial real estate, retail, wholesale, and warehouse projects with flexible terms and competitive interest rates.
• Business Loans Broad array of business loan programs including term loans for capital needs and Connecticut Economic Development Authority (CDA) loans for businesses not eligible for traditional financing.
• Community Association Solutions Customized banking, financing, and investment solutions for community associations, property managers, and HOAs, including deposit accounts, loans, and cash management fraud protection tools such as ACH Debit Block.
• Cash Management Services Comprehensive online cash management solution for businesses providing 24-hour account access, ACH capabilities, remote deposit capture, Positive Pay fraud protection, wire transfers, and lockbox services.
• Merchant Deposits / Merchant Services Merchant services program facilitating collection of Visa, MasterCard, American Express, and other credit card payments with cost-effective processing.
• Lockbox Service Automated payment collection service where customers send payments to a PO Box, which are collected, processed, and deposited daily, improving funds availability and accounts receivable management.
• Wire Transfers International and domestic wire transfer services including incoming and outgoing transfers, with tracer and confirmation options.
• Retirement Planning Services Wealth management service offered through Osaic Institutions, including certified financial planners, customized fee-based financial plans, and investment products such as stocks, bonds, mutual funds, annuities, IRAs, and 401(k) rollover services.
• Education Planning Services 529 College Savings Plan advisory and education funding planning through Osaic Institutions, offering tax-advantaged college savings with certified financial planner guidance.
• Estate Planning Services Wealth management service through Osaic Institutions enabling preservation and transfer of assets to family and loved ones, with certified financial planners coordinating with legal and tax advisors.
• Insurance Services Insurance products and services offered through Fairfield County Bank Insurance Services, LLC, including personal, small commercial, and specialty insurance with a focus on community associations, property managers, and homeowners associations.

Quantifiable outcome

• 98% high school graduation rate achieved by Jericho Partnership through after-school programs

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Junior Achievement of Greater Fairfield CountyminorStrategic or Co-development Partner · 27 February 2026Partnership celebrating collaboration with Junior Achievement to provide financial literacy education to students in Greater Fairfield County.
• Connecticut State UniversitiesminorStrategic or Co-development Partner · 12 June 2025Partnership to fund Banking Excellence Program supporting banking education and workforce development at Connecticut State Universities.
• HoriznminorStrategic or Co-development Partner · 3 April 2017First bank in the country to launch MobileLearn in collaboration with Horizn in April 2017 - mobile learning platform for customer and employee education.
• Osaic InstitutionscoreStrategic or Co-development PartnerWealth management partnership through Fairfield County Financial Services offering investment products including mutual funds, annuities, stocks, bonds, IRAs, 401(k) rollovers, and fee-based money management programs. Investment and insurance products offered through Osaic Institutions, Inc., Member FINRA/SIPC.
• Elan Financial ServicescoreTechnology or IntegrationCredit card issuing partnership where Elan Financial Services is the creditor and issuer of Visa and Mastercard credit cards offered to personal and business customers. Elan provides zero fraud liability protection for unauthorized transactions.
• Early Warning Services (Zelle)coreTechnology or IntegrationLicensed use of Zelle peer-to-peer payment platform integrated into online and mobile banking for instant money transfers between enrolled users.
• Apple Inc. (Apple Pay)coreTechnology or IntegrationDigital wallet integration allowing customers to add Fairfield County Bank Visa Debit Cards to Apple Pay for contactless payments.
• Google LLC (Google Pay)coreTechnology or IntegrationDigital wallet integration allowing customers to add Fairfield County Bank Visa Debit Cards to Google Pay for contactless payments.
• Samsung Electronics (Samsung Pay)coreTechnology or IntegrationDigital wallet integration allowing customers to add Fairfield County Bank Visa Debit Cards to Samsung Pay for contactless payments.
• Housatonic Community College FoundationminorStrategic or Co-development PartnerFairfield County Bank Scholarship program administered through Housatonic Community College Foundation, now in its fourth class of recipients (Spring 2026).
• Connecticut School of Finance & ManagementminorStrategic or Co-development PartnerEmployee development partnership where bank employees graduate from the Connecticut School of Finance & Management program, with multiple employees graduating each year.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Liberty Bank: Connecticut-headquartered community bank serving individuals and businesses with checking, savings, mortgages, and commercial lending—directly comparable in product mix and regional focus to Fairfield County Bank.
• Chelsea Groton Bank: Connecticut community bank offering personal banking, business banking, mortgages, and wealth services—competing head-to-head with FCB for similar Connecticut consumer and SMB customers.
• Savings Institute Bank & Trust: Connecticut-based community bank within the Berkshire Hills Bancorp network, providing consumer and commercial banking products comparable to FCB's core offerings.
• Thomaston Savings Bank: Connecticut mutual community bank with consumer and business banking, mortgages, and wealth management—closely comparable in scale and product breadth to Fairfield County Bank.
• Essex Savings Bank: Connecticut community bank offering deposit accounts, mortgages, and commercial lending—similar community-bank positioning to FCB with comparable target market.
• Dime Bank: Connecticut-based community bank with consumer and business banking, mortgage, and cash management services—directly overlapping with FCB's product set in the same state.
• Ion Bank: Connecticut community bank serving individuals and small businesses with checking, savings, mortgages, and commercial lending—comparable community banking model in the same geographic market.

Broad incumbents

• Webster Bank: Larger Connecticut-headquartered commercial bank with full retail and commercial banking capabilities—competes directly with FCB in Fairfield County but with significantly broader geographic and product reach.
• M&T Bank: Large regional bank that acquired People's United Bank, giving it substantial Connecticut presence including Fairfield County—competes with FCB across consumer and commercial segments at greater scale.
• Berkshire Hills Bancorp: Regional bank holding company with community banking subsidiaries across the Northeast—overlaps with FCB's product and customer profile but operates with broader geographic scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FairfieldCountyBank
• LinkedInlinkedin.com/company/114246
• Instagraminstagram.com/company/fairfieldcountybank

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fairfield County Bank