Ives Bank (company)
| Company type | Mutual savings bank |
|---|---|
| Industry | Banking, Mortgage lending |
| Founded | 1849 |
| Headquarters | Danbury , United States |
Area served | Connecticut |
| Products | Banking, Mortgage lending |
| Website | ivesbank |
Ives Bank (previously known as Savings Bank of Danbury), established in 1849, is a comprehensive community banking institution and mortgage lender headquartered in Danbury, Connecticut. The bank manages 22 branches throughout Connecticut and includes subsidiaries such as SBD Bank and Stamford Mortgage Company, which were incorporated into the organization in 2010.
History
Founded in 1849 at its present location of 220 Main Street in Downtown Danbury, Ives Bank has sustained a significant local footprint. In November 2024, the bank transitioned its name from Savings Bank of Danbury to Ives Bank to pay tribute to its founder George W. Ives and his grandson, the composer Charles Ives. This renaming aligns with the bank’s strategic initiative to broaden its market reach beyond Danbury into wider areas across Connecticut.