Boston Fed · District 1

Bank fees in Connecticut

Name: Connecticut Bank and Credit Union Fees Compared
Creator: Fee Insight

The overdraft median is $2.50 above the national median; NSF is about the same.

institutions with published feesof 91 headquartered in Connecticut: 60
medians fall within the national middle 50%: 14 of 14

Data refreshed Nov 2, 2026

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Local fee benchmarks

Stamford's non-network ATM median is $2.50; Connecticut's is $1.

Non-Network ATM median by market, institutions with a branch thereConnecticut $1, 29 institutions

Connecticut's 8 largest markets by institutions with a branch there; marker size follows that count. Every Connecticut city on the map

Overdraft (OD)NSF / Returned Item Monthly Maintenance Non-Network ATM Stop Payment Wire Transfer (Domestic Out)Paper Statement Debit Card Replacement

Stamford
9 institutions
$2.50
Connecticut
29 institutions
$1
Boston Fed district
112 institutions
$1.50
U.S.
1,649 institutions
$1.50

Who each median counts

Stamford: With a branch in Stamford, wherever headquartered
Connecticut: Headquartered in Connecticut
Boston Fed district: Headquartered in the Boston Fed district
U.S.: Every institution in the index

Stamford

Fee data available for 18 of 23 institutions

Compare Stamford fees

Sources: Branches from the FDIC Summary of Deposits (banks) and NCUA (credit unions). One value per institution: its highest overdraft fee, the middle of its schedule for other fees. A median needs at least 5 institutions.

Connecticut's banks and credit unions

60 of the 91 institutions headquartered in Connecticut have published fees here, and 59 of them have fees that count toward the medians on this page. Figures here count those headquartered institutions, except branches and deposits, which count every institution serving the state.

Banks versus credit unions

Credit unions have lower medians on 8 of 13 fees, among institutions headquartered in Connecticut.

lower at credit unions: 8
lower at banks: 1
about the same: 4

13 fees with both a bank and a credit union median in Connecticut.

Lower at credit unions

Lower at banks

About the same

Fee

Overdraft (OD)

Credit unions $3 lower in Connecticut.

$35

Banks

median of 7

$32

Credit unions

median of 27

One fee with a lower bank median

Paper Statement

$2.25

Banks

median of 10

Credit unions

median of 14

Every fee, banks against credit unions

Bank and credit union medians in Connecticut; the lower median is shaded.
Fee	Banks	Credit unions	Difference
Overdraft (OD)	$35	$32	$3
NSF / Returned Item	$35	$30	$5
Monthly Maintenance	$6.25	$5.50	$0.75
Non-Network ATM	$1.63	$1	$0.63
Wire Transfer (Domestic Out)	$25	$25	Same
Wire Transfer (Int'l Out)	$45	$40	$5
Stop Payment	$30	$25	$5
Cashier's Check	$7	$5	$2
Debit Card Replacement	$10	$10	Same
Deposited Item Return	$20	$20	Same
Wire Transfer (Domestic In)	$15	$10	$5
OD Protection Transfer	$5	$5	Same
Paper Statement	$2.25	$3	$0.75

Fee medians by peer group

Institutions under $300M in assets in Connecticut

Overdraft runs $2.50 below the Connecticut median.

Overdraft (OD)
Group median:
$30
of 20 institutions publishing
State median:
$32.50
of 34 institutions publishing
Difference: $2.50 below
NSF / Returned Item
Group median:
$30
of 27 institutions publishing
State median:
$30
of 42 institutions publishing
Difference: Within 1%
Monthly Maintenance
Group median:
$5.75
of 8 institutions publishing
State median:
$5.50
of 23 institutions publishing
Difference: $0.25 above
Non-Network ATM
Group median:
$1
of 17 institutions publishing
State median:
$1
of 29 institutions publishing
Difference: Within 1%
Wire Transfer (Domestic Out)
Group median:
$25
of 27 institutions publishing
State median:
$25
of 43 institutions publishing
Difference: Within 1%

Difference: the group median against the Connecticut median, up arrow above, down arrow below. Colour shows direction only: above or below the median is not good or bad.

Show all 14

Wire Transfer (Int'l Out)
Group median:
$40
of 17 institutions publishing
State median:
$40
of 31 institutions publishing
Difference: Within 1%
Stop Payment
Group median:
$21.25
of 32 institutions publishing
State median:
$25
of 53 institutions publishing
Difference: $3.75 below
Cashier's Check
Group median:
$4
of 17 institutions publishing
State median:
$5
of 32 institutions publishing
Difference: $1 below
Debit Card Replacement
Group median:
$10
of 25 institutions publishing
State median:
$10
of 42 institutions publishing
Difference: Within 1%
Deposited Item Return
Group median:
$20
of 29 institutions publishing
State median:
$20
of 41 institutions publishing
Difference: Within 1%
Wire Transfer (Domestic In)
Group median:
$10
of 20 institutions publishing
State median:
$10
of 34 institutions publishing
Difference: Within 1%
OD Protection Transfer
Group median:
$5
of 19 institutions publishing
State median:
$5
of 32 institutions publishing
Difference: Within 1%
Paper Statement
Group median:
$2.50
of 12 institutions publishing
State median:
$2.75
of 24 institutions publishing
Difference: $0.25 below
Minimum Balance
Group median:
Too few to compare
of 3 institutions publishing
State median:
$10
of 6 institutions publishing
Difference: Not compared

How groups are counted

Each institution counts once: its highest overdraft fee, the middle of its schedule for other fees.
Size bands come from FDIC and NCUA total assets, bank regulator from the FDIC registry and credit union charter from NCUA.
The Connecticut median counts every institution headquartered in the state that publishes the fee.

Source: Institutions headquartered in Connecticut with verified fees, Bank Fee Index; size, regulator and charter from FDIC and NCUA records. A group median needs at least 8 institutions. Data as of Nov 2, 2026.

Who serves Connecticut

The five largest banks hold 67% of bank deposits in Connecticut. 91 banks and credit unions are headquartered here; 921 bank branches and 248 credit union branches serve the state, wherever headquartered.

Webster Bank, National Association23.5% · $42.7B across 95 branches
Bank of America, National Association23.1% · $41.9B across 82 branches
Manufacturers and Traders Trust Company10.5% · $19.0B across 109 branches
JPMorgan Chase Bank, National Association4.9% · $8.9B across 63 branches
Wells Fargo Bank, National Association4.9% · $8.9B across 47 branches
Every other bank33.1% · $60.2B

56% of the 27 banks hold $1B to $10B in assets

FDIC asset-size groups

50% of the 64 credit unions hold $10M to $100M in assets

NCUA asset-size groups

Source: Institutions headquartered in Connecticut, tracked by Fee Insight. Total assets from FDIC and NCUA data, grouped the way each regulator reports them: the FDIC asset-size groups for banks and the NCUA groups for credit unions. Bank deposits from the FDIC Summary of Deposits, 2026, for branches in Connecticut; credit union branches from NCUA. Leading banks count banks with 10 or more branches in the state.

Fee income

Connecticut bank service charges rose 0.2% from Q2 2025 to Q2 2026. Credit union fee income is a wider measure than bank service charges, so the two charts stay separate and are never added together.

Banks: service charges on deposit accounts

$25.2MQ2 2026

+0.2% from Q2 2025

Credit unions: all fee income

$15.5MQ2 2026

−0.2% from Q2 2025

Source: Institutions headquartered in the state. Banks: service charges on deposit accounts, FDIC call reports. Credit unions: all fee income, NCUA call reports. Credit union year-to-date income is split into quarters; a quarter shows once most institutions have filed.

Free report

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The Connecticut medians against the U.S., sent to you and updated as schedules are verified.

Connecticut versus the Boston district

Higher in Connecticut: deposited item return +⁠$10, minimum balance +⁠$4.50, overdraft +⁠$2.50 and 1 more. Lower in Connecticut: monthly maintenance −⁠$0.50, non-network ATM −⁠$0.50, paper statement −⁠$0.25. The other 7 fees are about the same.

Deposited Item Return
Connecticut $20 (41 inst.) · District $10 (155 inst.)
+$10
Minimum Balance
Connecticut $10 (6 inst.) · District $5.50 (27 inst.)
+$4.50
Overdraft (OD)
Connecticut $32.50 (34 inst.) · District $30 (171 inst.)
+$2.50
NSF / Returned Item
Connecticut $30 (42 inst.) · District $29.25 (192 inst.)
+$0.75
Monthly Maintenance
Connecticut $5.50 (23 inst.) · District $6 (134 inst.)
−$0.50

Connecticut median against the Boston district median, by fee
Fee	Connecticut	District	Gap
Deposited Item Return	$2041 inst.	$10155 inst.	+$10
Minimum Balance	$106 inst.	$5.5027 inst.	+$4.50
Overdraft (OD)	$32.5034 inst.	$30171 inst.	+$2.50
NSF / Returned Item	$3042 inst.	$29.25192 inst.	+$0.75
Monthly Maintenance	$5.5023 inst.	$6134 inst.	−$0.50

What the Fed sees in the district

“Economic activity expanded slightly, with mixed results across sectors.”

Beige Book, Boston district, October 2026 Hamilton sets it beside an institution's own fees

Open the Boston district report

Source: Both medians count institutions by headquarters; the district takes in Connecticut and the rest of the Federal Reserve's Boston district. Medians from each institution's own published schedule, one value per institution; a median needs at least 5. A gap under 1% reads as about the same. Federal Reserve Beige Book, Boston district.

Connecticut versus the U.S.

3 of 14 Connecticut medians sit above the U.S. median. Connecticut medians count institutions headquartered in Connecticut; U.S. medians count every institution in the index.

Overdraft (OD)

$32.50

Median of 34 Connecticut institutions. U.S. $30.

Connecticut institutionsNational middle range

Explore 25 additional Connecticut fee categories in Hamilton.

Method: Findings rank only fees with at least 10 Connecticut institutions. Fees with fewer appear in the list, unranked. The national middle range runs from the 25th to the 75th percentile of U.S. institutions.

National context

Connecticut unemployment was 5.1% in September 2026, against 4.2% for the U.S.

Connecticut

Unemployment rate, against the U.S.

ConnecticutU.S.

Sep 2021 to Sep 2026

Median household income in Connecticut: $96K (2024).

United States

Bank services prices, change over 12 months

Sep 2021 to Sep 2026

+1.0% in the 12 months to Sep 2026, nationally.

Source: BLS unemployment and the BLS CPI for checking accounts and other bank services; Census ACS 2024 median household income. The CPI is national; it has no state figure.

Where does your institution sit?

Hamilton, the Fee Insight workspace, sets an institution's own fees beside institutions its size in Connecticut.

See Hamilton plans Or ask for a demo

From 59 Connecticut banks and credit unions' own published fee schedules, one value per institution; a median needs at least 5 institutions. Data as of Nov 2, 2026. Methodology

Fee

Banks

Credit unions

Difference

Overdraft (OD)

$35

$32

NSF / Returned Item

$35

$30

Monthly Maintenance

$6.25

$5.50

$0.75

Non-Network ATM

$1.63

$0.63

Wire Transfer (Domestic Out)

$25

Same

Wire Transfer (Int'l Out)

$45

$40

Stop Payment

$30

$25

Cashier's Check

Debit Card Replacement

$10

Same

Deposited Item Return

$20

Same

Wire Transfer (Domestic In)

$15

$10

OD Protection Transfer

Same

Paper Statement

$2.25

$0.75

Fee

Connecticut

District

Lower in Connecticut Higher in Connecticut

Gap

Deposited Item Return

$2041 inst.

$10155 inst.

+$10

Minimum Balance

$106 inst.

$5.5027 inst.

+$4.50

Overdraft (OD)

$32.5034 inst.

$30171 inst.

+$2.50

NSF / Returned Item

$3042 inst.

$29.25192 inst.

+$0.75

Monthly Maintenance

$5.5023 inst.

$6134 inst.

−$0.50