State fee report · Boston Fed
What Connecticut banks and credit unions charge for everyday services, measured against the national Bank Fee Index. Every number comes from verified, published fee schedules.
Executive summary
What the verified data says right now. Each finding is recomputed from live data whenever the index refreshes, and links to the exhibit behind it.
Source: Bank Fee Index, verified published fee schedules. Findings appear only where the sample clears the minimum for a median. Data as of Oct 6, 2026.
Exhibit 1 · Everyday fees
The tick is the median; the shaded band is where the middle half of institutions land. The top bar is Connecticut, the bottom bar is the whole country.
Overdraft (OD)
$30.00same vs US
16 CT institutions · 1 banks, 15 CUs
NSF / Returned Item
$30.00same vs US
25 CT institutions · 6 banks, 19 CUs
Monthly Maintenancesmall sample
$5.00−9% vs US
7 CT institutions · 4 banks, 3 CUs
Non-Network ATM
$1.50−14% vs US
17 CT institutions · 6 banks, 11 CUs
Wire Transfer (Domestic Out)
$25.00same vs US
22 CT institutions · 8 banks, 14 CUs
Wire Transfer (Int'l Out)small sample
$45.00−10% vs US
6 CT institutions · 5 banks, 1 CUs
Stop Payment
$25.00−4% vs US
36 CT institutions · 11 banks, 25 CUs
Cashier's Check
$5.00same vs US
22 CT institutions · 10 banks, 12 CUs
Source: Bank Fee Index, verified published fee schedules. One value per institution; a state median needs at least 5 institutions. “Small sample” marks fewer than 10. Data as of Oct 6, 2026.
Free benchmark
Get the free Connecticut fee benchmark
Leave your email and we'll send you the link to the Connecticut medians against national, updated as new fee schedules are verified.
Exhibit 2 · Position vs national
Each bar is the Connecticut median relative to the national median for the same fee. Right of center means Connecticut institutions typically charge more.
Source: Bank Fee Index, verified published fee schedules. Percent difference between the Connecticut median and the national median. Gaps beyond 50% are pinned to the edge. Data as of Oct 6, 2026.
Exhibit 3 · Banks vs credit unions
Median price at banks and at credit unions for each fee in Connecticut. The gap between the dots is what switching charter would typically save or cost.
Percent is the credit union median relative to the bank median. Gaps beyond 40% are pinned to the edge.
Source: Bank Fee Index, verified published fee schedules. One value per institution; a charter is shown only where it has enough institutions for a median. Data as of Oct 6, 2026.
Exhibit 4 · Economy & regulation
The local economy, what the Boston Fed is hearing from businesses and lenders, and the latest regulator actions that touch fees.
Prices for bank services
+1.9%
vs +2.7% for all consumer prices, 12 months to Dec 2025
Dec 2020 to Dec 2025
Latest published Dec 2025 · BLS consumer price index
Fed funds rate
3.75%
−0.47 pts vs a year ago
Boston Fed Beige Book · August 2026
Economic activity
Nonfinancial services firms noted small revenue gains, and bank loan volume increased a bit. Commercial real estate activity was mostly unchanged, but office leasing showed small improvements. Residential real estate sales improved modestly. Employment edged up, although labor demand was somewhat mixed. Wages rose slightly overall. Output prices continued to rise at a slight pace, with contacts expressing heightened uncertainty about the path of inflation. The outlook was mixed, but became somewhat more pessimistic on balance, with contacts expressing concerns about inflation, conflict in the Middle East, tariffs, and longer-term interest rates.
Nonfinancial Services
Capital expenditures increased marginally on average among contacts in the health-care, software, legal, and accounting industries, and one health-care contact expected further slight increases in capital outlays going forward. Contacts agreed that uncertainty remained elevated, but most carried on with decision-making regardless. The outlook became more optimistic on balance, with contacts in professional services expecting activity to pick up a bit going forward. However, the outlook for higher education appeared increasingly pessimistic.
Source: Bureau of Labor Statistics and Federal Reserve series via FRED; Federal Reserve Beige Book; FDIC, OCC, CFPB and Federal Reserve press releases. Shown as published; we add no estimates.
Exhibit 5 · Coverage & local markets
How many of the state's banks and credit unions have verified fees so far, and the cities with the most. Coverage grows with every monthly pass.
Verified vs monitored
Other Boston district states
Cities with the most verified institutions
Source: Bank Fee Index, verified published fee schedules. Monitored institutions are FDIC-insured banks and NCUA-insured credit unions headquartered in Connecticut. Data as of Oct 6, 2026.
Appendix · Full benchmark table
Medians, the middle half of prices, and the national comparison for each fee category.
| Fee | Connecticut median | Middle half | National median | vs national | Institutions |
|---|---|---|---|---|---|
| Stop Payment | $25.00 | $16.88 – $30.00 | $26.00 | −4% | 36 |
| Debit Card Replacement | $10.00 | $10.00 – $15.00 | $10.00 | in line | 25 |
| NSF / Returned Item | $30.00 | $25.00 – $35.00 | $30.00 | in line | 25 |
| Wire Transfer (Domestic In) | $10.00 | $10.00 – $15.00 | $10.00 | in line | 23 |
| Cashier's Check | $5.00 | $3.13 – $7.38 | $5.00 | in line | 22 |
| Wire Transfer (Domestic Out) | $25.00 | $20.00 – $25.00 | $25.00 | in line | 22 |
| Non-Network ATM | $1.50 | $1.00 – $2.00 | $1.75 | −14% | 17 |
| Deposited Item Return | $20.00 | $15.00 – $25.00 | $15.00 | +33% | 17 |
| Overdraft (OD) | $30.00 | $29.75 – $33.50 | $30.00 | in line | 16 |
| OD Protection Transfer | $5.00 | $5.00 – $5.00 | $5.00 | in line | 13 |
| Paper Statement | $2.00 | $2.00 – $2.75 | $3.00 | −33% | 10 |
| Monthly Maintenance | $5.00 | $3.50 – $6.00 | $5.50 | −9% | 7 |
| Wire Transfer (Int'l Out) | $45.00 | $45.00 – $48.75 | $50.00 | −10% | 6 |
Source: Bank Fee Index, verified published fee schedules. Median and 25th to 75th percentile of one value per institution. Data as of Oct 6, 2026.
Methodology
Sources.Published fee schedules from FDIC-insured banks and NCUA-insured credit unions headquartered in Connecticut. Every fee is read from the institution's own document and verified before it is published.
Statistics.Each institution counts once per fee, so a bank that lists a fee several times does not outweigh one that lists it once. A median needs at least 5 institutions; headline findings need at least 10.
Comparison.The national figure is the same statistic over every institution in the Bank Fee Index. Differences under 1% are shown as in line. Full methodology →
Sep 2021 to Sep 2026
Sep 2026 · Federal Reserve via FRED
Regulatory watch
FEDRulemaking· Oct 2, 2026
Federal Reserve Board announces it will extend, until November 4, the comment period on its proposal to modernize Regulation OFEDRulemaking· Oct 2, 2026
Federal Reserve Board issues enforcement action with Ontario Bancorporation, Inc.FEDRulemaking· Sep 24, 2026
Federal Reserve Board issues enforcement action with former employee of Sandy Spring BankFEDRulemaking· Sep 18, 2026
Federal Reserve Board issues enforcement actions with former employee of Northstar Bank, former employee of American Express Travel Related Services Company, Inc., and former employee of Regions BankFEDRulemaking· Sep 18, 2026
Federal Reserve Board announces termination of enforcement action with SNB Bancshares and Bank of Eufaula18 more fee categories, peer benchmarks by charter, size and district, CSV exports, and the Hamilton workspace.