Savings Bank of Danbury Officially Rebrands as Ives Bank on November 4, 2024

DANBURY, Conn. - Nov. 5, 2024 - PRLog -- Savings Bank of Danbury, headquartered in Danbury with 16 locations throughout Connecticut and which has served the region for 175 years, has re-branded and is officially Ives Bank as of November 4, 2024.

This change reflects their commitment to innovation and growth while maintaining the core values and services the community has come to trust. You'll notice new signage, updated materials, and a refreshed look, but everything else remains the same. As the oldest continually operating business in Danbury, they are proud of their connections to this city, which will continue to be the Bank's headquarters.

The Bank's new name is one that is familiar throughout the region. The Ives name has been an integral part of the history of Savings Bank of Danbury since its founding in 1849. The Charles Ives home, now owned by the Danbury Museum and Historical Society, was the home of several generations of the Ives family.  The Bank first opened for business in June of 1849 in the Ives home and George W. Ives served as the bank's Secretary-Treasurer from 1849 to 1860.  Perhaps the best known of the Ives Family, however, was George Ives' grandson Charles Ives, a noted modernist composer who was born at the home in 1874.  The Bank has been a key sponsor of the rehabilitation of the original Ives home.

"We are proud of our 175 year history in the region and look forward to charting our future as Ives Bank," said President & CEO Martin G. Morgado, adding, "Ives Bank will continue to be an active partner in the communities we serve and our Ives Bank Foundation will continue to support the incredible non-profit organizations that enrich our communities. Our team and community are excited about the rebranding and continuing to grow as Ives Bank."

About Ives Bank

Established in 1849 and headquartered at 220 Main Street, Danbury, Ives Bank is a mutual savings bank with assets in excess of $1.6 billion.  Ives Bank has 16 branch offices in Bethel, Brookfield, Danbury, New Fairfield, New Milford, Newtown, Norwalk, Southbury, Stamford, and Waterbury. Stamford Mortgage Company, a division of Ives Bank, has a local office on Summer Street in Stamford.  Ives Bank is committed to serving their community.