About GSB

In 1875, leading town figures and prominent business owners from Westbrook to East Haven established the Guilford Savings Bank. In the early years, it operated out of the Monroe Store on the corner of Boston and Whitfield Streets where the Page Hardware now stands. Beverly Monroe, the bank’s first treasurer and second president, used a safe in the back of the dry goods store to hold deposits. The Bank founders had deep ties to the community and wanted to support local farmers and craftsmen to ensure that the Shoreline town continued to thrive. By providing a safe and secure vehicle for savings and loans, they helped local families and business owners prosper.

Nearly 150 years later, GSB has grown from its modest roots to become a true Connecticut community bank with eight banking locations and a vibrant digital banking experience that has expanded our reach across Connecticut and into neighboring states.

In 2019, GSB reorganized into a mutual holding company to remain an independent banking intuition with greater flexibility to engage in strategic transactions and raise capital.

Today, GSB is a $1 Billion dollar bank with eight convenient branches, and is trusted by more than 20,000 consumer and business clients in Connecticut to serve and advise on their financial needs.