Ion Bank

Ion Bank is a currently active commercial lending specialization banking institution headquartered in Naugatuck, Connecticut. Established in 01/01/1870, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, Ion Bank manages $2.77B in total assets and holds $2.26B in customer deposits. When evaluating the stability of Ion Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 12.10%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 0.85%, while its Return on Equity (ROE) sits at 7.04%. These robust metrics contribute to an overall health score of 8.7 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.