The Bank of New Canaan is a wholly owned subsidiary of BNC Financial Group, Inc. BNC Financial Group, Inc. was established in 2007 and has The Bank of New Canaan and The Bank of Fairfield as its subsidiaries.
The Bank of New Canaan was founded in 2002 and has two branches located in New Canaan, Connecticut. It is a locally owned and managed commercial bank that serves the personal finance, business banking and lending needs of consumers and businesses in New Canaan and the surrounding area. It is founded on the principles of providing exceptional service to its customers and adding value to the community, and, as reported in the June 2007 FDIC Comparative Deposit Data Report, ranks second in New Canaan for deposit market share.
The Bank of New Canaan is a strong, well-capitalized and profitable community bank with no exposure to sub-prime loans or investments in any financial instruments tied to sub-prime loans. In fact, the bank’s investment portfolio consists exclusively of investment-grade, U.S. government agency bonds.
The bank's Board of Directors are your friends and neighbors as well as local business leaders. They are concerned for the well being of the bank and the community it serves.
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2007 Proxy
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