The First National Bank of Suffield

Suffield, United States Founded: 1864 • Age: 162 yrs Acquired By PeoplesBank
Retail and business community bank

About The First National Bank of Suffield

The First National Bank of Suffield is a company based in Suffield (United States) founded in 1864 was acquired by PeoplesBank in July 2018.. The First National Bank of Suffield offers products and services including Personal Checking, Personal Savings, Business Loans, and Mortgage Loans. The First National Bank of Suffield operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.

  • Headquarter Suffield, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    PeoplesBank

    (Jul 17, 2018)

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Products & Services of The First National Bank of Suffield

The First National Bank of Suffield offers a comprehensive portfolio of products and services, including Personal Checking, Personal Savings, Business Loans, and Mortgage Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Account for managing personal finances and daily transactions

Account to build savings with competitive interest rates

Loans to support business operations and growth needs

Home financing options with flexible terms and rates

Funding Insights of The First National Bank of Suffield

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in The First National Bank of Suffield

The First National Bank of Suffield has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PeoplesBank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
PeoplesBank is recognized as a provider of personal and business banking services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by The First National Bank of Suffield

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - The First National Bank of Suffield

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

The First National Bank Of Suffield Comparisons

Employees
+
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Competitors of The First National Bank of Suffield

The First National Bank of Suffield operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wealth advisory and banking services are offered to clients.
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
domain founded_year HQ Location
Regional bank
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on The First National Bank Of Suffield

Frequently Asked Questions about The First National Bank of Suffield

When was The First National Bank of Suffield founded?

The First National Bank of Suffield was founded in 1864.

Where is The First National Bank of Suffield located?

The First National Bank of Suffield is headquartered in Suffield, United States. It is registered at Suffield, Connecticut, United States.

What does The First National Bank of Suffield do?

The First National Bank of Suffield was founded in 1864 in Suffield, United States, as a community-oriented institution. Retail and business banking operations are conducted, with services encompassing deposits, loans, and financial products tailored to local needs. Focus is placed on supporting regional customers through traditional banking practices. The banks online presence is maintained via fnbanksuffield.com, serving the surrounding area in the financial sector.

Who are the top competitors of The First National Bank of Suffield?

The First National Bank of Suffield's top competitors include Truist, Investec and Citi.

What products or services does The First National Bank of Suffield offer?

The First National Bank of Suffield offers Personal Checking, Personal Savings, Business Loans, and Mortgage Loans.

Who are The First National Bank of Suffield's investors?

The First National Bank of Suffield has 1 investor. Key investors include PeoplesBank.

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