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Key Milestones in the History of Essex Bank

1851


Founded by a group of shipmasters, businessmen, and entrepreneurs to serve the needs of the community, especially those involved in the maritime trade.

1995


Launched the Community Investment Program, becoming the first bank in Connecticut to voluntarily donate a percentage of its profits to local non-profits.

1999


Expanded its services by adding a trust department.

2003


Introduced Essex Financial, a subsidiary offering investment advisory services.

2017


The trust department was rebranded as Essex Trust.

2025


Updated name to Essex Bank to better reflect its growing suite of financial services.

The First President of Essex Bank

Henry L. Champlin, the first president of the Bank, was one of the most accomplished sea captains of his time. He was shipmaster and owner of the first London line of packets from New York, of which he was commander for many years, never losing a vessel. After retiring from seafaring, he continued as a successful ship owner and built a beautiful home on Champlin Square in Essex.

First President of Essex Bank, Henry Champlin

Image courtesy of the Paul Foundation

A Deep Commitment to our Communities

Jonathan Tobin with his wife and children
Essex Bank Customers | The Tobin Family

Throughout the years, decades, and centuries, Essex Bank has played a vital part in the lives of those in the communities we serve. We have taken pride in helping our customers build their homes, educate their children, and create livelihoods that contribute to the prosperity of the Connecticut Shoreline and River Valley.

A Full Complement of Financial Products and Services

Essex Bank officer with Frank Serio of Cliff's Quality Meats
Essex Bank Customer | Cliff's Quality Meats

As the needs of people in our communities expand and evolve, Essex Bank answers with a full complement of financial products and services – including business banking, trust, and investment services. With each offering, in every conversation, the Essex Bank team never loses sight of our forefathers’ goal – being an integral part of the community fabric while making a genuine commitment to personal relationships.

 

A Shared Vision Between the Bank and Its Customers

Essex Bank officer with Gene Chmiel of Black Hall Outfitters
Essex Bank Customer | Gene C.

Within each customer relationship – individuals, families, businesses, and nonprofit organizations – is a shared belief in the value of partnership. We appreciate those entrepreneurs who had this original vision, to create a concept in banking that has withstood the test of time. Essex Bank is grateful to our customers, directors, trustees, officers, and employees who carry on the mission – providing service and trust to our community, and making this such a special place to be a part of.