Jewett City Savings Bank

This is a community-focused bank offering SBA loan programs, personal banking, and small business financing options. You can find expert guidance, loan application support, and financial services tailored to small businesses and local residents.

Appointments are recommended for detailed financial consultations, but walk-in visits are also accommodated during banking hours. It's best to call ahead to ensure dedicated time with a banking specialist.

Jewett City Savings Bank's Jewettcity branch lobby is open Monday–Wednesday 9:00 AM–4:00 PM, Thursday–Friday 9:00 AM–5:00 PM, and Saturday 9:00 AM–Noon. Drive-up hours are Monday–Wednesday 8:00 AM–4:00 PM, Thursday–Friday 8:00 AM–5:00 PM, and Saturday 8:00 AM–Noon. Please confirm with the branch for holiday or special occasion schedules.

There are no fees for basic banking inquiries or consultations, but specific loan processing or application fees may apply depending on the service requested. Details are provided during the application process.

This bank primarily serves residents and small business owners within the region, but they also welcome clients from surrounding areas seeking SBA financing and banking services.

Typically, a minimum personal credit score of 650 is preferred, but approval depends on overall financial health and collateral. Each application is evaluated on a case-by-case basis.

The underwriting process generally takes between 30 to 60 days, depending on the complexity of the loan and completeness of documentation provided by the borrower.

Jewett City Savings Bank is open Saturdays from 9:00 AM–Noon (lobby) and 8:00 AM–Noon (drive-up), but closed Sundays. Contact the branch for holiday hours.

Jewett City Savings Bank is located in Connecticut — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Jewett City Savings Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Jewett City Savings Bank itself, which runs its own lending under its own ownership. If you work at Jewett City Savings Bank, you can claim this listing from this page to manage it.

The core details for Jewett City Savings Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Jewett City Savings Bank before applying. If you represent Jewett City Savings Bank, claim this listing to keep its information up to date.

You can reach Jewett City Savings Bank by phone at (860) 376-4444, or email branch manager Brian Streigle at bstreigle@jcsbank.com or assistant manager Skye Wilcox at swilcox@jcsbank.com. A contact form is also available on jcsbank.com.

Based on its approved SBA loans, Jewett City Savings Bank most often finances businesses in construction & contractors, general retail, real estate & property management, hotels & lodging, and restaurants & food service. This reflects Jewett City Savings Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Jewett City Savings Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Jewett City Savings Bank participates in SBA Express depends on its specific SBA lending authority. Contact Jewett City Savings Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Jewett City Savings Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Jewett City Savings Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Jewett City Savings Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Jewett City Savings Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Jewett City Savings Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Jewett City Savings Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Jewett City Savings Bank weighs this case by case under its own policy, so be upfront about your history and ask Jewett City Savings Bank how it evaluates prior bankruptcies.