Chandler Howard thumb 216x277 2359MIDDLETOWN: Forbes Magazine has recognized Liberty Bank as one of “America’s Best Banks”.

Forbes, says it conducted an independent study with the analytics firm Statista, to survey bank customers across the country. More than 25,000 respondents rated trustworthiness, digital services, financial advice, branch services and general satisfaction. According to Forbes banks receiving the highest ratings were awarded the title “Best-In-State” for 2018.

A Liberty release said, “this outstanding honor is a direct reflection of customer opinions and satisfaction toward Liberty Bank in Connecticut.”

Liberty is a mutual bank and was first established in 1825, making it Connecticut’s oldest bank. The bank has more than $4.8 billion in assets and 55 banking offices throughout the central, eastern, shoreline and western areas of the state

Chandler J. Howard, Liberty Bank President and CEO who recently announced his retirement at year's end said, “I want to say thank you and congratulations to the entire Liberty Bank team; they deserve all the recognition for helping us reach yet another milestone.”

In total, 124 banks and 145 credit unions made the final cut, or 2.4 percent of U.S. financial institutions, for the Forbes 2018 “America’s Best Banks” list.