Connecticut Mutual Holding Company (CMHC) was established in 2001 as the registered bank holding company for three wholly-owned bank subsidiaries: Northwest Community Bank, Litchfield Bancorp, and Collinsville Bank.
As of January 2021, Northwest Community Bank, Litchfield Bancorp – A Division of Northwest Community Bank, and Collinsville Bank – A Division of Northwest Community Bank began to operate under a single charter, a wholly-owned subsidiary of CMHC. Each of the existing branches continued to operate under their own brand names. Under the common ownership of CMHC for more than a decade, the banks had already combined many back-office functions to generate significant savings, improve efficiency, and add greater convenience for customers. The combined bank also offers more advancement opportunities for employees as well as resources and support to the communities served by the banks.
In March of 2025, there was a rebranding of the three banks operating under one charter. The three original bank brands were unified under one name – Northwest Community Bank – which remains a wholly-owned subsidiary of CMHC.
The Bank has total assets of nearly $1 billion dollars, well capitalized, and better positioned to more competitively deliver an expansive array of products and services throughout a growing branch network in Hartford and Litchfield Counties.
