New Milford in Western Region, Connecticut — The American Northeast (New England)
Bank Building
Built circa 1820, Moved to Present Site in 1964
| | New Milford Historical Society & Museum | |
This charming red brick building was built by Senator Elijah Boardman around 1820 and was originally located next to the Boardman house, which still stands today, on Main Street flush with the sidewalk. It was built to be used as a law office for Elijah's son, George, who was studying law at Yale. Sadly, George died in 1825 and the building was used instead as a dry goods store. In 1852 it became the first home of the Bank of Litchfield County, the first bank in New Milford. Eli Mygatt was an early president, and a long line Mygatts followed in his footsteps in the banking business in New Milford. The structure served as a bank for only a few years and later as an office space and photographer's studio.
In the 1890s it was moved further back on the Boardman property to make room for tennis courts and croquet. As late as 1945, the little brick building was used as an art studio by Miss Helen Cox, a Boardman cousin and talented painter.
In 1939, the Boardman lot and Bank Building were purchased by the New Milford Historical Society & Museum. It was moved in 1964 to its present site on Aspetuck Avenue and is a treasured addition to our campus. The relocation was due to the generosity of Mrs. Roland Mygatt. Roland had been the President of The New Milford Savings Bank and also President of the New Milford Historical Society & Museum.
Of late Federal design, the building includes an outside door covered with sheet iron and studded with wrought iron nails. The windows are adorned with iron shutters, and the structure rests on a granite foundation. Inside there is a fireplace and a stone closet with marble shelves and a metal door, which was most likely used as a bank safe. Despite this little brick structure having a variety of occupants and purposes, it is still affectionately referred to as "The Bank Building.
Erected by New Milford Historical Society & Museum.
Topics. This historical marker is listed in these topic lists: Architecture • Arts, Letters, Music • Industry & Commerce. A significant historical year for this entry is 1820.
Location. 41° 34.88′ N, 73° 24.743′ W. Marker is in New Milford in Western Region, Connecticut. It is on Aspetuck Avenue just south of Old Albany Post Road, on the right when traveling north. Touch for map.
Regionally, this marker is in Connecticut’s Berkshire Foothills and in the Litchfield Hills. It is also in the American Northeast and in New England. Globally, it is in North America, the Western Hemisphere, the Western World, and the Anglosphere. Historically, it finds itself in what was once Litchfield County and also one of the original Thirteen Colonies.
Other nearby markers. At least 8 other markers are within walking distance of this marker: Colonial Garden (a few steps from this marker); Boardman Store (a few steps from this marker); Hill and Plain One-Room Schoolhouse (a few steps from this marker); M. Joseph Lillis, Jr. (a few steps from this marker); Main Gallery (within shouting distance of this marker); New Milford (within shouting distance of this marker); Knapp House (within shouting distance of this marker); History of the Underground Railroad (about 300 feet away, measured in a direct line). Touch for a list and map of all markers in New Milford.
Credits. This page was last revised on May 19, 2026. It was originally submitted on August 7, 2023, by Devry Becker Jones of Washington, District of Columbia. This page has been viewed 310 times since then and 13 times this year. Photos: 1, 2. submitted on August 7, 2023, by Devry Becker Jones of Washington, District of Columbia.

