-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 EGmFTRbX64lvR6nbjWO+BWTL3BLEmotvfV6A3zMaJBVfPHOSkI9IiSqI0mhp3Z21
 QW7t+0I5MgbAa9zmbsM/Zg==

<SEC-DOCUMENT>0000807524-03-000013.txt : 20031014
<SEC-HEADER>0000807524-03-000013.hdr.sgml : 20031013
<ACCEPTANCE-DATETIME>20031014124403
ACCESSION NUMBER:		0000807524-03-000013
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031013
FILED AS OF DATE:		20031014

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEWMIL BANCORP INC
		CENTRAL INDEX KEY:			0000807524
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
		IRS NUMBER:				061186389
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		19 MAIN ST
		STREET 2:		PO BOX 600
		CITY:			NEW MILFORD
		STATE:			CT
		ZIP:			06776
		BUSINESS PHONE:		8603557600

	MAIL ADDRESS:	
		STREET 1:		P O BOX 600
		CITY:			NEW MILFORD
		STATE:			CT
		ZIP:			06776

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WILLIAMS MARY C
		CENTRAL INDEX KEY:			0001255014

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16455
		FILM NUMBER:		03938807

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 600
		CITY:			MILFORD
		STATE:			CT
		ZIP:			06776
		BUSINESS PHONE:		8603557630

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 600
		CITY:			MILFORD
		STATE:			CT
		ZIP:			06776
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wil10.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
	<periodOfReport>2003-10-13</periodOfReport>
	<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000807524</issuerCik>
        <issuerName>NEWMIL BANCORP INC</issuerName>
        <issuerTradingSymbol>NMIL</issuerTradingSymbol>
	</issuer>
	<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001255014</rptOwnerCik>
            <rptOwnerName>WILLIAMS MARY C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>28 LANE STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>KENT</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06757</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
			<isDirector>1</isDirector>
			<isOfficer>0</isOfficer>
			<isTenPercentOwner>0</isTenPercentOwner>
			<isOther>0</isOther>
		</reportingOwnerRelationship>
	</reportingOwner>
	<nonDerivativeTable>
		<nonDerivativeTransaction>
			<securityTitle>
				<value>Common Stock</value>
			</securityTitle>
			<transactionDate>
				<value>2003-10-13</value>
			</transactionDate>
			<deemedExecutionDate>
				<value>2003-10-13</value>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>X</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>2000</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>5.750</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>A</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>62000.000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</nonDerivativeTransaction>
	</nonDerivativeTable>
	<derivativeTable>
		<derivativeTransaction>
			<securityTitle>
				<value>Director Stock Options</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>5.7500</value>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2003-10-13</value>
			</transactionDate>
			<deemedExecutionDate>
				<value>2003-10-13</value>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>X</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>2000</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>25.8700</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>D</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<value>1994-04-22</value>
			</exerciseDate>
			<expirationDate>
				<value>2003-10-22</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>2000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>0</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
		<derivativeHolding>
			<securityTitle>
				<value>Director Stock Options</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>7.1250</value>
			</conversionOrExercisePrice>
			<exerciseDate>
				<value>1996-12-31</value>
			</exerciseDate>
			<expirationDate>
				<value>2006-06-30</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>2000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>2000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeHolding>
		<derivativeHolding>
			<securityTitle>
				<value>Director Stock Options</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>11.1875</value>
			</conversionOrExercisePrice>
			<exerciseDate>
				<value>1997-12-31</value>
			</exerciseDate>
			<expirationDate>
				<value>2007-06-30</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>2000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>2000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeHolding>
		<derivativeHolding>
			<securityTitle>
				<value>Director Stock Options</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>12.8437</value>
			</conversionOrExercisePrice>
			<exerciseDate>
				<value>1998-12-31</value>
			</exerciseDate>
			<expirationDate>
				<value>2008-06-30</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>2000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>2000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeHolding>
		<derivativeHolding>
			<securityTitle>
				<value>Director Stock Options</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>11.0312</value>
			</conversionOrExercisePrice>
			<exerciseDate>
				<value>1999-12-31</value>
			</exerciseDate>
			<expirationDate>
				<value>2009-06-30</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>2000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>2000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeHolding>
		<derivativeHolding>
			<securityTitle>
				<value>Director Stock Options</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>9.9687</value>
			</conversionOrExercisePrice>
			<exerciseDate>
				<value>2001-04-25</value>
			</exerciseDate>
			<expirationDate>
				<value>2010-10-25</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>2000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>2000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeHolding>
		<derivativeHolding>
			<securityTitle>
				<value>Director Stock Options</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>10.5937</value>
			</conversionOrExercisePrice>
			<exerciseDate>
				<value>2001-07-01</value>
			</exerciseDate>
			<expirationDate>
				<value>2011-01-01</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>2000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>2000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeHolding>
		<derivativeHolding>
			<securityTitle>
				<value>Director Stock Options</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>14.7600</value>
			</conversionOrExercisePrice>
			<exerciseDate>
				<value>2002-07-01</value>
			</exerciseDate>
			<expirationDate>
				<value>2012-01-01</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>2000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>2000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeHolding>
	</derivativeTable>
	<footnotes>
	</footnotes>
	<remarks>
	</remarks>
	<ownerSignature>
		<signatureName>/s/ Williams, Mary C</signatureName>
		<signatureDate>2003-10-14</signatureDate>
	</ownerSignature>
	<ownerSignature>
		<signatureName>/s/ 'Rizzo, Sr., Anthony M</signatureName>
		<signatureDate>2003-10-14</signatureDate>
	</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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