Belmont Savings Bank

2 Leonard Street
Belmont, MA 2478
617-484-6700
www.belmontsavings.com

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Belmont Savings Bank is headquartered in Belmont and is the 38^th largest bank in the state of Massachusetts. It is also the 974^th largest bank in the nation. It was established in 1885 and as of December of 2011, it had grown to 101 employees at 4 locations. Belmont Savings Bank's savings rates are 2X the national average, and it boasts a 5-star health rating.

Belmont Savings Bank Routing Number: 211371764

Special 5-Year CD with a Top Rate But with a Catch at Belmont Savings Bank - MA Only - 2/13/2012

I'm afraid that 5-year CDs with a 3.00% yield are very rare these days. I found one being advertised by Belmont Savings Bank in Massachusetts. However, it's not a typical buy-and-forget CD. It's calle ...

Expired: $100 Checking Account Bonus at Belmont Savings Bank in MA - Local Only - 1/9/2011

As I was reviewing the online newspaper ads today, I came across this bonus at Belmont Savings Bank . It's offering a $100 bonus for opening its PlatinumBlue Checking Account. The ad was published on ...

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See Rates for: Savings | Money Market | CD | IRA

Belmont Savings Bank Savings Account Rates

Apy	Min	Max	Product
1.15%	-	$100k	PlatinumBlue High Yield Savings
0.60%	$100k	$750k	Premium Rate Savings

Belmont Savings Bank Money Market Rates

Apy	Min	Max	Product
0.30%	$100k	-	Access Plus Money Market Deposit Account
0.10%	$2,500	-	Money Market Deposit Account

Belmont Savings Bank CD Rates

Apy	Min	Max	Product
3.00%	$500	$100k	5 Year PlatinumBlue Rising Rate CD Special
1.75%	$500	-	5 Year CD
1.35%	$500	-	4 Year CD
1.05%	$500	-	3 Year CD
0.80%	$500	-	2 Year CD
0.55%	$500	-	1 1/2 Year CD
0.45%	$500	-	1 Year CD
0.30%	$500	-	6 Month CD
0.25%	$500	-	91 Day CD
0.20%	$500	-	31 Day CD

Belmont Savings Bank IRA Rates

Apy	Min	Max	Product
1.75%	-	-	5 Year IRA
1.75%	-	-	5 Year Roth IRA
1.75%	-	-	5 Year CESA
1.75%	-	-	5 Year SEP IRA
1.35%	-	-	4 Year IRA
1.35%	-	-	4 Year Roth IRA
1.35%	-	-	4 Year CESA
1.35%	-	-	4 Year SEP IRA
1.05%	-	-	3 Year IRA
1.05%	-	-	3 Year Roth IRA
1.05%	-	-	3 Year CESA
1.05%	-	-	3 Year SEP IRA
0.80%	-	-	2 Year IRA
0.80%	-	-	2 Year Roth IRA
0.80%	-	-	2 Year CESA
0.80%	-	-	2 Year SEP IRA
0.55%	-	-	1 1/2 Year IRA
0.55%	-	-	1 1/2 Year Roth IRA
0.55%	-	-	1 1/2 Year CESA
0.55%	-	-	1 1/2 Year SEP IRA
0.45%	-	-	1 Year IRA
0.45%	-	-	1 Year Roth IRA
0.45%	-	-	1 Year CESA
0.45%	-	-	1 Year SEP IRA
0.30%	-	-	6 Month IRA
0.30%	-	-	6 Month Roth IRA
0.30%	-	-	6 Month CESA
0.30%	-	-	6 Month SEP IRA
0.25%	-	-	91 Day IRA
0.25%	-	-	91 Day Roth IRA
0.25%	-	-	91 Day CESA
0.25%	-	-	91 Day SEP IRA
0.20%	-	-	31 Day IRA
0.20%	-	-	31 Day Roth IRA
0.20%	-	-	31 Day CESA
0.20%	-	-	31 Day SEP IRA

Rates updated: 5/23/2012

Data for Q4 2011

Institution Statistics

Belmont Savings Bank
FDIC Certificate #	23901
BankRate Report	View
Year Established	1885
Employees	101
Primary Regulator	FDIC
Assets and Liabilities
Assets	$668.49 million
Loans	$525.84 million
Deposits	$472.95 million
Equity Capital	$84.56 million
Loan Loss Allowance	$4.78 million
Unbacked Noncurrent Loans	$4.52 million
Historic Data - December 2010
Assets	$500.33 million
Equity Capital	$46.91 million
Loan Loss Allowance	$2.89 million
Unbacked Noncurrent Loans	$1.71 million
Profit Margin - Quarterly
Net Interest Margin	3%
Return on Assets	0.29%
Return on Equity	3.15%
Interest Income	$22.23 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Belmont Savings Bank had $4.52 million in non-current loans and owned real-estate with $89.34 million in equity and loan loss allowances on hand to cover it. This gives Belmont Savings Bank a Texas Ratio of 5.06% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Belmont Savings Bank held steady from 3.43% as of December 31, 2010 to 5.06% as of December 31, 2011, resulting in a negative change of 47.33%. This indicates that the balance sheet and financial strength for Belmont Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Belmont Savings Bank has increased its total deposits by $125.64 million, resulting in 36.18% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Belmont Savings Bank has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Belmont Savings Bank has $668.48 million in assets with $89.34 million in equity, resulting in a capitalization level of 13.36%, which is excellent.