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160 Washington Street
Brookline, MA 02445

Brookline Bank is headquartered in Brookline and is the 9th largest bank in the state of Massachusetts. It is also the 240th largest bank in the nation. It was established in 1871 and as of March of 2014, it had grown to 251 employees at 22 locations. Brookline Bank's money market rates are 14% higher than the national average, and it boasts a A+ health rating.

Reviews (1)

Horrible Customer Service

I try not to pick on bank employees because I'm sure they deal with a lot of unfriendly people throughout the day. However, the employees at this bank are never willing to lift a finger for you. Here's just one example: Your loan payments do not show up for 3 business days after you make a payment. So if your loan is due on the 15th and you pay it on the 15th you will get calls from the loan department for the next three days asking where your payment is. I made a loan payment at a branch instead of online.The loan department called me and said that they did not receive it. I asked the loan department if they could call the branch to verify the payment and the loan officer said that he would be too busy to help me. Too busy to help a customer! I called the branch and asked if they could call the loan officer and the branch employee told me to call back in three business days if the loan payment still did not post to my loan. I have been dealing with this bank for four years and I'm so tired of their uncaring attitude.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Brookline Bank had $8.31 million in non-current loans and owned real-estate with $345.66 million in equity and loan loss allowances on hand to cover it. This gives Brookline Bank a Texas Ratio of 2.40% 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 Brookline Bank decreased slightly from 2.74% as of March 31, 2013 to 2.40% as of March 31, 2014, resulting in a positive change of 12.33%.This indicates that the balance sheet and financial strength for Brookline Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Brookline Bank has increased its total deposits by $127.62 million, resulting in 5.86% 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 Brookline Bank has shown is excellent.



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. Brookline Bank has $3.31 billion in assets with $345.66 million in equity, resulting in a capitalization level of 10.43%, which is above average.

Institution Statistics

FDIC Certificate #17798
Year Established1871
Primary RegulatorFED
Assets and Liabilities
Assets$3.31 billion
Loans$2.85 billion
Deposits$2.31 billion
Equity Capital$309.04 million
Loan Loss Allowance$36.62 million
Unbacked Noncurrent Loans$8.14 million
Real Estate Owned$170,000
Historic Data - March 2013
Assets$3.10 billion
Equity Capital$295.94 million
Loan Loss Allowance$35.49 million
Unbacked Noncurrent Loans$8.14 million
Real Estate Owned$124,000
Profit Margin - Quarterly
Net Interest Margin3.63%
Return on Assets0.89%
Return on Equity9.56%
Interest Income$32.61 million

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Brookline Bank Savings Account Rates

0.05%$10k-Business Savings

Brookline Bank Money Market Rates

0.50%$100k-ACCESS Money Market
0.50%$100k-PREMIERACCESS Money Market
0.45%$100k-Business Money Market

Brookline Bank Checking Account Rates

0.45%--IOLTA Checking
0.05%$100-PREMIERACCESS Checking
0.03%$100-Non-Profit Checking with Interest

Brookline Bank CD Rates

1.10%$1k-5 Year CD
1.00%$5k-24 Month Bump-Up CD Special
0.75%$5k-15 Month CD Special
0.70%$1k-3 Year CD
0.60%$1k-2 Year CD
0.50%$5k-10 Month CD Special
0.45%$1k-18 Month CD
0.35%$1k-1 Year CD
0.15%$2,500-6 Month CD
0.10%$2,500-3 Month CD

Brookline Bank IRA Rates

1.10%$1k-5 Year IRA
0.75%$5k-15 Month IRA Special
0.70%$1k-3 Year IRA
0.60%$1k-2 Year IRA
0.50%$5k-10 Month IRA Special
0.45%$1k-18 Month IRA
0.35%$1k-1 Year IRA
0.15%$2,500-6 Month IRA
0.10%$2,500-3 Month IRA

Brookline Bank has 22 locations. Click to view all Brookline Bank locations.