East Boston Savings Bank

10 Meridian Street
Boston, MA 02128
617-567-1500
www.ebsb.com

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East Boston Savings Bank is headquartered in Boston and is the 12^st largest bank in the state of Massachusetts. It is also the 361^st largest bank in the nation. It was established in 1991 and as of September of 2011, it had grown to 374 employees at 22 locations. East Boston Savings Bank has a 3-star health rating.

Competitive 5-Year CD at East Boston Savings Bank - Local Only - 10/4/2010

East Boston Savings Bank is offering a special 5-year CD and IRA CD with a 3.02% APY. It's also advertising two other CD specials, but the rates are not quite as competitive. These include a 1.55% APY ...

19-Month CD Special at Mt. Washington Bank in MA - Local Only - 8/1/2010

Mt. Washington Bank is listing a competitive 19-month special CD rate of 2.00% APY. Minimum deposit is $1,000. There's also a special 30-month bump-up CD/IRA special with a $500 minimum. These special ...

Special 19-Month CD at East Boston Savings Bank in MA - Local Only - 7/15/2010

East Boston Savings Bank is offering a special 19-month CD with a 2.00% APY. Minimum deposit is $1,000. This rate is listed in the bank's rates page and on its home page as of 7/15/2010. East Boston S ...

17-Month CD Special at Mt. Washington Bank in MA - Local Only - 4/18/2010

Mt. Washington Bank is advertising a very competitive 17-month CD rate of 2.17% APY. Minimum deposit is $500, and a checking account is required. This special doesn't seem to be listed at the bank's ...

2009

7/14 - 2.55% 14-Month CD at East Boston Savings Bank - Local Only

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

East Boston Savings Bank Checking Account Rates

Apy	Min	Max	Product
0.10%	-	-	Choice Platinum Checking
0.10%	-	-	Business Interest Checking

East Boston Savings Bank Savings Account Rates

	Apy	Min	Max	Product
	0.25%	$25	-	Statement Savings

East Boston Savings Bank Money Market Rates

Apy	Min	Max	Product
1.00%	$1m	-	Money Market Account
1.00%	$1m	-	Business Money Market Account

East Boston Savings Bank CD Rates

Apy	Min	Max	Product
1.76%	$1k	-	60 Month CD
1.76%	$1k	-	Business 60 Month CD
1.50%	$1k	-	48 Month CD
1.50%	$1k	-	Business 48 Month CD
1.25%	$1k	-	36 Month CD
1.25%	$1k	-	Business 36 Month CD
1.15%	$1k	-	30 Month Step-Up CD
1.15%	$1k	-	Business 30 Month Step-Up CD
0.90%	$1k	-	24 Month CD
0.90%	$1k	-	Business 24 Month CD
0.70%	$1k	-	15 Month CD
0.70%	$1k	-	18 Month CD
0.70%	$1k	-	Business 18 Month CD
0.50%	$1k	-	9 Month CD
0.50%	$1k	-	12 Month CD
0.50%	$1k	-	Business 9 Month CD
0.50%	$1k	-	Business 12 Month CD
0.35%	$2,500	-	6 Month CD
0.35%	$2,500	-	Business 6 Month CD

East Boston Savings Bank IRA Rates

Apy	Min	Max	Product
1.76%	$500	-	60 Month IRA
1.76%	$500	-	60 Month SEP
1.76%	$500	-	60 Month Roth IRA
1.76%	$500	-	60 Month CESA
1.25%	$500	-	36 Month IRA
1.25%	$500	-	36 Month SEP
1.25%	$500	-	36 Month Roth IRA
1.25%	$500	-	36 Month CESA
1.15%	$500	-	30 Month Step-Up IRA
1.15%	$500	-	30 Month Step-Up SEP
1.15%	$500	-	30 Month Step-Up Roth IRA
1.15%	$500	-	30 Month Step-Up CESA
0.90%	$500	-	24 Month IRA
0.90%	$500	-	24 Month SEP
0.90%	$500	-	24 Month Roth IRA
0.90%	$500	-	24 Month CESA
0.75%	$25k	-	20 Month Rate Lock IRA
0.75%	$25k	-	20 Month Rate Lock SEP
0.75%	$25k	-	20 Month Rate Lock Roth IRA
0.75%	$25k	-	20 Month Rate Lock CESA
0.70%	$500	-	15 Month IRA
0.70%	$500	-	18 Month IRA
0.70%	$500	-	15 Month SEP
0.70%	$500	-	18 Month SEP
0.70%	$500	-	15 Month Roth IRA
0.70%	$500	-	15 Month CESA
0.70%	$500	-	18 Month Roth IRA
0.70%	$500	-	18 Month CESA
0.50%	$500	-	9 Month IRA
0.50%	$500	-	12 Month IRA
0.50%	$500	-	9 Month SEP
0.50%	$500	-	12 Month SEP
0.50%	$500	-	9 Month Roth IRA
0.50%	$500	-	9 Month CESA
0.50%	$500	-	12 Month Roth IRA
0.50%	$500	-	12 Month CESA
0.35%	$500	-	6 Month IRA
0.35%	$500	-	6 Month SEP
0.35%	$500	-	6 Month Roth IRA
0.35%	$500	-	6 Month CESA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

East Boston Savings Bank
DIF #	Member
FDIC Certificate #	33510
BankRate Report	View
Year Established	1991
Employees	374
Primary Regulator	FDIC
Assets and Liabilities
Assets	$1.92 billion
Loans	$1.24 billion
Deposits	$1.57 billion
Equity Capital	$178.05 million
Loan Loss Allowance	$12.13 million
Unbacked Noncurrent Loans	$48.79 million
Real Estate Owned	$3.68 million
Historic Data - September 2010
Assets	$1.76 billion
Equity Capital	$168.76 million
Loan Loss Allowance	$11.48 million
Unbacked Noncurrent Loans	$37.31 million
Real Estate Owned	$3.22 million
Profit Margin - Quarterly
Net Interest Margin	3.35%
Return on Assets	0.67%
Return on Equity	7.08%
Interest Income	$59.93 million

Institution Health

Overall Score:

3 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 September 30, 2011 East Boston Savings Bank had $52.47 million in non-current loans and owned real-estate with $190.18 million in equity and loan loss allowances on hand to cover it. This gives East Boston Savings Bank a Texas Ratio of 27.59% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for East Boston Savings Bank increased slightly from 22.33% as of September 30, 2010 to 27.59% as of September 30, 2011, resulting in a negative change of 23.56%. This indicates that the balance sheet and financial strength for East Boston Savings Bank has declined slightly in recent periods.
Deposit Growth
In the past year, East Boston Savings Bank has increased its total deposits by $155.72 million, resulting in 10.98% 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 East Boston 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. East Boston Savings Bank has $1.92 billion in assets with $190.18 million in equity, resulting in a capitalization level of 9.93%, which is average.