Northern Bank & Trust Company

275 Mishawum Road
Woburn, MA 01801
(800) 273-6908
www.nbtc.com

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Northern Bank & Trust Company is headquartered in Woburn and is the 36^th largest bank in the state of Massachusetts. It is also the 940^th largest bank in the nation. It was established in 1960 and as of September of 2011, it had grown to 114 employees at 11 locations. Northern Bank & Trust Company has a 4-star health rating.

Competitive 18-Month CD Special at Northern Bank & Trust Company in MA - Local Only - 1/24/2010

Northern Bank & Trust Company is advertising a 2.00% APY 18-month CD special. Minimum deposit is $500. This special doesn't seem to be listed at the bank's website. It was advertised in the 1/21/ ...

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

Northern Bank & Trust Company Checking Account Rates

Apy	Min	Max	Product
0.50%	$10k	-	Northern Premium Checking
0.05%	-	-	Northern Plus Checking
0.05%	-	-	Northern e-Checking

Northern Bank & Trust Company Savings Account Rates

Apy	Min	Max	Product
0.50%	$100k	-	Northern Light Savings
0.50%	$100k	-	Northern Business Investment Savings
0.20%	-	-	Statement Savings
0.20%	-	-	Basic Passbook Savings

Northern Bank & Trust Company Money Market Rates

Apy	Min	Max	Product
0.50%	$50k	-	Money Market
0.50%	$50k	-	Northern Business Money Market

Northern Bank & Trust Company CD Rates

Apy	Min	Max	Product
1.70%	$500	-	60 Month CD
1.40%	$500	-	48 Month CD
1.20%	$500	-	36 Month CD
1.10%	$500	-	30 Month CD
1.00%	$500	-	24 Month CD
0.85%	$500	-	18 Month CD
0.75%	$500	-	12 Month CD
0.65%	$500	-	6 Month CD

Northern Bank & Trust Company IRA Rates

Apy	Min	Max	Product
1.70%	$500	-	60 Month IRA
1.70%	$500	-	60 Month Roth IRA
1.70%	$500	-	60 Month CESA
1.70%	$500	-	60 Month SEP IRA
1.40%	$500	-	48 Month IRA
1.40%	$500	-	48 Month Roth IRA
1.40%	$500	-	48 Month CESA
1.40%	$500	-	48 Month SEP IRA
1.20%	$500	-	36 Month IRA
1.20%	$500	-	36 Month Roth IRA
1.20%	$500	-	36 Month CESA
1.20%	$500	-	36 Month SEP IRA
1.10%	$500	-	30 Month IRA
1.10%	$500	-	30 Month Roth IRA
1.10%	$500	-	30 Month CESA
1.10%	$500	-	30 Month SEP IRA
1.00%	$500	-	24 Month IRA
1.00%	$500	-	24 Month Roth IRA
1.00%	$500	-	24 Month CESA
1.00%	$500	-	24 Month SEP IRA
0.85%	$500	-	18 Month IRA
0.85%	$500	-	18 Month Roth IRA
0.85%	$500	-	18 Month CESA
0.85%	$500	-	18 Month SEP IRA
0.75%	$500	-	12 Month IRA
0.75%	$500	-	12 Month Roth IRA
0.75%	$500	-	12 Month CESA
0.75%	$500	-	12 Month SEP IRA
0.65%	$500	-	6 Month IRA
0.65%	$500	-	6 Month Roth IRA
0.65%	$500	-	6 Month CESA
0.65%	$500	-	6 Month SEP IRA

Rates updated: 2/8/2012

Data for Q3 2011

Institution Statistics

Northern Bank & Trust Company
FDIC Certificate #	18266
BankRate Report	View
Year Established	1960
Employees	114
Primary Regulator	FDIC
Assets and Liabilities
Assets	$699.76 million
Loans	$591.28 million
Deposits	$559.51 million
Equity Capital	$67.47 million
Loan Loss Allowance	$10.51 million
Unbacked Noncurrent Loans	$10.99 million
Real Estate Owned	$6.80 million
Historic Data - September 2010
Assets	$644.72 million
Equity Capital	$59.95 million
Loan Loss Allowance	$6.96 million
Unbacked Noncurrent Loans	$4.39 million
Real Estate Owned	$6.68 million
Profit Margin - Quarterly
Net Interest Margin	4.55%
Return on Assets	1.17%
Return on Equity	12.54%
Interest Income	$27.68 million

Institution Health

Overall Score:

4 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 Northern Bank & Trust Company had $17.79 million in non-current loans and owned real-estate with $77.98 million in equity and loan loss allowances on hand to cover it. This gives Northern Bank & Trust Company a Texas Ratio of 22.81% 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 Northern Bank & Trust Company increased slightly from 16.54% as of September 30, 2010 to 22.81% as of September 30, 2011, resulting in a negative change of 37.91%. This indicates that the balance sheet and financial strength for Northern Bank & Trust Company has declined slightly in recent periods.
Deposit Growth
In the past year, Northern Bank & Trust Company has increased its total deposits by $82.58 million, resulting in 17.32% 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 Northern Bank & Trust Company 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. Northern Bank & Trust Company has $699.76 million in assets with $77.98 million in equity, resulting in a capitalization level of 11.14%, which is above average.