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BankGloucester


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
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Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Overview / Commentary
www.bankgloucester.com
978-283-8200
160 Main Street
Gloucester, MA 01930

BankGloucester is headquartered in GLOUCESTER and is the 82nd largest bank in the state of Massachusetts. It is also the 2,166th largest bank in the nation. It was established in 1887 and as of September of 2024, it had grown to 55 employees at 3 locations. BankGloucester has a C+ health rating.

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Health
C+

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #26536
Year Established1887
Employees55
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.08%
Return on Equity - YTD1.06%
Annual Interest Income$13.9MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$373.4MM$382.1MM
LoansQ3 2024vs Q3 2023$325.2MM$326MM
DepositsQ3 2024vs Q3 2023$312.5MM$338.1MM
Equity CapitalQ3 2024vs Q3 2023$29.6MM$27.6MM
Loan Loss AllowanceQ3 2024vs Q3 2023$3.3MM$3.2MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$6.9MM$5.3MM
Real Estate OwnedQ3 2024vs Q3 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates

Rates for BankGloucester are currently being reviewed.

Locations


BankGloucester Locations
Bankgloucester160 Main StGloucester, MA 01930
Essex Branch15 Martin StreetEssex, MA 01929
Ipswich Branch143 High StreetIpswich, MA 01938

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