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BankGloucester


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/15/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/15/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/15/2025
3.60%
Our Rating
4.3  / 5
American Express
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 7/15/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/15/2025
4.31%
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 7/15/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
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 2,161st largest bank in the nation. It was established in 1887 and as of March of 2025, it had grown to 55 employees at 3 locations. BankGloucester's CD rates are 4X the national average, and it has a B health rating.

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Health
B

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #26536
Year Established1887
Employees55
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.23%
Return on Equity - YTD2.89%
Annual Interest Income$4.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$378.4MM$367.2MM
LoansQ1 2025vs Q1 2024$330.5MM$320MM
DepositsQ1 2025vs Q1 2024$306.2MM$316.2MM
Equity CapitalQ1 2025vs Q1 2024$30MM$28.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$3.4MM$3.3MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$6.5MM$9.6MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/15/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/15/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/15/2025
3.60%
Our Rating
4.3  / 5
American Express
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 7/15/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/15/2025
4.31%
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 7/15/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

BankGloucester Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$0-Elite Companion Savings
0.10%$0-Statement Savings
0.10%$0-Kid$ave Savings

BankGloucester Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.38%*$500k*-Premier Plus Money Market
OTHER TIERS: 0.25% → $0 - $10k | 0.50% → $10k - $50k | 1.00% → $50k - $250k | 2.25% → $250k - $500k
0.10%$0-Premier Money Market
0.10%$0-Personal Money Market

BankGloucester Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.06%*$0$25kElite Checking
OTHER TIERS: 0.25% → $25k+

BankGloucester CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$500-12 Month CD
4.00%$500-18 Month CD
4.00%$500-15 Month CD Special
3.75%$2.5k-6 Month CD Special
3.63%$500-9 Month CD
3.25%$500-24 Month CD
3.00%$500-30 Month CD
2.75%$500-36 Month CD
2.25%$500-48 Month CD
2.25%$500-60 Month CD

BankGloucester IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$500-12 Month IRA
4.00%$500-18 Month IRA
3.25%$500-24 Month IRA
3.00%$500-30 Month IRA
2.75%$500-36 Month IRA
2.25%$500-48 Month IRA
0.50%$0-IRA Statement Savings
Locations


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

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