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Bank of New England

Popular Accounts at this Bank

0.60%1-year CD12-23 Month CD
1.75%4-year CD48-60 Month CD
1.25%3-year CD36-47 Month CD

Overview / Commentary
31 Pelham Road
Salem, NH 03079

Bank of New England is headquartered in Salem and is the 6th largest bank in the state of New Hampshire. It is also the 941st largest bank in the nation. It was established in 1983 and as of June of 2016, it had grown to 103 employees at 9 locations. Bank of New England has an A+ health rating.

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Health Grade Components

FDIC Certificate #24540
Year Established1983
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.09%
Return on Equity - YTD8.77%
Annual Interest Income$17.0MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$777.5MM$651.4MM
LoansQ2 2016vs Q2 2015$716.9MM$586.7MM
DepositsQ2 2016vs Q2 2015$683.6MM$564.8MM
Equity CapitalQ2 2016vs Q2 2015$92.5MM$84.7MM
Loan Loss AllowanceQ2 2016vs Q2 2015$8.2MM$6.7MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$6.3MM$7.8MM
Real Estate OwnedQ2 2016vs Q2 2015$199.00K$1.2MM
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Bank of New England CD Rates

1.75%$500-48-60 Month CD
1.25%$500-36-47 Month CD
0.85%$500-24-35 Month CD
0.65%$500-18 Month CD
0.60%$500-12-23 Month CD
0.25%$500-183-364 Day CD
0.15%$500-7-30 Day CD
0.15%$500-31-90 Day CD
0.15%$500-91-182 Day CD

Bank of New England Locations
Andover Branch12 Haverhill StreetAndover, MA 01810
Methuen Branch3 Cross StreetMethuen, MA 01844
Haverhill Branch37 Emerson StreetHaverhill, MA 01830
Manchester Branch1589 Elm Street, Suite 102Manchester, NH 03101
Bedford Branch177 South River RoadBedford, NH 03110
Londonderry Br.1a Action BoulevardLondonderry, NH 03053
Nashua Branch295 Main StreetNashua, NH 03060
Bank Of New England31 Pelham RoadSalem, NH 03079
Windham Office58 Range RoadWindham, NH 03087