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Bank of New England


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
Overview / Commentary
bankofnewengland.com
603-894-5700
31 Pelham Road
Salem, NH 03079

Bank of New England is headquartered in SALEM and is the 4th largest bank in the state of New Hampshire. It is also the 745th largest bank in the nation. It was established in 1983 and as of September of 2024, it had grown to 99 employees at 9 locations. Bank of New England's CD rates are 4X the national average, and it has a B+ health rating.

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Health
B+

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #24540
Year Established1983
Employees99
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.1%
Return on Equity - YTD11.77%
Annual Interest Income$76.5MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$1.49B$1.39B
LoansQ3 2024vs Q3 2023$1.29B$1.19B
DepositsQ3 2024vs Q3 2023$1.2B$1.12B
Equity CapitalQ3 2024vs Q3 2023$267.6MM$238.7MM
Loan Loss AllowanceQ3 2024vs Q3 2023$12.5MM$11.2MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$22.6MM$445K
Real Estate OwnedQ3 2024vs Q3 2023$9MM$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
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Bank of New England CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.25%$500-12 Months
3.25%$500-15 Month CD
3.04%$500-18 Month CD
2.78%$500-2 Year CD
2.27%$500-3 Year CD
2.27%$500-4 Year CD
2.27%$500-5 Year CD
1.51%$500-6 Month CD
0.25%$500-1 Months
0.25%$500-3 Month CD
Locations


Bank of New England Locations
Andover Branch12 Haverhill StreetAndover, MA 01810
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
Methuen Branch3 Cross StreetMethuen, MA 01844
Bank Of New England31 Pelham RdSalem, NH 03079
Haverhill Branch37 Emerson StreetHaverhill, MA 01830
Windham Office14 Bank RoadWindham, NH 03087

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