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Bank of New England

Popular Accounts at this Bank

2.27%3-year CD36-47 Month CD
0.60%1-year CD12-23 Month CD
2.27%4-year CD48-60 Month CD

Overview / Commentary
31 Pelham Road
Salem, NH 03079

Bank of New England is headquartered in Salem and is the 5th largest bank in the state of New Hampshire. It is also the 891st largest bank in the nation. It was established in 1983 and as of December of 2016, it had grown to 106 employees at 9 locations. Bank of New England has an A+ health rating.

Related Posts

Bank of New England Boosts 36-47 Month CD Rate By 102 Basis Points - 2/15/2017

Bank of New England has raised the rate of its 36-47 month CD (2.27% APY) by 102 basis points. The minimum deposit is $10k, with no stated balance cap.

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Health Grade Components

FDIC Certificate #24540
Year Established1983
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD10.09%
Annual Interest Income$36.7MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$842.5MM$684.1MM
LoansQ4 2016vs Q4 2015$755.3MM$625.9MM
DepositsQ4 2016vs Q4 2015$732.9MM$593.8MM
Equity CapitalQ4 2016vs Q4 2015$107.8MM$88.9MM
Loan Loss AllowanceQ4 2016vs Q4 2015$8.6MM$7.0MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$4.5MM$7.0MM
Real Estate OwnedQ4 2016vs Q4 2015$0$739.00K
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Bank of New England CD Rates

2.27%$10k-36-47 Month CD
2.27%$10k-48-60 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