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 849th largest bank in the nation. It was established in 1983 and as of December of 2018, it had grown to 103 employees at 9 locations. Bank of New England's CD rates are 40% higher than the national average, and it has a B+ health rating.

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Bank of New England Has 36-Month CD Special - 7/26/2018

Bank of New England has three limited-time CD Specials: 36-month (3.15% APY), 48-month (3.25% APY), and 60-month (3.35% APY). Minimum deposit is $10k.

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Health Grade Components

FDIC Certificate #24540
Year Established1983
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.83%
Return on Equity - YTD13.21%
Annual Interest Income$46.8MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$915.7MM$919.2MM
LoansQ4 2018vs Q4 2017$799.5MM$795.1MM
DepositsQ4 2018vs Q4 2017$779.3MM$798.3MM
Equity CapitalQ4 2018vs Q4 2017$133.3MM$118.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$8.8MM$8.9MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$9.6MM$1.7MM
Real Estate OwnedQ4 2018vs Q4 2017$0$0
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Bank of New England CD Rates

3.04%$500-48-59 Month CD
3.04%$500-60 Month CD
2.53%$500-36-47 Month CD
2.02%$500-24-35 Month CD
1.51%$500-18 Month CD
1.26%$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

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