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Bank of New England


Overview / Commentary
bankofnewengland.com
603-894-5700
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 872nd largest bank in the nation. It was established in 1983 and as of September of 2020, it had grown to 99 employees at 9 locations. Bank of New England has an A+ health rating.

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Health
A+

Data as of Q3 2020

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Health Grade Components

Overall
FDIC Certificate #24540
Year Established1983
Employees99
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.53%
Return on Equity - YTD9.91%
Annual Interest Income$38.4MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$1.06B$1.03B
LoansQ3 2020vs Q3 2019$936.8MM$873.9MM
DepositsQ3 2020vs Q3 2019$892.1MM$872.6MM
Equity CapitalQ3 2020vs Q3 2019$159.5MM$144.0MM
Loan Loss AllowanceQ3 2020vs Q3 2019$11.0MM$10.0MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$1.0MM$1.9MM
Real Estate OwnedQ3 2020vs Q3 2019$0$0
Rates
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Bank of New England CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%$500-48-59 Month CD
0.85%$500-60 Month CD
0.70%$500-36-47 Month CD
0.55%$500-24-35 Month CD
0.40%$500-18 Month CD
0.25%$500-12-23 Month CD
0.10%$500-91-182 Day CD
0.10%$500-183-364 Day CD
0.05%$500-7-30 Day CD
0.05%$500-31-90 Day 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 RoadSalem, NH 03079
Haverhill Branch37 Emerson StreetHaverhill, MA 01830
Windham Office58 Range RoadWindham, NH 03087

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