BankFive


Overview / Commentary
774-888-6100
79 North Main Street
Fall River, MA 02720

BankFive is headquartered in FALL RIVER and is the 30th largest bank in the state of Massachusetts. It is also the 626th largest bank in the nation. It was established in 1855 and as of December of 2024, it had grown to 199 employees at 18 locations. BankFive's CD rates are 4X the national average, and it has a B+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+

Health Grade Components

Overall
FDIC Certificate #23286
Year Established1855
Employees199
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.21%
Return on Equity - YTD3.15%
Annual Interest Income$81.9MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.87B$1.81B
LoansQ4 2024vs Q4 2023$1.44B$1.42B
DepositsQ4 2024vs Q4 2023$1.35B$1.31B
Equity CapitalQ4 2024vs Q4 2023$122.1MM$119.5MM
Loan Loss AllowanceQ4 2024vs Q4 2023$9.1MM$8.6MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$2.9MM$1.5MM
Real Estate OwnedQ4 2024vs Q4 2023$631K$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not BankFive; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

BankFive Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$10-eAccess Savings
0.10%$10-Nickels Savings Account
0.05%$100-Statement Savings
0.05%$10-Student Savings
0.05%$25-Lucky Piggy Savings

BankFive Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Money Market Account
OTHER TIERS: 0.10% $100 - $50k
0.15%*$25k*-Business Money Market Account
OTHER TIERS: 0.05% $10 - $1k | 0.10% $1k - $25k

BankFive Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$10-eAccess Checking
0.15%$100-Relationship Checking
0.05%$10-Basic Checking

BankFive CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$500-18 Month CD
3.75%$100-2 Year Add-On CD
3.75%$50k-12 Month Add On CD Special
3.25%$5k-3 Month CD Special
3.25%$5k-6 Month CD Special
2.50%$500-6 Month CD
2.50%$500-15 Month CD
1.00%$500-1 Year CD
1.00%$500-11 Month CD
0.90%$500-4 Year CD
0.75%$500-3 Year CD
0.65%$500-5 Year CD

BankFive IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%$500-1 Year IRA - Branch Only
2.50%$500-6 Month IRA - Branch Only
0.75%$500-3 Year IRA - Branch Only
0.65%$500-5 Year IRA - Branch Only
0.45%$500-30 Month IRA - Branch Only
0.40%$500-2 Year IRA - Branch Only
0.35%$500-18 Month IRA - Branch Only
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.