BayCoast Bank


Overview / Commentary
508-678-7641
330 Swansea Mall Drive
Swansea, MA 02777

BayCoast Bank is headquartered in SWANSEA and is the 20th largest bank in the state of Massachusetts. It is also the 425th largest bank in the nation. It was established in 1851 and as of March of 2025, it had grown to 527 employees at 25 locations. BayCoast Bank has an A health rating.

Reviews (1)

They Are Reprehensible

Posted by: |

I have been banking with this company for over a decade. Our time together has come to an end. Within this timeframe, they have failed to properly secure my accounts. I had an old account hacked. Several "scares", attempted fraudulent charges. I have also traveled abroad and an employee "forgot" to unblock my account for overseas use. That was a terrifying 24 hrs, and no apology from the staff. They have very flexible security protocols inhouse. Your personal info is at risk. Your money is at risk. Over the phone they ask for info that is a breach of security. Once, after making a minor complaint about an interaction with a maintenance worker, the assistant manager asked not for my name, but for my account number to identify me! Not to mention too many fees for small services, each fee $3 a piece. They slowly drain your account to line their pockets. Do not use this bank. I no longer am.



Health

Health Grade Components

Overall
FDIC Certificate #90196
Year Established1851
Employees527
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.2%
Return on Equity - YTD2.33%
Annual Interest Income$35MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.96B$2.93B
LoansQ1 2025vs Q1 2024$2.3B$2.39B
DepositsQ1 2025vs Q1 2024$2.42B$2.42B
Equity CapitalQ1 2025vs Q1 2024$254MM$242.8MM
Loan Loss AllowanceQ1 2025vs Q1 2024$26.2MM$20.9MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$6MM$4.1MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not BayCoast Bank; 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.

BayCoast Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$10-Statement Savings
0.10%$10-Savings Club

BayCoast Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Business Money Market Access
OTHER TIERS: 0.10% $1k - $50k | 0.15% $50k - $100k
0.20%*$100k*-Consumer Money Market
OTHER TIERS: 0.10% $1k - $50k | 0.15% $50k - $100k

BayCoast Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$0$25kActive Checking
0.10%$500-Preferred Checking

BayCoast Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%$10-10 Month Statement CD Special
0.70%$10-4 - 5 Year Statement CD
0.50%$10-3 - 4 Year Statement CD
0.40%$10-24 -35 Month Statement CD
0.35%$10-12 - 23 Month Statement CD
0.20%$10-6 Month - Less than 1 Year Statement CD
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.