Overview / Commentary
2 Leonard Street
Belmont, MA 02478

Belmont Savings Bank is headquartered in Belmont and is the 15th largest bank in the state of Massachusetts. It is also the 326th largest bank in the nation. It was established in 1885 and as of June of 2018, it had grown to 138 employees at 7 locations. Belmont Savings Bank's money market rates are 4X the national average, and it has an A health rating.

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2.5% APY 7-Month CD Special (MA) - 8/5/2018

-No checking account required. -Limit one CD per taxpayer identification number, per CD type. -New-to-Bank money only or this CD can be opened with funds from a maturing Belmont Savings Bank CD at its maturity date. -This certificate of deposit is available for balances from $500 up to $1,000,000 and every dollar is fully insured.** **Belmont Savings Bank customers have their deposits insured in full through a combination of deposit insurance from the FDIC and the Depositors Insurance Fund (DIF). The FDIC insures all deposits up to $250,000 per depositor. All deposits above these amounts are insured by the DIF. https://www.belmontsavings.com/7-month-cd

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Health Grade Components

FDIC Certificate #23901
Year Established1885
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.87%
Return on Equity - YTD13.51%
Annual Interest Income$46.3MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$2.91B$2.37B
LoansQ2 2018vs Q2 2017$2.54B$2.07B
DepositsQ2 2018vs Q2 2017$1.84B$1.62B
Equity CapitalQ2 2018vs Q2 2017$185.7MM$165.1MM
Loan Loss AllowanceQ2 2018vs Q2 2017$17.3MM$15.1MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$758.00K$1.7MM
Real Estate OwnedQ2 2018vs Q2 2017$0$0
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Always verify rates and promotions with the bank or credit union. We are not Belmont Savings 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.

Belmont Savings Bank Savings Account Rates

2.23%*$250k*$500kImpact Savings
OTHER TIERS: 0.50% $500k+ | 1.65% Up to $250k
1.00%-$200kPlatinum Blue High Yield Business Savings
1.00%-$1mSimply Savings
0.75%*$5m*$10mMunicipal Savings
OTHER TIERS: 0.45% $10m+ | 0.60% Up to $5m
0.40%*$100k*$500kPremium Business Savings
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $100k | 0.25% $500k - $750k

Belmont Savings Bank Money Market Rates

1.95%*-$250kSelect Money Market Savings - Online Only
OTHER TIERS: 0.40% $250k - $1m

Belmont Savings Bank Checking Account Rates

2.00%*$10k*$25kBusiness Blue with Interest Checking
OTHER TIERS: 0.81% $25k+ | 1.00% Up to $10k
0.50%*-$10kImpact Checking with Interest
OTHER TIERS: 0.01% $10k+

Belmont Savings Bank CD Rates

3.04%$5k-5 Year Accelerate Rising Rate CD (New Money Only)
2.91%$500-2 Year Rising Rate CD (New Money)
2.30%$500$500k6 Month CD Special
1.75%$25k-12 Month Municipal CD
1.75%$500-PlatinumBlue 1 Year CD Special
1.60%$25k-6 Month Municipal CD
1.40%$25k-9 Month Municipal CD
1.15%$500-5 Year CD
1.00%$500-4 Year CD
0.90%$500-3 Year CD
0.75%$500-2 Year CD
0.50%$500-1 Year CD
0.30%$500-1 1/2 Year CD
0.15%$500-6 Month CD
0.10%$500-91 Day CD

Belmont Savings Bank IRA Rates

1.15%$35-5 Year IRA
1.00%$35-4 Year IRA
0.90%$35-3 Year IRA
0.75%$35-2 Year IRA
0.50%$35-1 Year IRA
0.30%$35-1 1/2 Year IRA
0.15%$35-6 Month IRA
0.10%$35-91 Day IRA

Belmont Savings Bank Locations
Waltham Shaws Branch1070 Lexington StreetWaltham, MA 02452
Belmont Savings Bank2 Leonard StreetBelmont, MA 02478
Trapelo Road Branch277 Trapelo RoadBelmont, MA 02478
Watertown Square Branch53 Mount Auburn StreetWatertown, MA 02472
Cambridge Star Market Branch699 Mt. Auburn StreetCambridge, MA 02138
Shaw's Newtonville Branch33 Austin StreetNewtonville, MA 02460

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