Belmont Savings Bank

Overview / Commentary
2 Leonard Street
Belmont, MA 02478

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Belmont Savings Bank Adds 7-Month Holiday CD - 12/11/2018

Belmont Saving Bank has added a 7-month Holiday CD Special (2.75% APY) that is available online in MA, NH, and RI. Min deposit is $500 of new money and is capped at $1m.

7-Month Holiday CD, 2.75% APY - 12/8/2018

Six branches in Middlesex County, Massachusetts and the online application states: "We are pleased to open new accounts for all Massachusetts residents as well as New Hampshire and Rhode Island residents in select zip codes." Annual percentage yield (APY) effective as of 12/6/2018 for the 7-Month Holiday CD. This CD has a 7-month term. Maximum balance $1,000,000.00. You must maintain a minimum balance of $500 in the CD account to open and obtain the disclosed APY. All interest earned must remain in the CD for the entire term; withdrawal of the interest during the term will result in earnings below the published APY. A penalty may be imposed for early withdrawal. New-to-Bank money only or this CD can be opened with funds from a maturing Belmont Savings Bank CD at its maturity date. Available for consumer and business deposits. Limit one CD per taxpayer identification number, per CD type. Offer may be withdrawn at any time.

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.

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Health Grade Components

FDIC Certificate #27334
Year Established1988
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1%
Return on Equity - YTD7.34%
Annual Interest Income$446.9MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$47.88B$43.86B
LoansQ1 2019vs Q1 2018$35.30B$31.92B
DepositsQ1 2019vs Q1 2018$37.26B$33.32B
Equity CapitalQ1 2019vs Q1 2018$6.54B$5.69B
Loan Loss AllowanceQ1 2019vs Q1 2018$240.9MM$235.3MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$184.6MM$179.3MM
Real Estate OwnedQ1 2019vs Q1 2018$11.0MM$17.4MM
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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

1.00%-$200kPlatinum Blue High Yield Business 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
0.02%--Relationship Savings
0.02%--Statement Savings

Belmont Savings Bank Money Market Rates

2.20%*$25k*$5mRelationship Money Market Savings Special - New Money
OTHER TIERS: 0.35% Any amount

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

2.40%$500$250k12 Month CD Special
2.20%$500-6 Month CD
1.75%$25k-Municipal 12 Month CD
1.60%$25k-Municipal 6 Month CD
1.40%$25k-Municipal 9 Month CD
1.10%$500-5 Year CD
0.85%$500-4 Year CD
0.75%$500-3 Year CD
0.70%$500-2 Year CD
0.50%$500-1 1/2 Year CD
0.40%$500-1 Year CD
0.20%$500$250k7 Month CD Special
0.15%$500-91 Day CD

Belmont Savings Bank IRA Rates

2.20%$35-6 Month IRA
1.10%$35-5 Year IRA
0.85%$35-4 Year IRA
0.75%$35-3 Year IRA
0.70%$35-2 Year IRA
0.50%$35-1 1/2 Year IRA
0.40%$35-1 Year IRA
0.15%$35-91 Day IRA

Belmont Savings Bank Locations
Watertown Square Branch53 Mount Auburn StreetWatertown, MA 02472
Belmont Center Branch2 Leonard StreetBelmont, MA 02478
Trapelo Road Branch277 Trapelo RoadBelmont, MA 02478
Cambridge Star Market Branch699 Mt. Auburn StreetCambridge, MA 02138
Shaw's Newtonville Branch33 Austin StreetNewtonville, MA 02460
Waltham Shaws Branch1070 Lexington StreetWaltham, MA 02452
Penn Station Branch242 West 34th StreetNew York, NY 10119

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.