APY | ACCOUNT TYPE | ACCOUNT NAME |
---|---|---|
2.75% | 5-year CD | 60 Month CD 2.50% - Ally Bank High Yield 5 Year CD |
2.00% | 3-year CD | 36 Month CD 2.35% - Synchrony Bank 36 Month CD |
2.00% | 4-year CD | 48 Month CD |
Beverly Bank is headquartered in Beverly and is the 78th largest bank in the state of Massachusetts. It is also the 1,579th largest bank in the nation. It was established in 1888 and as of December of 2017, it had grown to 72 employees at 6 locations. Beverly Bank's savings rates are 2X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 26601 |
Year Established | 1888 |
Employees | 72 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.46% |
Return on Equity - YTD | 5.27% |
Annual Interest Income | $16.7MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2017vs Q4 2016 | $447.1MM$415.7MM |
Loans | Q4 2017vs Q4 2016 | $371.4MM$345.5MM |
Deposits | Q4 2017vs Q4 2016 | $375.7MM$364.1MM |
Equity Capital | Q4 2017vs Q4 2016 | $39.1MM$37.0MM |
Loan Loss Allowance | Q4 2017vs Q4 2016 | $4.1MM$4.0MM |
Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $931.00K$999.00K |
Real Estate Owned | Q4 2017vs Q4 2016 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Beverly 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.20% | $2,500 | - | Online Only Statement Savings (New Money) | |
1.00% | $100 | - | Your Community Rewards (New Money) | |
0.05% | - | - | IRA Savings | |
0.05% | - | - | Statement Savings | |
0.05% | - | - | Christmas Clubs |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | $100k* | - | Money Market (MMDA) | ||
OTHER TIERS: 0.10% → $10 - $2,500 | 0.20% → $2,500 - $25k | 0.25% → $25k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | Now Checking Account |
Beverly Bank Locations | ||
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Beverly Co-Operative Bank | 254 Cabot Street | Beverly, MA 01915 |
Enon Street Branch | 48 Enon Street | Beverly, MA 01915 |
Beverly Branch | 63 Dodge Street | Beverly, MA 01915 |
Salem Branch | 73 Lafayette Street | Salem, MA 01970 |
Danvers Branch | 29 Elm Street | Danvers, MA 01923 |