Beverly Bank

Overview / Commentary
254 Cabot Street
Beverly, MA 01915

Beverly Bank is headquartered in Beverly and is the 78th largest bank in the state of Massachusetts. It is also the 1,466th largest bank in the nation. It was established in 1888 and as of December of 2018, it had grown to 75 employees at 6 locations. Beverly Bank's savings rates are 3X the national average, and it has an A health rating.

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19-Month CD Special, 2.60% APY - 5/25/2018

Just added - 19-month CD Special, 2.60% APY, $500 minimum Available in Massachusetts' North Shore.

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Health Grade Components

FDIC Certificate #26601
Year Established1888
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.72%
Return on Equity - YTD8.39%
Annual Interest Income$18.8MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$486.8MM$447.1MM
LoansQ4 2018vs Q4 2017$409.4MM$371.4MM
DepositsQ4 2018vs Q4 2017$410.9MM$375.7MM
Equity CapitalQ4 2018vs Q4 2017$41.5MM$39.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$4.2MM$4.1MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.1MM$931.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
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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.

Beverly Bank Savings Account Rates

1.50%$100-Your Community Rewards (New Money)
1.20%$2.5k-Online Only Statement Savings (New Money)
0.05%$10-IRA Savings
0.05%$10-Statement Savings
0.05%$10-Christmas Clubs

Beverly Bank Money Market Rates

0.50%*$100k*-Money Market (MMDA)
OTHER TIERS: 0.10% $10 - $2.5k | 0.20% $2.5k - $25k | 0.25% $25k - $100k

Beverly Bank Checking Account Rates

0.75%*$5k*$50kUltimate Checking
OTHER TIERS: 0.25% $50k+

Beverly Bank CD Rates

2.85%$500-23 Month CD Special - New Money
2.75%$500-60 Month CD
2.60%$500-18 Month CD
2.60%$500-18 Month CD Special
2.25%$500-11 Month CD Special - New Money
2.15%$500-9 Month CD
2.15%$500-9 Month CD Special
2.00%$500-36 Month CD
2.00%$500-48 Month CD
0.75%$500-20 Month CD
0.75%$500-24 Month CD
0.55%$500-15 Month CD
0.50%$500-12 Month CD
0.30%$500-6 Month CD
0.15%$500-91 Day CD

Beverly Bank IRA Rates

2.75%$500-60 Month IRA CD
2.60%$500-18 Month IRA CD
2.15%$500-9 Month IRA CD
2.00%$500-36 Month IRA CD
2.00%$500-48 Month IRA CD
0.75%$500-20 Month IRA CD
0.75%$500-24 Month IRA CD
0.55%$500-15 Month IRA CD
0.50%$500-12 Month IRA CD
0.40%$500-11 Month IRA CD
0.30%$500-6 Month IRA CD
0.15%$500-91 Day IRA CD

Beverly Bank Locations
Beverly Co-Operative Bank254 Cabot StreetBeverly, MA 01915
Enon Street Branch48 Enon StreetBeverly, MA 01915
Beverly Branch63 Dodge StreetBeverly, MA 01915
Salem Branch73 Lafayette StreetSalem, MA 01970
Danvers Branch29 Elm StreetDanvers, MA 01923

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