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  2. Beverly Bank

Beverly Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.10%5-year CD60 Month CD Special
1.85% - Synchrony Bank 60 Month CDAdvertisement
0.40%1-year CD11 Month CD
1.05% - Ally Bank High Yield 12-Month CDAdvertisement
0.05%SavingsStatement Savings
1.00% - Ally Bank Online Savings AccountAdvertisement
View all Beverly Bank rates »

Overview / Commentary
www.beverlybank.com
978-922-0857
254 Cabot Street
Beverly, MA 01915

Beverly Bank is headquartered in Beverly and is the 84th largest bank in the state of Massachusetts. It is also the 1,725th largest bank in the nation. It was established in 1888 and as of June of 2016, it had grown to 69 employees at 4 locations. Beverly Bank's money market rates are 14% higher than the national average, and it has an A health rating.

Related Posts

Beverly Bank (MA) Offers Three Online CD Specials - 2/15/2016

Beverly Bank (MA) has a new 23-month CD (1.75% APY, $10K min) and two online CD Specials: 20-month (1.50% APY, $500 min) and 60-month (2.20% APY, $500 min).

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Reviews (1)

Locals Only

Posted by: joelgarfield | May 12, 2016

this bank - like others on these "best rate" lists -- only opens accts for customers in their local area.

4


Health
A

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
FDIC Certificate #26601
Year Established1888
Employees69
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD5.59%
Annual Interest Income$7.4MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$394.0MM$359.0MM
LoansQ2 2016vs Q2 2015$343.6MM$311.0MM
DepositsQ2 2016vs Q2 2015$344.4MM$315.2MM
Equity CapitalQ2 2016vs Q2 2015$35.7MM$28.4MM
Loan Loss AllowanceQ2 2016vs Q2 2015$4.0MM$3.9MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$1.5MM$1.1MM
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Beverly Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--IRA Savings
0.05%--Passbook Savings
0.05%--Statement Savings
0.05%--Christmas Clubs

Beverly Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$100k*-Money Market (MMDA)
OTHER TIERS: 0.10% → $10 - $2,500 | 0.20% → $2,500 - $25k | 0.25% → $25k - $100k

Beverly Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Now Checking Account

Beverly Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.10%$500-60 Month CD
2.10%$500-60 Month CD Special
1.30%$500-48 Month CD
1.25%$500-20 Month ONLINE CD Special
1.00%$500-36 Month CD
0.75%$500-20 Month CD
0.75%$500-24 Month CD
0.60%$500-18 Month CD
0.55%$500-15 Month CD
0.50%$500-12 Month CD
0.40%$500-9 Month CD
0.40%$500-11 Month CD
0.30%$500-6 Month CD
0.15%$500-91 Day CD

Beverly Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.10%$500-60 Month IRA CD
1.30%$500-48 Month IRA CD
1.00%$500-36 Month IRA CD
0.75%$500-20 Month IRA CD
0.75%$500-24 Month IRA CD
0.60%$500-18 Month IRA CD
0.55%$500-15 Month IRA CD
0.50%$500-12 Month IRA CD
0.40%$500-9 Month IRA CD
0.40%$500-11 Month IRA CD
0.30%$500-6 Month IRA CD
0.15%$500-91 Day IRA CD
Locations


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