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Overview / Commentary
978-922-0857
254 Cabot Street
Beverly, MA 01915

Beverly Bank is headquartered in Beverly and is the 82nd largest bank in the state of Massachusetts. It is also the 1,667th largest bank in the nation. It was established in 1888 and as of December of 2016, it had grown to 71 employees at 5 locations. Beverly Bank's money market rates are 14% higher than the national average, and it has an A health rating.

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Beverly Bank's (MA) 48-Month CD Now Earns 2.30% APY - 4/14/2017

Beverly Bank (MA) has raised the rates on its long-term CDs: 36-month (2.10% APY), 48-month (2.30% APY), and 60-month (2.55% APY). The minimum deposit is $500.

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Health

Health Grade Components

Overall
FDIC Certificate #26601
Year Established1888
Employees71
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD6.94%
Annual Interest Income$15.3MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$415.7MM$371.4MM
LoansQ4 2016vs Q4 2015$345.5MM$314.7MM
DepositsQ4 2016vs Q4 2015$364.1MM$323.1MM
Equity CapitalQ4 2016vs Q4 2015$37.0MM$34.5MM
Loan Loss AllowanceQ4 2016vs Q4 2015$4.0MM$4.0MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$999.00K$1.2MM
Real Estate OwnedQ4 2016vs Q4 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
2.55%$500-60 Month CD
2.30%$500-48 Month CD
2.10%$500-36 Month CD
2.10%$500-60 Month CD Special
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
2.55%$500-60 Month IRA CD
2.30%$500-48 Month IRA CD
2.10%$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
Danvers Branch29 Elm StreetDanvers, MA 01923