Beverly Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.75%	5-year CD	60 Month CD 3.00% - American Express National Bank 60 Month CD
2.00%	3-year CD	36 Month CD 2.60% - Ally Bank High Yield 3 Year CD
2.00%	4-year CD	48 Month CD 2.50% - Ally Bank Raise Your Rate 4-Year CD

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 78^th largest bank in the state of Massachusetts. It is also the 1,482^nd largest bank in the nation. It was established in 1888 and as of June of 2018, it had grown to 68 employees at 6 locations. Beverly Bank's savings rates are 2X the national average, and it has an A health rating.

Overall
FDIC Certificate #	26601
Year Established	1888
Employees	68
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.69%
Return on Equity - YTD	8.03%
Annual Interest Income	$9.0MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$478.5MM$436.4MM
Loans	Q2 2018vs Q2 2017	$396.8MM$362.6MM
Deposits	Q2 2018vs Q2 2017	$398.7MM$381.9MM
Equity Capital	Q2 2018vs Q2 2017	$39.9MM$38.2MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$4.2MM$4.1MM
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$1.2MM$2.0MM
Real Estate Owned	Q2 2018vs Q2 2017	$0$0

Rates

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Money Market
Checking
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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

APY	MIN	MAX	ACCOUNT NAME
1.20%	$2.5k	-	Online Only Statement Savings (New Money)
1.00%	$100	-	Your Community Rewards (New Money)
0.05%	$10	-	IRA Savings
0.05%	$10	-	Statement Savings
0.05%	$10	-	Christmas Clubs

Beverly Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%^*	$5k^*	$50k	Ultimate Checking
OTHER TIERS: 0.25% → $50k+

Beverly Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.85%	$500	-	23 Month CD Special
2.75%	$500	-	60 Month CD
2.60%	$500	-	19 Month CD Special
2.50%	$500	-	11 Month CD Special
2.30%	$500	-	15 Month CD Special
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
0.60%	$500	-	18 Month CD
0.50%	$500	-	12 Month CD
0.30%	$500	-	6 Month CD
0.15%	$500	-	91 Day CD

Beverly Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.75%	$500	-	60 Month IRA CD
2.30%	$500	-	15 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
0.60%	$500	-	18 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

Locations

Beverly Bank Locations
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

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