Overview / Commentary
978-922-0857
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 1,482nd 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.

Related Posts

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.

60-Month CD Now At 2.75% APY - 1/19/2018

Beverly Bank has raised the rate on its 60-month CD (2.75% APY). Minimum deposit is $500

20- And 30-Month CD Specials - 11/18/2017

20-month CD Special, 2.00% APY 30-month CD Special, 2.15% APY $500 minimum/$250k maximum deposit https://www.beverlybank.com/personal/savings-cds-and-iras/19-month-cd-special.aspx

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Health

Health Grade Components

Overall
FDIC Certificate #26601
Year Established1888
Employees68
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD8.03%
Annual Interest Income$9.0MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$478.5MM$436.4MM
LoansQ2 2018vs Q2 2017$396.8MM$362.6MM
DepositsQ2 2018vs Q2 2017$398.7MM$381.9MM
Equity CapitalQ2 2018vs Q2 2017$39.9MM$38.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$4.2MM$4.1MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.2MM$2.0MM
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW 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

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

Beverly Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 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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