Beverly Bank

Overview / Commentary
254 Cabot Street
Beverly, MA 01915

Beverly Bank is headquartered in Beverly and is the 75th largest bank in the state of Massachusetts. It is also the 1,430th largest bank in the nation. It was established in 1888 and as of June of 2019, it had grown to 80 employees at 7 locations. Beverly Bank's savings rates are 2X the national average, and it has an A health rating.

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Health Grade Components

FDIC Certificate #26601
Year Established1888
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.53%
Return on Equity - YTD6.18%
Annual Interest Income$10.5MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$507.9MM$478.5MM
LoansQ2 2019vs Q2 2018$434.9MM$396.8MM
DepositsQ2 2019vs Q2 2018$429.9MM$398.7MM
Equity CapitalQ2 2019vs Q2 2018$43.3MM$39.9MM
Loan Loss AllowanceQ2 2019vs Q2 2018$4.3MM$4.2MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$637.00K$1.2MM
Real Estate OwnedQ2 2019vs Q2 2018$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

1.20%$2.5k-Online Only Statement Savings (New Money)
0.05%$10-IRA Savings
0.05%$10-Statement Savings

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

2.00%$500-60 Month CD
1.90%$500-11 Month CD Special
1.50%$500-48 Month CD
1.25%$500-36 Month CD
1.00%$500-18 Month CD
0.75%$500-20 Month CD
0.75%$500-24 Month CD
0.55%$500-15 Month CD
0.50%$500-9 Month CD
0.50%$500-12 Month CD
0.30%$500-6 Month CD
0.30%$500-7 Month CD
0.15%$500-91 Day CD

Beverly Bank IRA Rates

2.00%$500-60 Month IRA CD
1.90%$500-11 Month IRA CD
1.50%$500-48 Month IRA CD
1.25%$500-36 Month IRA CD
1.00%$500-18 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%$500-9 Month IRA CD
0.50%$500-12 Month IRA CD
0.30%$500-6 Month IRA CD
0.30%$500-7 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
Peabody Branch167 Washington StPeabody, MA 01960

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