Brookline Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.25% | 1-year CD | 13 Month CD Special 1.80% - Ally Bank No Penalty 11-Month CD |
| 2.60% | 2-year CD | 24 Month CD Special 2.50% - Capital One 24 Month 360 CD |
| 2.50% | 18-month CD | 18 Month CD Special 2.35% - Ally Bank High Yield 18-Month CD |
Brookline Bank is headquartered in Brookline and is the 10th largest bank in the state of Massachusetts. It is also the 233rd largest bank in the nation. It was established in 1871 and as of March of 2018, it had grown to 416 employees at 27 locations. Brookline Bank has an A+ health rating.
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No Way To Do Business
If you need to open a business account, choose a real bank and not Brookline.
After going through a mountain of paperwork to open an account, I deposited a signifiant number of checks. The next day when I went in to deposit more, they told me my account was canceled due to a credit issue with a 3rd party. Yes, we were involved with another business to resolve a disputed charge. But when we applied for the bank account, this possibility was not mentioned. By the way, I went to TD bank right afterwards and opened an account within 15 minutes with no issues what so ever. But now Brookline had a significant amount of our money tried up until the checks cleared. When they told me I could pick up a check for my deposits, the check was not ready and hadn't "cleared" yet. The person who promised me the check was ready wasn't even there. I'm still waiting for our money.
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17798 |
| Year Established | 1871 |
| Employees | 416 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 10.95% |
| Annual Interest Income | $47.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $4.57B$3.95B |
| Loans | Q1 2018vs Q1 2017 | $4.02B$3.47B |
| Deposits | Q1 2018vs Q1 2017 | $3.21B$2.81B |
| Equity Capital | Q1 2018vs Q1 2017 | $485.2MM$389.0MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $40.0MM$42.7MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $13.8MM$24.3MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $2.9MM$0 |
Always verify rates and promotions with the bank or credit union. We are not Brookline Bank; we are a rate comparison website and cannot provide official rates or promotions.
Brookline Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.60% | $5k | - | 24 Month CD Special | |
| 2.50% | $5k | - | 18 Month CD Special | |
| 2.25% | $5k | - | 13 Month CD Special |
Brookline Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.60% | $5k | - | 24 Month IRA Special | |
| 2.50% | $5k | - | 18 Month IRA Special | |
| 2.25% | $5k | - | 13 Month IRA Special |
