Enterprise Bank (MA)

Overview / Commentary
222 Merrimack Street
Lowell, MA 01852

Enterprise Bank (MA) is headquartered in Lowell and is the 14th largest bank in the state of Massachusetts. It is also the 289th largest bank in the nation. It was established in 1989 and as of September of 2020, it had grown to 523 employees at 25 locations. Enterprise Bank (MA) has an A health rating.

Reviews (1)

Very Disappointing

Posted by: |

Very disappointing bank because they are way behind with the online banking. Very difficult bank to work with online banking. Must go thru many hoops and whistles to sign up for something that is a must in today's modern world. I will say thier customer service was good and they are prompt to answer all questions and concerns courtesly. They seem very old school in that they push check writing and check deposit slips over ATM cards. I found this quite odd. Even with all this though I do recommend them because the staff is very friendly and will do thier best to answer all questions to help the custiomer. I just wish their was a much easier way to sign up for their online banking and ATM cards. This would be a plusd.


Health Grade Components

FDIC Certificate #27408
Year Established1989
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD9.08%
Annual Interest Income$108.2MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$4.06B$3.14B
LoansQ3 2020vs Q3 2019$3.11B$2.44B
DepositsQ3 2020vs Q3 2019$3.61B$2.78B
Equity CapitalQ3 2020vs Q3 2019$395.6MM$305.2MM
Loan Loss AllowanceQ3 2020vs Q3 2019$43.8MM$33.9MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$21.3MM$12.0MM
Real Estate OwnedQ3 2020vs Q3 2019$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Enterprise Bank (MA); 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.

Enterprise Bank (MA) Savings Account Rates

0.02%$1-IRA Savings
0.02%$250-Silver Savings
0.02%$250-Retail Statement Savings
0.02%--Enterprise Student Savings

Enterprise Bank (MA) Money Market Rates

0.20%*$1m*-Emerald Money Market - Bonus Rate
OTHER TIERS: 0.02% Up to $100k | 0.10% $100k - $500k | 0.15% $500k - $1m
0.10%*$2m*-Premier Business Money Market
OTHER TIERS: 0.02% $1 - $100k | 0.05% $100k - $2m
0.10%*$1m*-Gold Money Market
OTHER TIERS: 0.02% $1 - $100k | 0.05% $100k - $1m
0.10%*$1m*-Emerald Money Market
OTHER TIERS: 0.02% $1 - $100k | 0.05% $100k - $1m
0.05%*$100k*-Silver Money Market
OTHER TIERS: 0.02% $1 - $100k

Enterprise Bank (MA) Checking Account Rates

0.02%$5k-Emerald Checking
0.02%$750-Gold Checking
0.02%$750-Silver Interest 22/55 Checking
0.02%--Military Checking
0.02%$750-Interest Checking
0.02%$750-Silver Rewards 22/55 Checking

Enterprise Bank (MA) CD Rates

0.50%$500-48 Month CD
0.45%$500-24 Month CD
0.45%$500-Business 24 Month CD
0.45%$500-Business 30 Month CD
0.45%$500-30 Month CD
0.45%$500-36 Month CD
0.45%$500-Business 36 Month CD
0.45%$500-Business 48 Month CD
0.45%$500-Business 60 Month CD
0.45%$500-Business 72 Month CD
0.45%$500-60 Month CD
0.45%$500-72 Month CD
0.35%$500-18 Month CD
0.35%$500-Business 18 Month CD
0.30%$500-12 Month CD
0.30%$500-Business 12 Month CD
0.15%$2.5k-6 Month CD
0.15%$2.5k-Business 6 Month CD
0.15%$2.5k-9 Month CD
0.05%$2.5k-3 Month CD
0.05%$2.5k-Business 3 Month CD

Enterprise Bank (MA) IRA Rates

0.50%$500-48 Month IRA
0.45%$500-24 Month IRA
0.45%$500-30 Month IRA
0.45%$500-36 Month IRA
0.45%$500-60 Month IRA
0.45%$500-72 Month IRA
0.35%$500-18 Month IRA
0.30%$500-12 Month IRA
0.15%$2.5k-6 Month IRA
0.15%$2.5k-9 Month IRA
0.05%$2.5k-3 Month IRA


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.