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.
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.
Overall | |
---|---|
FDIC Certificate # | 27408 |
Year Established | 1989 |
Employees | 523 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.84% |
Return on Equity - YTD | 9.08% |
Annual Interest Income | $108.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $4.06B$3.14B |
Loans | Q3 2020vs Q3 2019 | $3.11B$2.44B |
Deposits | Q3 2020vs Q3 2019 | $3.61B$2.78B |
Equity Capital | Q3 2020vs Q3 2019 | $395.6MM$305.2MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $43.8MM$33.9MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $21.3MM$12.0MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.02% | $1 | - | IRA Savings | |
0.02% | $250 | - | Silver Savings | |
0.02% | $250 | - | Retail Statement Savings | |
0.02% | - | - | Enterprise Student Savings |