Enterprise Bank (MA) is headquartered in LOWELL and is the 12th 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 June of 2024, it had grown to 573 employees at 27 locations. Enterprise Bank (MA)'s CD rates are 2X the national average, and it has an A health rating.
Enterprise Banks online system is horrible, it's completely outdated compared to most other banks. The apps constantly won't let you login due to server and maintenance issues and then lock you out of your accounts for too many attempts. I'll be changing banks for this reason.
Overall | |
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FDIC Certificate # | 27408 |
Year Established | 1989 |
Employees | 573 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.85% |
Return on Equity - YTD | 10% |
Annual Interest Income | $111.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2024vs Q2 2023 | $4.77B$4.5B |
Loans | Q2 2024vs Q2 2023 | $3.71B$3.29B |
Deposits | Q2 2024vs Q2 2023 | $4.25B$4.08B |
Equity Capital | Q2 2024vs Q2 2023 | $396.9MM$366.2MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $62MM$56.9MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $17.6MM$7.6MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
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* 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 |
---|---|---|---|---|
0.01% | $1 | - | IRA Savings | |
0.01% | $250 | - | Silver Savings | |
0.01% | $250 | - | 55 Plus Savings | |
0.01% | $0 | - | Enterprise Student Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.01% | $5k | - | Emerald Checking | |
0.01% | $750 | - | Gold Checking | |
0.01% | $0 | - | Military Checking | |
0.01% | $750 | - | Silver Checking |