Envision Bank is headquartered in Randolph and is the 61st largest bank in the state of Massachusetts. It is also the 1,180th largest bank in the nation. It was established in 1851 and as of September of 2019, it had grown to 206 employees at 6 locations. Envision Bank's savings rates are 3X the national average, and it has an A health rating.
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Happy With Envision (And Randolph Savings Before)
Account was compromised, as an unauthorized $500 ATM withdrawal was made. ATM card was replaced and stolen funds were returned promptly. Was dreading the process, but Envision made the experience a very pleasant surprise. Had been a happy Randolph Savings Bank customer for a number of years before the name changed. Mobile app isn't great, but as long as they offer their excellent Apex rewards checking account I'll remain a fan.
I Had Been Considering Becoming A RSB Customer
I've been considering using Randolph Savings for a few days. I reached out to them via their email address this morning to find out more information. I found that their customer support was very responsive, a human responded within 3 minutes to my initial request. I was very impressed and I'm now planning to move my accounts based on that experience.
ACH Transfer Fee
Be careful when opening account with Envision Bank.
Below are the ACH transfer fees:
Inbound ACH transfer fee: $0.00
Standard outbound ACH transfer fee: $3.00
Next day outbound ACH transfer fee: $4.00
Inbound ACH transfer limit: 5K/month
Opened savings account with Envision Bank couple months ago. Customer service was OK. ACH transfer limit is low and takes 3 business days to clear. Haven't withdrawn money for couple months. This week planned to withdraw money (not close account) and saw the outbound ACH transfer fees.
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 90270 |
| Year Established | 1851 |
| Employees | 206 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 4.96% |
| Annual Interest Income | $19.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $641.8MM$590.2MM |
| Loans | Q3 2019vs Q3 2018 | $551.6MM$493.1MM |
| Deposits | Q3 2019vs Q3 2018 | $500.9MM$437.5MM |
| Equity Capital | Q3 2019vs Q3 2018 | $72.1MM$66.1MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $4.2MM$3.9MM |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $3.5MM$2.7MM |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$82.00K |
Always verify rates and promotions with the bank or credit union. We are not Envision 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.
Envision Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.80% | $25 | - | Savvy Savings | |
| 0.10% | $25 | - | Statement Savings | |
| 0.10% | $10 | - | Holiday Club | |
| 0.10% | $10 | - | Business Statement Savings | |
| 0.10% | $10 | - | Vacation Club |
Envision Bank Money Market Rates
Envision Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.47% | $25 | $25k | Envision Max Checking | |
| 0.15% | $25 | - | Horizon 50+ Checking | |
| 0.15% | $25 | - | Envision Plus Checking |
Envision Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.80% | $1k | - | 7 Month Promo CD | |
| 0.90% | $1k | - | 36 Month CD | |
| 0.90% | $1k | - | 60 Month CD | |
| 0.90% | $1k | - | 48 Month CD | |
| 0.80% | $1k | - | 24 Month CD | |
| 0.45% | $1k | - | 18 Month CD | |
| 0.35% | $1k | - | 12 Month CD | |
| 0.25% | $2.5k | - | 6 Month CD |
Envision Bank IRA Rates
| Envision Bank Locations | ||
|---|---|---|
| Randolph Savings Bank | 129 North Main Street | Randolph, MA 02368 |
| Holbrook Branch | 50 South Franklin Street | Holbrook, MA 02343 |
| Stoughton Branch | 87 Sharon Street | Stoughton, MA 02072 |
| Washington Street Stoughton Branch | 497 Washington Street | Stoughton, MA 02072 |
| Braintree Branch | One Rockdale Street | Braintree, MA 02184 |