First Seacoast Bank

Overview / Commentary
633 Central Avenue
Dover, NH 03820

First Seacoast Bank is headquartered in DOVER and is the 11th largest bank in the state of New Hampshire. It is also the 1,607th largest bank in the nation. It was established in 1890 and as of December of 2023, it had grown to 76 employees at 5 locations. First Seacoast Bank's money market rates are 10X the national average, and it has an A health rating.

Reviews (2)

This Bank Does It All...And Well!!

Posted by: |

My wife and I moved to Durham, NH about 6 years ago and were totally turned off by several of the local banks. That all changed when we found First Seacoast Bank. We now have our family checking account, family savings, another small savings account and a good number of CDs at First Seacoast.
I am currently researching bank CD rates and security rankings and have found that First Seacoast Bank continues to be an absolute winner for us.

The CD rates are excellent for the durations we need. In our 6 + year affiliation with First Seacoast Bank, I have yet to encounter an error. The CD rates are excellent for the durations we need.

I could go on and on about the staff at the Durham Branch where we bank. They are all very professional, helpful in every way possible, always friendly (and they know I'm a chocolate lover too. I occasionally get a little treat when I come in.) ??

Personal service is something that I highly value and it doesn't get any better than at First Seacoast Bank. On a recent occasion, I dropped an important paper in the lobby with all of my medical information and doctor numbers. Shortly thereafter I received a call telling me that they found the paper. It didn't have my contact information on it...they went to the trouble to research who may have lost it and they contacted me. Who does THAT anymore?

The service is simply excellent (at age 73, I need caring, thoughtful people to help me if I forget something ((or screw something up)). Our plan is to open new CDs in the next couple of days as the rates are perfect and VERY competitive for our duration needs.

In short; wonderful bank, great people, well-rated for security, and the service is as good as it gets. We're so fortunate to have First Seacoast Bank as our bank since we moved to Durham 6+ years ago. We're very comfortable and pleased in every regard with this relationship!

Alan G. Durham, NH

David Tufano

This morning I went to the drive-thru of the Dover, New Hampshire branch. I am not a customer, but I stopped to cash a check that a friend of mine gave to me who is a customer. I gave the check and my enhanced New Hampshire driver's license to the teller at the window. The teller asked me if I had a second ID, preferably a credit or debit card. I questioned her and told her that I would rather not send any card with my debit card number or credit card number on it, especially because they have the expiration date and security code right on the card. I gave her a government issued VA benefit card with a photo on it. She told me that would not be sufficient. After further questioning, she went to see the branch manager. After about 10 minutes, with other cars waiting behind me, the branch manager came over and told me that she was going to make an exception, do me a favor, and cash the check. She also told me that she called the account holder, who of course was at work, and confused her as to why she was being called in the middle of the day. The amount of the check that I was cashing was a whopping $30.00. Needless to say, if I ever have the need for a local bank account it certainly would not be at this bank, and I have sympathy for anyone who is a customer of theirs. FYI- any enhanced driver's license is sufficient identification to obtain a US passport and/or to travel internationally with. If it's security that they are concerned with, they should get a grip.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. First Seacoast Bank has a negative return on equity.

Health Grade Components

FDIC Certificate #29744
Year Established1890
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-0.96%
Return on Equity - YTD-10.85%
Annual Interest Income$20.7MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$575MM$537.4MM
LoansQ4 2023vs Q4 2022$426.3MM$398.4MM
DepositsQ4 2023vs Q4 2022$426.7MM$393.4MM
Equity CapitalQ4 2023vs Q4 2022$51.5MM$40MM
Loan Loss AllowanceQ4 2023vs Q4 2022$3.4MM$3.6MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$141K$89K
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First Seacoast 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.

First Seacoast Bank Savings Account Rates

1.50%*-$100kKasasa Saver
OTHER TIERS: 0.15% $100k+
0.50%$1-Holiday Club
0.10%*$10k*-Business Savings
OTHER TIERS: 0.03% $500 - $10k
0.07%*$50k*-Statement Savings
OTHER TIERS: 0.01% $10 - $100 | 0.03% $100 - $50k

First Seacoast Bank Money Market Rates

4.25%*$75k*-Coastline Money Market - New Money
OTHER TIERS: 0.50% $2.5k - $75k
2.50%*$75k*-Milestone Money Market
OTHER TIERS: 0.85% $1k - $75k
1.50%*$75k*-Business Select Money market
OTHER TIERS: 0.10% $2.5k - $25k | 0.25% $25k - $75k
0.50%*$75k*-Peak Money Market
OTHER TIERS: 0.05% $2.5k - $25k | 0.15% $25k - $50k | 0.25% $50k - $75k

First Seacoast Bank Checking Account Rates

4.00%*-$20kKasasa Cash Checking
OTHER TIERS: 0.15% $20k+
0.15%*$75k*-Business First Checking
OTHER TIERS: 0.03% $2.5k - $25k | 0.05% $25k - $50k | 0.07% $50k - $75k
0.01%$300-NOW Checking

First Seacoast Bank CD Rates

4.65%$1k-7 Month CD Special
4.65%$1k-Business 7 Month CD Special
4.40%$2.5k-9 Month CD
4.40%$2.5k-Business 9 Month CD
4.15%$1k-11 Month CD
4.15%$1k-Business 11 Month CD
3.90%$1k-17 Month CD
3.90%$1k-Business 17 Month CD
3.75%$1k-2 Year CD
3.75%$1k-Business 2 Year CD
1.45%$1k-19 Month Bump-Up CD
1.45%$1k-Business 19 Month Bump-Up CD
1.00%$1k-91 Day CD
1.00%$1k-Business 91 Day CD
0.55%$1k-5 Year CD
0.55%$1k-Business 5 Year CD
0.50%$1k-182 Day CD
0.50%$1k-Business 182 Day CD
0.40%$1k-3 Year CD
0.40%$1k-Business 3 Year CD
0.25%$1k-18 Month Nest Egg CD
0.25%$500-Business 18 Month Nest Egg CD
0.20%$1k-1 Year CD
0.20%$1k-Business 1 Year CD

First Seacoast Bank IRA Rates

0.55%$1k-5 Year IRA
0.40%$1k-3 Year IRA
0.25%$1k-18 Month IRA
0.20%$1k-1 Year IRA

First Seacoast Bank Locations
1 Market Square Branch1650 Woodbury AvenuePortsmouth, NH 03801
17 Wakefield Street Branch17 Wakefield StreetRochester, NH 03867
Federal Savings Bank633 Central AveDover, NH 03820
Durham Shopping Plaza Branch7a Mill RoadDurham, NH 03824
Rt 125 Barrington BranchRte. 125Barrington, NH 03825

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.