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Overview / Commentary
617-651-8546
1196 River Street
Boston, MA 02136

Blue Hills Bank is headquartered in Boston and is the 16th largest bank in the state of Massachusetts. It is also the 350th largest bank in the nation. It was established in 1871 and as of September of 2017, it had grown to 232 employees at 11 locations. Blue Hills Bank has an A+ health rating.

Related Posts

Blue Hills Bank (MA) Adds Two Limited-Time Bump Up CDs - 7/19/2017

Blue Hills Bank (MA) is offering a 23-month Bump Up CD (2.00% APY) and 59-month Bump Up CD (2.47% APY) now through 8/18/17. Minimum deposit is $500.

1.50% Money Market Promotion At A Boston Branch Of Blue Hills Bank - 5/24/2017

1.50% APY Premier Money Market $10,000 minimum balance $3 million maximum A Blue Hills Bank personal checking account is required To take advantage of this grand opening special offer, open an account online or stop by the new branch located at 87 Seaport Boulevard in Boston. Note, the rate isn’t guaranteed to last for any period of time. https://www.bluehillsbank.com/seaport-premier-money-market/

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Reviews (6)

Blue Hills Savings Bank

Posted by: Jdibbs | Feb 12, 2012

As a long term customer, over twenty years, I have always been satisifed with the service I've received.  On line banking, checking, safety deposit box, mortgage, personal loans, home equity loan, etc. are some of the services I've received.  In over twenty years, NO COMPLAINTS!  I love my bank.  I work in financial services so I'm quite picky but Blue Hills fka Hyde Park Savings Bank has been a positive part of my life.

Out Of State Tasks

Posted by: retjero | Dec 16, 2011

I have kept some accounts or financial instruments with this bank since childhood.  They have always been efficient and friendly.  I recently had to cash in a CD after having lost the book and being many miles from Massachusetts.  They put me on the right path to getting this done quickly through snail mail.

That's Unfortunate

Posted by: CBR | Jul 11, 2017

NOTE: You MUST live or work in Massachusetts to open an account with Blue Hills Bank

Bank Management Lack Of Customer Service

Posted by: jdimarzio | Dec 26, 2016

I have been a customer for over 30 years. I made a deposit with a payroll check. The teller did not enter the check as a payroll check so it took longer to clear which bounced some of my checks. The bank said there is nothing they can do and are charging me $66 in fees. I will be closing all of my accounts. What a shame that this is how Blue Hills Bank treats customers who have been there as long as I have and do not acknowledge a bank error.

Mistakes That I Paid For

Years ago I had an account with this bank and it was a good local bank. Fast forward three years and what a mess! First the papers with my new address don't get sent to the main office so check and debit card go to the wrong place. I have to open a new account but have to leave money in first account because I arranged for direct deposit. A bill payment is short $3 because my money is divided payment denied $30 fee. This happened twice even though they paid another payment that was short I have paid $90 in fees in the first month. One star is generous in this review.

Worse Customer Service

Posted by: Anonymous | Aug 10, 2011

I had to go to the Truman Highway location to activate my debit card. I waited 35 minutes for someone to help me. There were 4 people working, but they were helping only 2 customers. So when they finally saw how aggravated I was getting, someone came out to help me. My first question to her was "why does it take 4 people to help just 2 customers?" Of course no good answer. But again, THE WORSE CUSTOMER SERVICE!! Never let your customers wait a hour!!!!!!!!!!!!!!! Looking for a new bank with better customer service. Which would be any other bank but this one.



Health
A+

Health Grade Components

Overall
FDIC Certificate #90160
Year Established1871
Employees232
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD6.85%
Annual Interest Income$61.9MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$2.54B$2.31B
LoansQ3 2017vs Q3 2016$2.08B$1.74B
DepositsQ3 2017vs Q3 2016$2.05B$1.76B
Equity CapitalQ3 2017vs Q3 2016$325.3MM$301.6MM
Loan Loss AllowanceQ3 2017vs Q3 2016$20.2MM$17.7MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$11.3MM$7.8MM
Real Estate OwnedQ3 2017vs Q3 2016$202.00K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Blue Hills 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.

Blue Hills Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$10k*-Ultimate Savings w/Relationship Checking
OTHER TIERS: 0.35% $10 - $10k
0.50%*$50k*$2,500kBlue Hills Relationship Savings
OTHER TIERS: 0.30% $10+ | 0.35% $10k - $25k | 0.40% $25k - $50k
0.50%*$10k*-Ultimate Savings w/Ultimate Checking
OTHER TIERS: 0.25% $10 - $10k
0.10%*$10k*-Business Statement Savings
OTHER TIERS: 0.05% $10 - $10k
0.05%--Statement Savings
0.05%--Passbook Savings

Blue Hills Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$100k*$2,500kBusiness Money Market Account
OTHER TIERS: 0.10% $10 - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k | 0.30% $2,500k+
0.30%*$50k*-Money Market Account
OTHER TIERS: 0.05% $10 - $10k | 0.15% $10k - $25k | 0.20% $25k - $50k

Blue Hills Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--IOLTA
0.05%--Relationship Checking
0.02%--Municipal Checking
0.02%--Analyzed Municipal Business Checking
0.02%--Premier Business Checking

Blue Hills Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.65%--60 Month Ultimate CD (With Ultimate/Relationship Checking)
1.55%--60 Month CD
1.55%--48 Month Ultimate CD (With Ultimate/Relationship Checking)
1.45%--48 Month CD
1.30%--36 Month Ultimate CD (With Ultimate/Relationship Checking)
1.30%--Business 36 Month CD
1.20%--36 Month CD
1.00%--24 Month Ultimate CD (With Ultimate/Relationship Checking)
0.90%--24 Month CD
0.90%--Business 24 Month CD
0.75%--16 Month CD - Promotion
0.60%--18 Month Ultimate CD (With Ultimate/Relationship Checking)
0.50%--18 Month CD
0.50%--Business 18 Month CD
0.45%--12 Month Ultimate CD (With Ultimate/Relationship Checking)
0.40%--Business 12 Month CD
0.35%--12 Month CD
0.25%--Business 6 Month CD
0.15%--6 Month CD
0.10%--91 Day CD
0.10%--Business 91 Day CD

Blue Hills Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.55%--60 Month IRA
1.45%--48 Month IRA
1.20%--36 Month IRA
0.90%--24 Month IRA
0.50%--18 Month IRA
0.35%--12 Month IRA
Locations


Blue Hills Bank Locations
Truman Parkway Branch1065 Truman ParkwayBoston, MA 02136
Norwood Branch111 Lenox StreetNorwood, MA 02062
Blue Hills Bank1196 River StreetBoston, MA 02136
West Roxbury Branch1920 Centre StreetWest Roxbury, MA 02132
Dedham Branch741 Providence HighwayDedham, MA 02026
Milton Branch480 Adams StreetMilton, MA 02186
Westwood Branch171 University AvenueWestwood, MA 02090
Seaport Boulevard Branch87 Seaport BoulevardBoston, MA 02210