Lowell Five

Overview / Commentary

www.lowellfive.com

978-452-1300

30 International Place
Tewksbury, MA 01876

Lowell Five is headquartered in Tewksbury and is the 35^th largest bank in the state of Massachusetts. It is also the 686^th largest bank in the nation. It was established in 1854 and as of June of 2021, it had grown to 217 employees at 16 locations. Lowell Five's money market rates are 14% higher than the national average, and it has a B health rating.

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Health

Data as of Q2 2021

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Health Grade Components

Overall
FDIC Certificate #	90227
Year Established	1854
Employees	217
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.65%
Return on Equity - YTD	5.97%
Annual Interest Income	$24.6MM

Assets and Liabilities
Assets	Q2 2021vs Q2 2020	$1.53B$1.37B
Loans	Q2 2021vs Q2 2020	$1.07B$1.02B
Deposits	Q2 2021vs Q2 2020	$1.34B$1.19B
Equity Capital	Q2 2021vs Q2 2020	$163.1MM$155.8MM
Loan Loss Allowance	Q2 2021vs Q2 2020	$10.5MM$9.5MM
Unbacked Noncurrent Loans	Q2 2021vs Q2 2020	$32.4MM$411.00K
Real Estate Owned	Q2 2021vs Q2 2020	$0$0

Rates

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Savings
Money Market
Checking

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lowell Five Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	-	-	Before You Know It
0.20%^*	$50k^*	-	Business Companion Statement Savings
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $25k \| 0.15% → $25k - $50k
0.05%	-	-	Statement Savings
0.05%	-	-	Companion Savings

Lowell Five Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$750k^*	$1m	Premier Money Market
OTHER TIERS: 0.05% → Up to $100k \| 0.15% → $100k - $250k \| 0.25% → $250k - $500k \| 0.35% → $500k - $750k
0.10%	$2.5k	-	Business Money Market

Lowell Five Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$5k	-	Premier Checking Account
0.05%	$5k	-	Advantage Business Checking
0.05%	$15k	-	Premier Business Checking

Locations

Availability

Boston Area

Boston Area bank & credit union details

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