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 36^th largest bank in the state of Massachusetts. It is also the 692^nd largest bank in the nation. It was established in 1854 and as of June of 2020, it had grown to 216 employees at 16 locations. Lowell Five's money market rates are 70% higher than the national average, and it boasts an A+ health rating.

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Health

A+

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #	90227
Year Established	1854
Employees	216
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.2%
Return on Equity - YTD	1.65%
Annual Interest Income	$24.0MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$1.37B$1.16B
Loans	Q2 2020vs Q2 2019	$1.02B$913.2MM
Deposits	Q2 2020vs Q2 2019	$1.19B$996.0MM
Equity Capital	Q2 2020vs Q2 2019	$155.8MM$147.4MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$9.5MM$8.9MM
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$411.00K$3.9MM
Real Estate Owned	Q2 2020vs Q2 2019	$0$1.7MM

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
0.45%^*	$50k^*	-	Business Companion Statement Savings
OTHER TIERS: 0.05% → Up to $10k \| 0.20% → $10k - $25k \| 0.30% → $25k - $50k
0.25%	-	-	Before You Know It
0.05%	-	-	Passbook Savings
0.05%	-	-	Statement Savings
0.05%	-	-	Companion Savings

Lowell Five Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	$1m^*	-	Premier Money Market
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $100k \| 0.20% → $100k - $250k \| 0.30% → $250k - $500k \| 0.40% → $500k - $750k \| 0.50% → $750k - $1m
0.75%^*	$1m^*	-	IRA Premier Money Market
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $100k \| 0.20% → $100k - $250k \| 0.30% → $250k - $500k \| 0.40% → $500k - $750k \| 0.50% → $750k - $1m
0.20%	$2.5k	-	Business Money Market

Lowell Five Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
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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