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 684^th largest bank in the nation. It was established in 1854 and as of December of 2020, 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 an A health rating.

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Health

Data as of Q4 2020

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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	0.51%
Return on Equity - YTD	4.31%
Annual Interest Income	$48.5MM

Assets and Liabilities
Assets	Q4 2020vs Q4 2019	$1.43B$1.19B
Loans	Q4 2020vs Q4 2019	$1.07B$933.4MM
Deposits	Q4 2020vs Q4 2019	$1.25B$1.02B
Equity Capital	Q4 2020vs Q4 2019	$159.5MM$152.7MM
Loan Loss Allowance	Q4 2020vs Q4 2019	$10.2MM$8.3MM
Unbacked Noncurrent Loans	Q4 2020vs Q4 2019	$13.0MM$3.6MM
Real Estate Owned	Q4 2020vs Q4 2019	$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
0.45%^*	$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%	-	-	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
0.20%	$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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