Marblehead Bank is headquartered in MARBLEHEAD and is the 88th largest bank in the state of Massachusetts. It is also the 2,714th largest bank in the nation. It was established in 1871 and as of September of 2024, it had grown to 51 employees at 4 locations. Marblehead Bank's money market rates are 5X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 90234 |
Year Established | 1871 |
Employees | 51 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 0.41% |
Return on Equity - YTD | 4.56% |
Annual Interest Income | $8.5MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $256.7MM$257MM |
Loans | Q3 2024vs Q3 2023 | $208.2MM$203.9MM |
Deposits | Q3 2024vs Q3 2023 | $225.8MM$227.8MM |
Equity Capital | Q3 2024vs Q3 2023 | $24.1MM$22.1MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $1.2MM$1.1MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $227K$282K |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.10% | $0 | - | Passbook Savings | |
0.10% | $0 | - | Statement Savings | |
0.10% | $0 | - | Passbook Retirement Savings | |
0.10% | $0 | - | Business Statement Savings |
Marblehead Bank Locations | ||
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Humphrey Street Branch | 1 Humphrey Street | Marblehead, MA 01945 |
Cummings Center Branch | 100 Cummings Center Suite 101-F | Beverly, MA 01915 |
Marblehead Bank | 21 Atlantic Ave | Marblehead, MA 01945 |
Canal Street Branch | 125 Canal Street | Salem, MA 01970 |