Martha's Vineyard Savings Bank

Overview / Commentary

www.mvbank.com

774-310-2001

78 Main Street
Edgartown, MA 02539

Martha's Vineyard Savings Bank is headquartered in Edgartown and is the 50^th largest bank in the state of Massachusetts. It is also the 929^th largest bank in the nation. It was established in 1955 and as of June of 2020, it had grown to 110 employees at 9 locations. Martha's Vineyard Savings Bank has 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 #	90190
Year Established	1955
Employees	110
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.8%
Return on Equity - YTD	6.53%
Annual Interest Income	$17.1MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$969.3MM$847.7MM
Loans	Q2 2020vs Q2 2019	$797.8MM$705.9MM
Deposits	Q2 2020vs Q2 2019	$785.6MM$626.7MM
Equity Capital	Q2 2020vs Q2 2019	$112.0MM$104.7MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$6.1MM$5.5MM
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$1.3MM$7.6MM
Real Estate Owned	Q2 2020vs Q2 2019	$3.5MM$0

Rates

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Savings
Money Market
Checking
CD

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

Martha's Vineyard Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$10	-	Online Savings Account
0.10%	$10	-	Passbook Savings Accounts

Martha's Vineyard Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$100k^*	-	Business Money Market Account
OTHER TIERS: 0.01% → $10 - $2.5k \| 0.10% → $2.5k - $25k \| 0.20% → $25k - $50k \| 0.25% → $50k - $100k
0.20%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.01% → $10 - $2.5k \| 0.05% → $2.5k - $25k \| 0.10% → $25k - $50k
0.20%^*	$100k^*	-	Business Clipper Ship Money Market
OTHER TIERS: 0.01% → $10 - $100k

Martha's Vineyard Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%^*	$100k^*	-	Clipper Ship Investment Checking Account
OTHER TIERS: 0.01% → $10 - $100k

Martha's Vineyard Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.55%	$1k	-	5 Year CD
0.45%	$1k	-	4 Year CD
0.35%	$1k	-	1 Year Clipper Ship CD
0.35%	$1k	-	3 Year CD
0.30%	$1k	-	1 Year CD
0.30%	$1k	-	2 Year CD
0.30%	$1k	-	7 Month CD Special
0.25%	$1k	-	6 Month Clipper Ship CD
0.25%	$1k	-	18 Month CD
0.20%	$1k	-	6 Month CD

Locations

Martha's Vineyard Savings Bank Locations
Martha's Vineyard Co-Operative Bank Of Tisbury Bra	11 State Road	Vineyard Haven, MA 02568
Oak Bluffs Branch	14 Oak Bluffs Avenue	Oak Bluffs, MA 02557
Falmouth Branch	2 Water Street	Falmouth, MA 02543
Oak Bluffs Branch	4 Uncas Avenue	Oak Bluffs, MA 02557
West Tisbury Branch	490 State Road	West Tisbury, MA 02575
Martha's Vineyard Savings Bank	78 Main Street	Edgartown, MA 02539
Chilmark Branch	517 South Road	Chilmark, MA 02535
Four Flags Condominium Branch	Unit #10, Vineyard Haven Road, Post Office Square	Edgartown, MA 02539
Palmer Avenue Falmouth Branch	397 Palmer Avenue	Falmouth, MA 02540

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