Martha's Vineyard Bank

Overview / Commentary
78 Main Street
Edgartown, MA 02539

Martha's Vineyard Bank is headquartered in EDGARTOWN and is the 45th largest bank in the state of Massachusetts. It is also the 808th largest bank in the nation. It was established in 1955 and as of December of 2023, it had grown to 109 employees at 10 locations. Martha's Vineyard Bank has an A health rating.

Reviews (1)

Disappointed With Martha Vineyard CD That Matured

I am totally disappointed with Martha Vineyard Bank (Solutions Desk) and the handling of my CD that matured and the online transfer of my money. I gave clear written instructions of were to send my funds, and my money was sent to the wrong bank and wrong account. Martha Vineyard person did not offer any help on fixing their error and left it up to me to correct. The MV person was also very cavalier about the entire event. I can't let this be swept under the rug and someone should know about this.


Health Grade Components

FDIC Certificate #90190
Year Established1955
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD6.98%
Annual Interest Income$52MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$1.33B$1.31B
LoansQ4 2023vs Q4 2022$1.16B$1.15B
DepositsQ4 2023vs Q4 2022$1.06B$1.13B
Equity CapitalQ4 2023vs Q4 2022$129.3MM$121.5MM
Loan Loss AllowanceQ4 2023vs Q4 2022$9.1MM$8.9MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$170K$445K
Real Estate OwnedQ4 2023vs Q4 2022$0$0

Rates for Martha's Vineyard Bank are currently being reviewed.


Cities: Chilmark, Edgartown, Falmouth, Oak Bluffs, Vineyard Haven, West Tisbury

Chilmark Branches
Chilmark Branch517 South RoadChilmark, MA 02535

Edgartown Branches
Martha's Vineyard Savings Bank78 Main StreetEdgartown, MA 02539
Four Flags Condominium BranchUnit #10, Vineyard Haven Road, Post Office SquareEdgartown, MA 02539

Falmouth Branches
Falmouth Branch2 Water StreetFalmouth, MA 02543
Palmer Avenue Falmouth Branch397 Palmer AvenueFalmouth, MA 02540
Village Green Branch84 Main StreetFalmouth, MA 02540

Oak Bluffs Branches
Oak Bluffs Branch14 Oak Bluffs AvenueOak Bluffs, MA 02557
Oak Bluffs Branch4 Uncas AvenueOak Bluffs, MA 02557

Vineyard Haven Branches
Martha's Vineyard Co-Operative Bank Of Tisbury Bra11 State RoadVineyard Haven, MA 02568

West Tisbury Branches
West Tisbury Branch490 State RoadWest Tisbury, MA 02575

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