Martha's Vineyard Bank

Overview / Commentary

www.mvbank.com

508-627-4266

78 Main Street
Edgartown, MA 02539

Martha's Vineyard Bank is headquartered in Edgartown and is the 44^th largest bank in the state of Massachusetts. It is also the 811^th largest bank in the nation. It was established in 1955 and as of June of 2022, it had grown to 102 employees at 10 locations. Martha's Vineyard Bank's CD rates are 3X the national average, and it boasts an A+ health rating.

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Health

A+

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #	90190
Year Established	1955
Employees	102
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.1%
Return on Equity - YTD	11.15%
Annual Interest Income	$21.1MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$1.26B$1.14B
Loans	Q2 2022vs Q2 2021	$1.08B$943.9MM
Deposits	Q2 2022vs Q2 2021	$1.10B$949.6MM
Equity Capital	Q2 2022vs Q2 2021	$121.0MM$119.1MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$8.5MM$6.8MM
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$271.00K$679.00K
Real Estate Owned	Q2 2022vs Q2 2021	$0$0

Rates

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Savings
Money Market
Checking
CD

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Always verify rates and promotions with the bank or credit union. We are not Martha's Vineyard Bank; we are a rate comparison website and cannot provide official rates or promotions.

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

Martha's Vineyard Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$10	-	Online Savings Account
0.05%	$10	-	Passbook Savings Accounts

Martha's Vineyard Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%^*	$100k^*	-	Business Sweep Money Market Account
OTHER TIERS: 1.00% → $10 - $100k
1.51%^*	$100k^*	-	Business Clipper Ship Money Market
OTHER TIERS: 0.05% → $10 - $25k \| 0.75% → $25k - $100k
0.10%	$10	-	Money Market Account

Martha's Vineyard Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%^*	$100k^*	-	Clipper Ship Investment Checking Account
OTHER TIERS: 0.01% → $10 - $100k

Martha's Vineyard Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.07%	$1k	-	9 Month CD Special
2.63%	$1k	-	37 Month CD Special
2.58%	$1k	-	25 Month CD Special
2.43%	$1k	-	18 Month CD
2.32%	$1k	-	12 Month CD
2.17%	$1k	-	6 Month CD
2.17%	$1k	-	24 Month CD
2.07%	$1k	-	36 Month CD
1.97%	$1k	-	48 Month CD
1.87%	$1k	-	60 Month CD

Locations

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

Chilmark Branches
Chilmark Branch	517 South Road	Chilmark, MA 02535

Edgartown Branches
Martha's Vineyard Savings Bank	78 Main Street	Edgartown, MA 02539
Four Flags Condominium Branch	Unit #10, Vineyard Haven Road, Post Office Square	Edgartown, MA 02539

Falmouth Branches
Falmouth Branch	2 Water Street	Falmouth, MA 02543
Palmer Avenue Falmouth Branch	397 Palmer Avenue	Falmouth, MA 02540
Village Green Branch	84 Main Street	Falmouth, MA 02540

Oak Bluffs Branches
Oak Bluffs Branch	14 Oak Bluffs Avenue	Oak Bluffs, MA 02557
Oak Bluffs Branch	4 Uncas Avenue	Oak Bluffs, MA 02557

Vineyard Haven Branches
Martha's Vineyard Co-Operative Bank Of Tisbury Bra	11 State Road	Vineyard Haven, MA 02568

West Tisbury Branches
West Tisbury Branch	490 State Road	West Tisbury, MA 02575

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