Martha's Vineyard Savings Bank is headquartered in Edgartown and is the 48th largest bank in the state of Massachusetts. It is also the 905th largest bank in the nation. It was established in 1955 and as of December of 2020, it had grown to 106 employees at 9 locations. Martha's Vineyard Savings Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 90190 |
Year Established | 1955 |
Employees | 106 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 0.81% |
Return on Equity - YTD | 6.88% |
Annual Interest Income | $35.3MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $1.04B$845.6MM |
Loans | Q4 2020vs Q4 2019 | $857.0MM$724.1MM |
Deposits | Q4 2020vs Q4 2019 | $859.3MM$667.3MM |
Equity Capital | Q4 2020vs Q4 2019 | $116.0MM$108.1MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $6.5MM$5.6MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.8MM$5.0MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $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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0.05% | $10 | - | Online Savings Account | |
0.05% | $10 | - | Passbook Savings Accounts |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.20%* | $100k* | - | Clipper Ship Investment Checking Account | ||
OTHER TIERS: 0.01% → $10 - $100k |
Martha's Vineyard Savings Bank Locations | ||
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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 |