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 52^nd largest bank in the state of Massachusetts. It is also the 934^th largest bank in the nation. It was established in 1955 and as of June of 2019, it had grown to 115 employees at 9 locations. Martha's Vineyard Savings Bank has an A health rating.

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Health

Data as of Q2 2019

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Health Grade Components

Overall
FDIC Certificate #	90190
Year Established	1955
Employees	115
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.99%
Return on Equity - YTD	8.21%
Annual Interest Income	$17.3MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$847.7MM$818.1MM
Loans	Q2 2019vs Q2 2018	$705.9MM$694.4MM
Deposits	Q2 2019vs Q2 2018	$626.7MM$588.6MM
Equity Capital	Q2 2019vs Q2 2018	$104.7MM$95.0MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$5.5MM$5.1MM
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$7.6MM$4.1MM
Real Estate Owned	Q2 2019vs Q2 2018	$0$0

Rates

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Money Market
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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
0.10%	$10	-	Online Savings Account
0.10%	$10	-	Statement Savings Accounts
0.10%	$1	-	School Savings Account
0.10%	$10	-	Savings Club Account
0.10%	$100	-	IRA Statement Savings
0.10%	$10	-	Passbook Savings Accounts

Martha's Vineyard Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.01% → $10 - $2.5k \| 0.10% → $2.5k - $25k \| 0.20% → $25k - $50k \| 0.30% → $50k - $100k
0.40%^*	$100k^*	-	Money Market IRA
OTHER TIERS: 0.01% → $10 - $2.5k \| 0.05% → $2.5k - $25k \| 0.10% → $25k - $50k \| 0.25% → $50k - $100k

Martha's Vineyard Savings Bank Checking Account Rates

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

Martha's Vineyard Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.31%	$1k	-	5 Year CD
1.26%	$1k	-	4 Year CD
1.00%	$1k	-	2 Year CD
1.00%	$1k	-	3 Year CD
0.65%	$1k	-	18 Month CD
0.65%	$1k	-	18 Month Clipper Ship CD
0.55%	$1k	-	1 Year Clipper Ship CD
0.50%	$1k	-	1 Year CD
0.30%	$1k	-	6 Month Clipper Ship CD
0.25%	$1k	-	6 Month CD
0.10%	$1k	-	3 Month CD

Martha's Vineyard Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.41%	$100	-	5 Years IRA
1.36%	$100	-	4 Years IRA
1.11%	$100	-	2 Years IRA
1.11%	$100	-	3 Years IRA
0.75%	$100	-	18 Months IRA
0.60%	$100	-	1 Year IRA
0.35%	$100	-	6 Months IRA
0.10%	$100	-	3 Months IRA

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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