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 48^th largest bank in the state of Massachusetts. It is also the 891^st largest bank in the nation. It was established in 1955 and as of March of 2021, it had grown to 101 employees at 9 locations. Martha's Vineyard Bank has an A+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q1 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	90190
Year Established	1955
Employees	101
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.02%
Return on Equity - YTD	9.43%
Annual Interest Income	$9.3MM

Assets and Liabilities
Assets	Q1 2021vs Q1 2020	$1.11B$864.9MM
Loans	Q1 2021vs Q1 2020	$920.5MM$723.7MM
Deposits	Q1 2021vs Q1 2020	$906.1MM$694.9MM
Equity Capital	Q1 2021vs Q1 2020	$115.3MM$110.2MM
Loan Loss Allowance	Q1 2021vs Q1 2020	$6.6MM$5.3MM
Unbacked Noncurrent Loans	Q1 2021vs Q1 2020	$883.00K$1.3MM
Real Estate Owned	Q1 2021vs Q1 2020	$0$3.5MM

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

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
0.15%^*	$100k^*	-	Business Money Market Account
OTHER TIERS: 0.01% → $10 - $2.5k \| 0.05% → $2.5k - $25k \| 0.10% → $25k - $100k
0.12%^*	$100k^*	-	Business Clipper Ship Money Market
OTHER TIERS: 0.01% → $10 - $100k
0.08%^*	$25k^*	-	Money Market Account
OTHER TIERS: 0.01% → $10 - $2.5k \| 0.05% → $2.5k - $25k

Martha's Vineyard Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%^*	$100k^*	-	Clipper Ship Investment Checking Account
OTHER TIERS: 0.01% → $10 - $100k

Martha's Vineyard Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$1k	-	60 Month CD
0.20%	$1k	-	36 Month CD
0.20%	$1k	-	48 Month CD
0.15%	$1k	-	6 Month CD
0.10%	$1k	-	12 Month CD
0.10%	$1k	-	18 Month CD
0.10%	$1k	-	24 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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.