Methuen Co-operative Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.75%	1-year CD	12 Month CD 1.50% - Ally Bank No Penalty 11-Month CD
0.10%	Savings	Statement Savings Account 1.30% - Synchrony Bank High Yield Savings
1.85%	4-year CD	48 Month CD 1.50% - Ally Bank Raise Your Rate 4-Year CD

View all Methuen Co-operative Bank rates »

Overview / Commentary

www.methuencoop.com

978-682-5271

243 Broadway
Methuen, MA 01844

Methuen Co-operative Bank is headquartered in Methuen and is the 123^rd largest bank in the state of Massachusetts. It is also the 4,475^th largest bank in the nation. It was established in 1923 and as of June of 2017, it had grown to 16 employees at 1 location. Methuen Co-operative Bank has a B+ health rating.

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Health

B+

Data as of Q2 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Methuen Co-operative Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	26512
Year Established	1923
Employees	16
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.28%
Return on Equity - YTD	2.76%
Annual Interest Income	$1.4MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$91.2MM$87.1MM
Loans	Q2 2017vs Q2 2016	$56.5MM$52.5MM
Deposits	Q2 2017vs Q2 2016	$81.8MM$77.9MM
Equity Capital	Q2 2017vs Q2 2016	$9.3MM$9.1MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$616.00K$616.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$1.1MM$1.4MM
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

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

Methuen Co-operative Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	-	-	Passbook Savings Account
0.10%	-	-	Christmas Club Account
0.10%	-	-	Vacation Club Account
0.10%	-	-	Statement Savings Account

Methuen Co-operative Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%^*	$500k^*	-	Money Market Investment Account
OTHER TIERS: 0.05% → $10 - $2,500 \| 0.10% → $2,500 - $25k \| 0.15% → $25k - $50k \| 0.20% → $50k - $100k \| 0.35% → $100k - $500k

Methuen Co-operative Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	-	-	NOW Account

Methuen Co-operative Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.85%	$1k	-	48 Month CD
1.41%	$1k	-	36 Month CD
1.00%	$1k	-	24 Month CD
0.80%	$1k	-	18 Month CD
0.75%	$1k	-	12 Month CD
0.70%	$1k	-	9 Month CD
0.30%	$1k	-	6 Month CD

Locations

Methuen Co-operative Bank Locations
Methuen Co-Operative Bank	243 Broadway	Methuen, MA 01844