Methuen Co-operative Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.25%	1-year CD	12 Month CD 2.45% - Synchrony Bank 12 Month CD
0.10%	Savings	Statement Savings Account 1.80% - American Express National Bank High Yield Savings Account
2.25%	4-year CD	48 Month CD 2.50% - 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 119^th largest bank in the state of Massachusetts. It is also the 4,356^th largest bank in the nation. It was established in 1923 and as of June of 2018, it had grown to 16 employees at 1 location. Methuen Co-operative Bank's CD rates are 3X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q2 2018

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	0.29%
Return on Equity - YTD	2.79%
Annual Interest Income	$1.5MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$89.4MM$91.2MM
Loans	Q2 2018vs Q2 2017	$51.2MM$56.5MM
Deposits	Q2 2018vs Q2 2017	$79.8MM$81.8MM
Equity Capital	Q2 2018vs Q2 2017	$9.4MM$9.3MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$609.00K$616.00K
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$205.00K$1.1MM
Real Estate Owned	Q2 2018vs Q2 2017	$202.00K$0

Rates

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Money Market
Checking
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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%	$10	-	Passbook Savings Account
0.10%	$10	-	Christmas Club Account
0.10%	$10	-	Vacation Club Account
0.10%	$10	-	Statement Savings Account

Methuen Co-operative Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.65%^*	$500k^*	-	Money Market Investment Account
OTHER TIERS: 0.10% → $10 - $2.5k \| 0.15% → $2.5k - $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k \| 0.35% → $50k - $100k \| 0.50% → $100k - $500k

Methuen Co-operative Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$10	-	NOW Account

Methuen Co-operative Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.35%	$1k	-	18 Month CD
2.25%	$1k	-	12 Month CD
2.25%	$1k	-	48 Month CD
1.90%	$1k	-	36 Month CD
1.75%	$1k	-	24 Month CD
0.70%	$1k	-	9 Month CD
0.65%	$1k	-	6 Month CD

Locations

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

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