Methuen Co-operative Bank

Overview / Commentary

www.methuencoop.com

978-682-5271

243 Broadway
Methuen, MA 01844

Methuen Co-operative Bank is headquartered in Methuen and is the 111^th largest bank in the state of Massachusetts. It is also the 4,169^th largest bank in the nation. It was established in 1923 and as of December of 2019, it had grown to 16 employees at 1 location. Methuen Co-operative Bank's money market rates are 48% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q4 2019

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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	0.42%
Return on Equity - YTD	3.99%
Annual Interest Income	$3.2MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$89.4MM$93.2MM
Loans	Q4 2019vs Q4 2018	$49.9MM$52.7MM
Deposits	Q4 2019vs Q4 2018	$79.3MM$83.6MM
Equity Capital	Q4 2019vs Q4 2018	$10.0MM$9.6MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$608.00K$609.00K
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$428.00K$425.00K
Real Estate Owned	Q4 2019vs Q4 2018	$0$0

Rates

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Savings
Money Market
Checking
CD

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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
1.25%	$1k	-	48 Month CD
1.15%	$1k	-	36 Month CD
1.10%	$1k	-	24 Month CD
1.00%	$1k	-	12 Month CD
1.00%	$1k	-	18 Month CD
0.50%	$1k	-	9 Month CD
0.40%	$1k	-	6 Month CD

Locations

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

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