Millbury National Bank

Overview / Commentary
18 Main Street
Millbury, MA 01527

Millbury National Bank is headquartered in MILLBURY and is the 97th largest bank in the state of Massachusetts. It is also the 3,635th largest bank in the nation. It was established in 1933 and as of March of 2024, it had grown to 21 employees at 1 location. Millbury National Bank has an A health rating.

Related Posts

91-Day CD, 5.89% APY, But There's Another Reason For This Forum Post - 3/30/2024

While Millbury National Bank does have a top-rate 3-month CD, I wanted to let DA readers know about the mini CD Summary Ken posted earlier this week in the Miscellaneous section of the Forum.


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Health Grade Components

FDIC Certificate #2616
Year Established1933
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.1%
Return on Equity - YTD1.17%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$126.4MM$114MM
LoansQ1 2024vs Q1 2023$91.6MM$79.7MM
DepositsQ1 2024vs Q1 2023$102.8MM$96.9MM
Equity CapitalQ1 2024vs Q1 2023$10.6MM$10.1MM
Loan Loss AllowanceQ1 2024vs Q1 2023$609K$603K
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$542K$681K
Real Estate OwnedQ1 2024vs Q1 2023$0$0

Rates for Millbury National Bank are currently being reviewed.


Millbury National Bank Locations
Millbury National Bank18 Main StMillbury, MA 01527

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