Millbury National Bank


Overview / Commentary
508-865-9521
18 Main Street
Millbury, MA 01527

Millbury National Bank is headquartered in MILLBURY and is the 95th largest bank in the state of Massachusetts. It is also the 3,571st largest bank in the nation. It was established in 1933 and as of September of 2024, it had grown to 23 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. https://www.depositaccounts.com/community/misc/57124-cd-rate-leaderboard-mar-28-2024.html

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Reviews

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Health

Health Grade Components

Overall
FDIC Certificate #2616
Year Established1933
Employees23
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.33%
Return on Equity - YTD3.79%
Annual Interest Income$6.2MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$132.6MM$117MM
LoansQ3 2024vs Q3 2023$98.7MM$82.3MM
DepositsQ3 2024vs Q3 2023$105.9MM$99.2MM
Equity CapitalQ3 2024vs Q3 2023$11.3MM$10MM
Loan Loss AllowanceQ3 2024vs Q3 2023$583K$608K
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$0$309K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

Rates for Millbury National Bank are currently being reviewed.

Locations


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

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