Northern Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.00%	5-year CD	60 Month CD 2.35% - Synchrony Bank 60 Month CD
1.60%	3-year CD	36 Month CD 1.85% - Synchrony Bank 36 Month CD
1.40%	18-month CD	18 Month CD 1.45% - Synchrony Bank 18 Month CD

View all Northern Bank rates »

Overview / Commentary

www.nbtc.com

800-273-6908

275 Mishawum Road
Woburn, MA 01801

Northern Bank is headquartered in Woburn and is the 24^th largest bank in the state of Massachusetts. It is also the 441^st largest bank in the nation. It was established in 1960 and as of March of 2017, it had grown to 171 employees at 14 locations. Northern Bank's money market rates are 14% higher than the national average, and it has an A health rating.

Overall
FDIC Certificate #	18266
Year Established	1960
Employees	171
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.43%
Return on Equity - YTD	13.86%
Annual Interest Income	$20.8MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$1.85B$1.46B
Loans	Q1 2017vs Q1 2016	$1.60B$1.26B
Deposits	Q1 2017vs Q1 2016	$1.49B$1.24B
Equity Capital	Q1 2017vs Q1 2016	$185.7MM$150.4MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$21.4MM$18.3MM
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$18.9MM$3.9MM
Real Estate Owned	Q1 2017vs Q1 2016	$603.00K$0

Rates

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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.

Northern Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.35%^*	$100k^*	-	Northern Light Savings
OTHER TIERS: 0.15% → Up to $5k \| 0.20% → $5k - $25k \| 0.25% → $25k - $50k \| 0.30% → $50k - $100k
0.35%^*	$100k^*	-	Northern Business Investment Savings
OTHER TIERS: 0.15% → Up to $5k \| 0.20% → $5k - $25k \| 0.25% → $25k - $50k \| 0.30% → $50k - $100k
0.15%	-	-	Statement Savings
0.15%	-	-	Passbook Savings
0.15%	-	-	Non-profit Statement Savings
0.05%	$25	-	Health Savings

Northern Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$250k^*	-	Money Market Investment
OTHER TIERS: 0.15% → Up to $2,500 \| 0.20% → $2,500 - $50k \| 0.35% → $50k - $250k
0.50%^*	$250k^*	-	Northern Business Money Market
OTHER TIERS: 0.15% → Up to $2,500 \| 0.20% → $2,500 - $50k \| 0.35% → $50k - $250k

Northern Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$10k^*	-	Northern Premium Checking
OTHER TIERS: 0.05% → $2,500 - $5k \| 0.25% → $5k - $10k
0.05%	-	-	Northern Plus Checking
0.05%	-	-	Non-profit Interest Checking

Northern Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$500	-	60 Month CD
1.80%	$500	-	24 Month CD
1.80%	$500	-	48 Month CD
1.60%	$500	-	36 Month CD
1.40%	$500	-	18 Month CD
1.30%	$500	-	30 Month CD
1.00%	$500	-	12 Month CD
0.30%	$500	-	6 Month CD

Northern Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$500	-	60 Month IRA
1.80%	$500	-	24 Month IRA
1.80%	$500	-	48 Month IRA
1.60%	$500	-	36 Month IRA
1.40%	$500	-	18 Month IRA
1.30%	$500	-	30 Month IRA
1.00%	$500	-	12 Month IRA
0.30%	$500	-	6 Month IRA

Locations

Northern Bank has 12 locations. Click to view all Northern Bank locations.