Overview / Commentary
800-273-6908
275 Mishawum Road
Woburn, MA 01801

Northern Bank is headquartered in Woburn and is the 22nd largest bank in the state of Massachusetts. It is also the 400th largest bank in the nation. It was established in 1960 and as of December of 2018, it had grown to 200 employees at 14 locations. Northern Bank's CD rates are 94% higher than the national average, and it has a B+ health rating.

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+

Health Grade Components

Overall
FDIC Certificate #18266
Year Established1960
Employees200
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.47%
Return on Equity - YTD14.62%
Annual Interest Income$107.6MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$2.16B$2.07B
LoansQ4 2018vs Q4 2017$1.89B$1.81B
DepositsQ4 2018vs Q4 2017$1.79B$1.67B
Equity CapitalQ4 2018vs Q4 2017$226.3MM$202.5MM
Loan Loss AllowanceQ4 2018vs Q4 2017$24.2MM$23.2MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$41.5MM$24.8MM
Real Estate OwnedQ4 2018vs Q4 2017$603.00K$603.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Northern Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northern Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$25-Health Savings
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

Northern Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$250k*-Money Market Investment
OTHER TIERS: 0.15% Up to $2.5k | 0.20% $2.5k - $50k | 0.35% $50k - $250k
0.50%*$250k*-Northern Business Money Market
OTHER TIERS: 0.15% Up to $2.5k | 0.20% $2.5k - $50k | 0.35% $50k - $250k

Northern Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$10k*-Northern Premium Checking
OTHER TIERS: 0.05% $2.5k - $5k | 0.25% $5k - $10k
0.05%--Northern Plus Checking
0.05%--Non-profit Interest Checking

Northern Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-18 Month CD
2.55%$500-15 Month CD
2.50%$500-36 Month CD
2.50%$500-48 Month CD
2.50%$500-60 Month CD
2.40%$500-24 Month CD
2.40%$500-30 Month CD
1.75%$500-12 Month CD
0.50%$500-6 Month CD

Northern Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-18 Month IRA
2.55%$500-15 Month IRA
2.50%$500-36 Month IRA
2.50%$500-48 Month IRA
2.50%$500-60 Month IRA
2.40%$500-24 Month IRA
2.40%$500-30 Month IRA
1.75%$500-12 Month IRA
0.50%$500-6 Month IRA
Locations

Availability

Boston Area

Interactive local rates map


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.