Northern Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.57%	5-year CD	3.10% - Goldman Sachs Bank USA High-yield 5 Year CD
2.56%	4-year CD	2.85% - Barclays 48 Month Online CD
2.50%	3-year CD	2.85% - Synchrony Bank 36 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 22^nd largest bank in the state of Massachusetts. It is also the 398^th largest bank in the nation. It was established in 1960 and as of September of 2018, it had grown to 201 employees at 14 locations. Northern Bank's CD rates are 39% higher than the national average, and it has an A health rating.

Overall
FDIC Certificate #	18266
Year Established	1960
Employees	201
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.42%
Return on Equity - YTD	14.2%
Annual Interest Income	$79.0MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$2.14B$2.06B
Loans	Q3 2018vs Q3 2017	$1.86B$1.80B
Deposits	Q3 2018vs Q3 2017	$1.86B$1.67B
Equity Capital	Q3 2018vs Q3 2017	$215.5MM$200.2MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$24.0MM$22.9MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$22.5MM$24.6MM
Real Estate Owned	Q3 2018vs Q3 2017	$602.00K$603.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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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
0.50%	$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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
2.57%	$500	-	60 Month CD
2.56%	$500	-	48 Month CD
2.50%	$500	-	36 Month CD
2.25%	$500	-	15 Month CD
2.00%	$500	-	30 Month CD
1.75%	$500	-	24 Month CD
1.50%	$500	-	18 Month CD
1.25%	$500	-	12 Month CD
0.50%	$500	-	6 Month CD

Northern Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.57%	$500	-	60 Month IRA
2.56%	$500	-	48 Month IRA
2.50%	$500	-	36 Month IRA
2.25%	$500	-	15 Month IRA
2.00%	$500	-	30 Month IRA
1.75%	$500	-	24 Month IRA
1.50%	$500	-	18 Month IRA
1.25%	$500	-	12 Month IRA
0.50%	$500	-	6 Month IRA

Locations

Availability

Boston Area

Boston Area bank & credit union details

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