Northern Bank

Overview / Commentary
275 Mishawum Road
Woburn, MA 01801

Northern Bank is headquartered in Woburn and is the 20th largest bank in the state of Massachusetts. It is also the 383rd largest bank in the nation. It was established in 1960 and as of September of 2020, it had grown to 223 employees at 14 locations. Northern Bank has an A+ health rating.


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


Health Grade Components

FDIC Certificate #18266
Year Established1960
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.86%
Return on Equity - YTD16.46%
Annual Interest Income$91.2MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$2.68B$2.15B
LoansQ3 2020vs Q3 2019$2.18B$1.89B
DepositsQ3 2020vs Q3 2019$2.15B$1.80B
Equity CapitalQ3 2020vs Q3 2019$297.7MM$255.3MM
Loan Loss AllowanceQ3 2020vs Q3 2019$32.0MM$25.3MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$4.3MM$11.1MM
Real Estate OwnedQ3 2020vs Q3 2019$0$192.00K
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

0.35%--Northern Premium Savings - New Money
0.10%*$5k*-Northern Business Investment Savings
OTHER TIERS: 0.05% Up to $5k
0.10%--Non-profit Statement Savings
0.10%--Health Savings
0.10%--Northern True Savings

Northern Bank Money Market Rates

0.10%*$2.5k*-Money Market Investment
OTHER TIERS: 0.05% Up to $2.5k
0.10%*$2.5k*-Northern Business Money Market
OTHER TIERS: 0.05% Up to $2.5k

Northern Bank Checking Account Rates

0.10%*$5k*-Northern Premium Checking
OTHER TIERS: 0.05% $2.5k - $5k
0.05%--Northern Plus Checking
0.05%--Non-profit Interest Checking

Northern Bank CD Rates

0.55%$500-48 Month CD
0.55%$500-60 Month CD
0.55%$500-Business 48 Month CD
0.55%$500-Business 60 Month CD
0.50%$500-36 Month CD
0.50%$500-Business 36 Month CD
0.45%$500-24 Month CD
0.45%$500-30 Month CD
0.45%$500-Business 24 Month CD
0.45%$500-Business 30 Month CD
0.40%$500-18 Month CD
0.40%$500-Business 18 Month CD
0.35%$500-15 Month CD
0.35%$500-Business 15 Month CD
0.30%$500-6 Month CD
0.30%$500-12 Month CD
0.30%$500-Business 6 Month CD
0.30%$500-Business 12 Month CD
0.30%$500-9 Month CD
0.30%$500-Business 9 Month CD

Northern Bank IRA Rates

0.55%$500-48 Month IRA
0.55%$500-60 Month IRA
0.50%$500-36 Month IRA
0.45%$500-24 Month IRA
0.45%$500-30 Month IRA
0.40%$500-18 Month IRA
0.35%$500-15 Month IRA
0.30%$500-6 Month IRA
0.30%$500-12 Month IRA
0.30%$500-9 Month IRA


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.