Since its founding in 1889, Norwood Bank has been a pioneer in providing innovative banking services. We take pride in offering people and businesses the services they needed to fulfill their dreams of buying a home, creating financial stability and planning for the future. Over the years, Norwood Bank created new checking, savings, retirement, mortgage and investment products to help people and businesses meet their financial goals.
As banking technology grew more sophisticated, the Bank introduced the concept of Boundless Banking. Powered by a national network of fee-free ATMs and the latest in mobile and online banking, Boundless is an illustration of the Bank’s commitment to giving their customers the freedom to bank however, and wherever, they choose.
Big-bank products and services combined with community-bank personal service—that’s the Norwood Bank difference.
I got hired at Norwood Bank but at the time being I wasn't vaccinated when I had applied, when I applied online it did not say anything about being vaccinated on (indeed) the HR Manager calls me letting me know I had to be vaccinated otherwise, they weren't able to hire me with that being said I did my vaccination within a couple of days and advised the HR Manager and made a copy of my Vaccination Card and scanned it to her and she advised me I was all set!, the very next day the HR Manager calls me and advises me that they needed to dismiss my Employment Application because at the time being when I had applied I wasn't vaccinated and they would have to dismiss my application and to go ahead and re-apply again on (indeed) now that I had taken the vaccine I should be good by re-applying, so I went ahead and applied the same day online the HR Manager emails me the very next day letting me know they already filled the (3) positions they had available but they would keep my application on file. I was so upset and I said to myself this is how Norwood Bank treats people!!, well it's true what they say " Things happen for a reason! " I responded back to the HR Manager letting her know not to bother keeping my application on file I also, advised her that when I first applied online it did not say anything about me being vaccinated, when I applied the second time Norwood Bank added this question "Are you are vaccinated" with that being said I am not happy with Norwood Bank it wasn’t right how they treated me!!
I did my vaccination and they still dismissed my application. Norwood Bank is so unprofessional I cannot even image how they would treat their customers?? I am also, going to complain to the Better Business Bureau because this is not correct how they do things ...
Overall | |
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FDIC Certificate # | 26555 |
Year Established | 1889 |
Employees | 50 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.1% |
Return on Equity - YTD | 8.32% |
Annual Interest Income | $22.9MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $707.8MM$630.0MM |
Loans | Q4 2021vs Q4 2020 | $498.8MM$494.2MM |
Deposits | Q4 2021vs Q4 2020 | $589.6MM$513.4MM |
Equity Capital | Q4 2021vs Q4 2020 | $93.2MM$85.6MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $5.4MM$5.2MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.9MM$2.6MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.10% | - | - | Personal Statement Savings Account | |
0.10% | - | - | Non-Personal Statement Savings Account | |
0.10% | - | - | iBoundless Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.10%* | $100k* | - | Advantage Checking | ||
OTHER TIERS: 0.05% → Up to $100k | |||||
0.10%* | $100k* | - | Non-Personal Advantage Checking | ||
OTHER TIERS: 0.05% → Up to $100k |
Norwood Bank Locations | ||
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Norwood Co-Operative Bank | 11 Central St | Norwood, MA 02062 |