Norwood Bank


Overview / Commentary
781-762-1800
11 Central Street
Norwood, MA 02062

From the Bank

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.

Related Posts

View all posts from:


Reviews

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



Health
A+

Health Grade Components

Overall
FDIC Certificate #26555
Year Established1889
Employees54
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.79%
Return on Equity - YTD5.74%
Annual Interest Income$5.7MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$551.0MM$498.1MM
LoansQ1 2019vs Q1 2018$462.3MM$407.2MM
DepositsQ1 2019vs Q1 2018$449.3MM$408.2MM
Equity CapitalQ1 2019vs Q1 2018$75.8MM$70.6MM
Loan Loss AllowanceQ1 2019vs Q1 2018$3.5MM$3.2MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$100.00K$132.00K
Real Estate OwnedQ1 2019vs Q1 2018$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Norwood 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.

Norwood Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Personal Statement Savings Account
0.15%--Savings Passbook Account
0.15%--Non-Personal Statement Savings Account

Norwood Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.85%*$100k*-High Yield Personal Account Money Market Account
OTHER TIERS: 0.25% Up to $10k | 1.50% $10k - $100k
1.85%*$100k*-Business High Yield Money Market Account
OTHER TIERS: 0.25% Up to $10k | 1.50% $10k - $100k
1.85%*$100k*-iYield Money Market - New Money
OTHER TIERS: 0.25% Up to $10k | 1.50% $10k - $100k

Norwood Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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 CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.28%$1k-36-47 Month Regular CD
2.28%$1k-48-59 Month Regular CD
2.28%$1k-60-72 Month Regular CD
2.28%$1k-36-47 Month Non-Personal Regular CD
2.28%$1k-48-59 Month Non-Personal Regular CD
2.28%$1k-60-72 Month Non-Personal Regular CD
2.25%$2.5k-11 Month CD Special
2.25%$2.5k-11 Month iCertificate
2.07%$1k-17 Month CD Special
2.07%$1k-17 Month iCertificate
2.02%$1k-24-35 Month Regular CD
2.02%$1k- 24-35 Month Non-Personal Regular CD
2.02%$1k-22 Month Step-Up CD
1.77%$1k-16 Month Regular CD
1.77%$1k-16 Month Non-Personal Regular CD
1.36%$1k-12-23 Month Regular CD
1.36%$1k-12-23 Month Non-Personal Regular CD
0.35%$2.5k-6 Month Regular CD
0.35%$2.5k- 6 Month Non-Personal Regular CD
0.20%$2.5k-3 Month Regular CD
0.20%$2.5k-3 Month Non-Personal Regular CD

Norwood Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.28%$1k-36-47 Month Regular IRA
2.28%$1k-48-59 Month Regular IRA
2.28%$1k-60-72 Month Regular IRA
2.02%$1k-24-35 Month Regular IRA
1.77%$1k-16 Month Regular IRA
1.36%$1k-12-23 Month Regular IRA
0.35%$2.5k-6 Month Regular IRA
0.20%$2.5k-3 Regular IRA
Locations


Norwood Bank Locations
Norwood Co-Operative Bank11 Central StreetNorwood, MA 02062

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.