Norwood Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.77%	18-month CD	16 Month Regular CD Special 2.22% - PenFed Credit Union 18 Month Money Market Certificate
1.77%	5-year CD	60-72 Month Regular CD 2.80% - Barclays 60 Month Online CD
1.77%	5-year IRA	60-72 Month Regular IRA (Traditional, Roth) 1.82% - National Average

View all Norwood Bank rates »

Overview / Commentary

www.norwoodbank.com

781-762-1800

11 Central Street
Norwood, MA 02062

Norwood Bank is headquartered in Norwood and is the 75^th largest bank in the state of Massachusetts. It is also the 1,461^st largest bank in the nation. It was established in 1889 and as of December of 2017, it had grown to 50 employees at 1 location. Norwood Bank's money market rates are 4X the national average, and it boasts an A+ health rating.

Overall
FDIC Certificate #	26555
Year Established	1889
Employees	50
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.75%
Return on Equity - YTD	5.22%
Annual Interest Income	$17.7MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$485.4MM$462.1MM
Loans	Q4 2017vs Q4 2016	$395.3MM$352.1MM
Deposits	Q4 2017vs Q4 2016	$395.6MM$381.4MM
Equity Capital	Q4 2017vs Q4 2016	$70.4MM$66.5MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$3.1MM$2.8MM
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$40.00K$229.00K
Real Estate Owned	Q4 2017vs Q4 2016	$0$0

Rates

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Savings
Money Market
Checking
CD
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Norwood Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	-	-	Statement Savings Account
0.15%	-	-	Passbook Savings Account
0.15%	-	-	Non-Personal Passbook Savings Account
0.15%	-	-	Non-Personal Statement Savings Account

Norwood Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.85%^*	$100k^*	-	High Yield Advantage Money Market Account
OTHER TIERS: 0.25% → Up to $10k \| 1.50% → $10k - $100k
1.85%^*	$100k^*	-	High Yield Advantage Money Market Business Account
OTHER TIERS: 0.25% → Up to $10k \| 1.50% → $10k - $100k
0.35%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.15% → Up to $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k \| 0.30% → $50k - $100k
0.35%^*	$100k^*	-	Non-Personal Money Market Account
OTHER TIERS: 0.15% → Up to $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k \| 0.30% → $50k - $100k

Norwood Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
2.17%	$1k	-	59 Month Advantage CD Special
2.17%	$1k	-	59 Month Regular CD Special
2.17%	$1k	-	Non-Personal 59 Month Advantage CD Special
2.17%	$1k	-	Non-Personal 59 Month Regular CD Special
2.02%	$1k	-	24-35 Month Advantage CD
2.02%	$1k	-	24-35 Month Regular CD
2.02%	$1k	-	Non-Personal 24-35 Month Advantage CD
2.02%	$1k	-	Non-Personal 24-35 Month Regular CD
1.77%	$1k	-	60-72 Month Advantage CD
1.77%	$1k	-	48-59 Month Advantage CD
1.77%	$1k	-	48-59 Month Regular CD
1.77%	$1k	-	60-72 Month Regular CD
1.77%	$1k	-	Non-Personal 48-59 Month Advantage CD
1.77%	$1k	-	Non-Personal 48-59 Month Regular CD
1.77%	$1k	-	Non-Personal 60-72 Month Advantage CD
1.77%	$1k	-	Non-Personal 60-72 Month Regular CD
1.77%	$1k	-	16 Month Advantage CD Special
1.77%	$1k	-	Non-Personal 16 Month Advantage CD Special
1.77%	$1k	-	16 Month Regular CD Special
1.77%	$1k	-	Non-Personal 16 Month Regular CD Special
1.56%	$1k	-	36-47 Month Advantage CD
1.56%	$1k	-	36-47 Month Regular CD
1.56%	$1k	-	Non-Personal 36-47 Month Advantage CD
1.56%	$1k	-	Non-Personal 36-47 Month Regular CD
1.36%	$1k	-	12-23 Month Advantage CD
1.36%	$1k	-	12-23 Month Regular CD
1.36%	$1k	-	Non-Personal 12-23 Month Advantage CD
1.36%	$1k	-	Non-Personal 12-23 Month Regular CD
0.35%	$2,500	-	6-11 Month Advantage CD
0.35%	$2,500	-	6-11 Month Regular CD
0.35%	$2,500	-	Non-Personal 6-11 Month Advantage CD
0.35%	$2,500	-	Non-Personal 6-11 Month Regular CD
0.20%	$2,500	-	3-5 Month Advantage CD
0.20%	$2,500	-	3-5 Month Regular CD
0.20%	$2,500	-	Non-Personal 3-5 Month Advantage CD
0.20%	$2,500	-	Non-Personal 3-5 Month Regular CD

Norwood Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.17%	$1k	-	59 Month Advantage IRA Special
2.17%	$1k	-	59 Month Regular IRA Special
2.02%	$1k	-	24-35 Month Advantage IRA
2.02%	$1k	-	24-35 Month Regular IRA
1.77%	$1k	-	48-59 Month Advantage IRA
1.77%	$1k	-	48-59 Month Regular IRA
1.77%	$1k	-	60-72 Month Advantage IRA
1.77%	$1k	-	60-72 Month Regular IRA
1.77%	$1k	-	16 Month Advantage IRA Special
1.77%	$1k	-	16 Month Regular IRA Special
1.56%	$1k	-	36-47 Month Advantage IRA
1.56%	$1k	-	36-47 Month Regular IRA
1.36%	$1k	-	12-23 Month Advantage IRA
1.36%	$1k	-	12-23 Month Regular IRA
0.35%	$2,500	-	6-11 Month Advantage IRA
0.35%	$2,500	-	6-11 Month Regular IRA
0.20%	$2,500	-	3-5 Month Advantage IRA
0.20%	$2,500	-	3-5 Month Regular IRA

Locations

Norwood Bank Locations
Norwood Co-Operative Bank	11 Central Street	Norwood, MA 02062

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