Primary Bank

Overview / Commentary
207 Route 101
Bedford, NH 03110

Primary Bank is headquartered in Bedford and is the 10th largest bank in the state of New Hampshire. It is also the 1,585th largest bank in the nation. It was established in 2015 and as of June of 2020, it had grown to 40 employees at 3 locations. Primary Bank's money market rates are 93% higher than the national average, and it boasts an A+ health rating.

Reviews (1)

Primary Bank - Opening A CD Account

Posted by: |

Just finished opening a new, 3 yr. CD with them. The application process was smooth and very thorough. Good communication from them along the way, except no final communication that the account was open and how to enroll online. Account status did say approved, but I didn't know what to do next.

The account website interface is a standard format, now becoming the standard of most banks offering online CD's.

It seemed like the final online enrollment after the CD was approved was very redundant to what I went through to apply. It was like I was starting over on all of the security stuff. I would hope that could be streamlined.

Overall, pretty good. Probably one of the better processes I've been though in many years!


Health Grade Components

FDIC Certificate #59086
Year Established2015
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.41%
Return on Equity - YTD3.77%
Annual Interest Income$7.3MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$508.6MM$255.6MM
LoansQ2 2020vs Q2 2019$419.0MM$201.6MM
DepositsQ2 2020vs Q2 2019$416.7MM$226.8MM
Equity CapitalQ2 2020vs Q2 2019$49.4MM$28.1MM
Loan Loss AllowanceQ2 2020vs Q2 2019$3.6MM$2.5MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$0$1.6MM
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Report an Issue

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

Primary Bank Savings Account Rates

0.35%*$25k*-Health Savings Account
OTHER TIERS: 0.10% Up to $2.5k | 0.20% $2.5k - $10k | 0.30% $10k - $25k
0.10%--Primary Business Statement Savings
0.10%--Primary Statement Savings

Primary Bank Money Market Rates

0.85%--Choice Money Market
0.85%--Choice Business Money Market
0.35%*$100k*-Primary Business Money Market
OTHER TIERS: 0.10% $2.5k - $10k | 0.20% $10k - $25k | 0.30% $25k - $100k
0.35%*$100k*-Primary Money Market
OTHER TIERS: 0.10% $1k - $10k | 0.20% $10k - $25k | 0.30% $25k - $100k

Primary Bank Checking Account Rates

0.10%$1k-Primary Interest Checking
0.05%$1k-Primary Plus Checking
0.05%--IOLTA Account

Primary Bank CD Rates

1.30%--Business 5 Year CD
1.30%--5 Year CD
1.20%--4 Year CD
1.20%--Business 4 Year CD
1.10%--Business 3 Year CD
1.10%--3 Year CD
1.00%--Business 18 Month CD
1.00%--18 Month CD
1.00%--2 Year CD
1.00%--Business 2 Year CD
0.95%--Business 12 Month CD
0.95%--12 Month CD
0.95%$10k-15 Month CD
0.95%$10k-Business 15 Month CD
0.45%--Business 6 Month CD
0.45%--6 Month CD

Primary Bank IRA Rates

1.30%--5 Year IRA
1.20%--4 Year IRA
1.10%--3 Year IRA
1.00%--18 Month IRA
1.00%--2 Year IRA
0.95%--12 Month IRA
0.95%$10k-15 Month IRA
0.45%--6 Month IRA

Primary Bank Locations
Primary Bank207 Route 101Bedford, NH 03110
Primary Bank - Mancester North1662 Elm StreetManchester, NH 03101
Derry Branch Office23 Crystal AvenueDerry, NH 03038

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.