The Bank of Bennington

Overview / Commentary

802-442-8121

155 North Street
Bennington, VT 05201

The Bank of Bennington is headquartered in Bennington and is the 6^th largest bank in the state of Vermont. It is also the 1,680^th largest bank in the nation. It was established in 1917 and as of June of 2020, it had grown to 56 employees at 5 locations. The Bank of Bennington has an A+ health rating.

Reviews (1)

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It Works, But Be Careful Going Abroad.

Posted by: Anonymous | Aug 7, 2011

I've had a checking account with a debit card from the Bank of Bennington for a very long time.
I notified them that I was going to Europe, mostly Germany and the Netherlands, in December of 2009. Bless my soul if I wasn't left stranded in Berlin with every ATM in the city denying my debit card!! I called my parents, freaking out about it, and they called the bank. What did they say? "Try more ATMs."

I tried every ATM walking three miles down Ku-damm, a pretty main street in Berlin. Every one denied me. Luckily, I met some really nice people at my youth hostel, and we went out to eat, my card worked as a credit card (approved, not denied, finally) and they paid me back in cash. I did this twice in Berlin.
I went back to Europe on a music tour in July 2010, and was only in Germany for about five days, but the same thing happened. I was prepared for it that time, and had gotten cash from an ATM in Belgium. It seems to be only German ATMs that have a problem with my card, but I didn't appreciate the lack of support from my bank the first time, when I was 17 years old and stranded in a foreign city.

Otherwise, I've had no issues using my account and am very satisfied with service from the Bank of Bennington.

Comment

Health

A+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	30350
Year Established	1917
Employees	56
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.29%
Return on Equity - YTD	2.64%
Annual Interest Income	$7.7MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$473.4MM$413.5MM
Loans	Q2 2020vs Q2 2019	$368.0MM$332.4MM
Deposits	Q2 2020vs Q2 2019	$368.4MM$304.5MM
Equity Capital	Q2 2020vs Q2 2019	$48.9MM$46.1MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$4.2MM$3.5MM
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$1.0MM$2.2MM
Real Estate Owned	Q2 2020vs Q2 2019	$506.00K$7.00K

Rates

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Money Market
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Always verify rates and promotions with the bank or credit union. We are not The Bank of Bennington; 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.

The Bank of Bennington Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	-	$25k	Kids' Savers
OTHER TIERS: 0.20% → $25k+
0.20%	-	-	Savings Account
0.20%	-	-	Health Savings Account (HSA)

The Bank of Bennington Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.35%^*	$50k^*	-	Premier Money Market
OTHER TIERS: 0.25% → Up to $50k

The Bank of Bennington Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	-	-	N.O.W. Checking

The Bank of Bennington CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%	$500	-	5 Year CD
0.70%	$500	-	4 Year CD
0.65%	$500	-	3 Year CD
0.60%	$500	-	2 Year CD
0.50%	$100	-	15 Month Super Saver CD w/ Add-On
0.50%	$500	-	1 Year CD
0.40%	$500	-	6 Month CD
0.25%	$100	-	3 Month CD

The Bank of Bennington IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%	$100	-	5 Year Fixed IRA
0.70%	$100	-	4 Year Fixed IRA
0.65%	$100	-	3 Year Fixed IRA
0.60%	$100	-	2 Year Fixed IRA
0.40%	$100	-	6 Month Fixed IRA
0.25%	$100	-	3 Month Fixed IRA

Locations

The Bank of Bennington Locations
The Bank Of Bennington	155 North Street	Bennington, VT 05201
Arlington Branch	3198 Route 7a	Arlington, VT 05250
Phyllis Lane Branch	32 Phyllis Lane	Bennington, VT 05201
Manchester Center Branch	78 Center Hill Road	Manchester Center, VT 05255
Rutland Branch	143 Woodstock Avenue	Rutland, VT 05701

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