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The Bank of Bennington


Overview / Commentary
thebankofbennington.com
802-442-8121
155 North Street
Bennington, VT 05201

The Bank of Bennington is headquartered in Bennington and is the 6th largest bank in the state of Vermont. It is also the 1,699th largest bank in the nation. It was established in 1917 and as of December of 2019, it had grown to 57 employees at 5 locations. The Bank of Bennington's money market rates are 14% higher than the national average, and it boasts an A+ health rating.

Reviews (1)

It Works, But Be Careful Going Abroad.

Posted by: |

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.

2


Health
A+

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #30350
Year Established1917
Employees57
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD6.86%
Annual Interest Income$16.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$420.6MM$414.2MM
LoansQ4 2019vs Q4 2018$337.2MM$333.5MM
DepositsQ4 2019vs Q4 2018$315.5MM$285.3MM
Equity CapitalQ4 2019vs Q4 2018$47.8MM$44.9MM
Loan Loss AllowanceQ4 2019vs Q4 2018$3.7MM$3.7MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.3MM$2.9MM
Real Estate OwnedQ4 2019vs Q4 2018$436.00K$56.00K
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*-$25kKids' Savers
OTHER TIERS: 0.25% → $25k+
0.25%--Savings Account
0.25%--Health Savings Account (HSA)

The Bank of Bennington Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Premier Money Market
OTHER TIERS: 0.25% → Up to $50k

The Bank of Bennington Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--N.O.W. Checking
0.05%--50+ Free Checking

The Bank of Bennington CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$500-5 Year CD
0.90%$500-4 Year CD
0.85%$500-3 Year CD
0.75%$500-2 Year CD
0.50%$100-3 Month CD
0.50%$100-15 Month Super Saver CD w/ Add-On
0.50%$500-6 Month CD
0.50%$500-1 Year CD

The Bank of Bennington IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$100-5 Year Fixed IRA
0.90%$100-4 Year Fixed IRA
0.85%$100-3 Year Fixed IRA
0.75%$100-2 Year Fixed IRA
0.50%$100-3 Month Fixed IRA
0.50%$100-6 Month Fixed IRA
Locations


The Bank of Bennington Locations
The Bank Of Bennington155 North StreetBennington, VT 05201
Arlington Branch3198 Route 7aArlington, VT 05250
Phyllis Lane Branch32 Phyllis LaneBennington, VT 05201
Manchester Center Branch78 Center Hill RoadManchester Center, VT 05255
Rutland Branch143 Woodstock AvenueRutland, VT 05701

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