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 6th largest bank in the state of Vermont. It is also the 1,680th 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)

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.



Health
A+

Health Grade Components

Overall
FDIC Certificate #30350
Year Established1917
Employees56
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD2.64%
Annual Interest Income$7.7MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$473.4MM$413.5MM
LoansQ2 2020vs Q2 2019$368.0MM$332.4MM
DepositsQ2 2020vs Q2 2019$368.4MM$304.5MM
Equity CapitalQ2 2020vs Q2 2019$48.9MM$46.1MM
Loan Loss AllowanceQ2 2020vs Q2 2019$4.2MM$3.5MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.0MM$2.2MM
Real Estate OwnedQ2 2020vs Q2 2019$506.00K$7.00K
Rates

Sorry, we do not have rate data for The Bank of Bennington.

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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