The Bank of Bennington is headquartered in Bennington and is the 6th largest bank in the state of Vermont. It is also the 1,703rd largest bank in the nation. It was established in 1917 and as of December of 2018, it had grown to 60 employees at 5 locations. The Bank of Bennington's money market rates are 4X the national average, and it has an A health rating.
It Works, But Be Careful Going Abroad.
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30350 |
| Year Established | 1917 |
| Employees | 60 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 7.94% |
| Annual Interest Income | $15.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $414.2MM$415.7MM |
| Loans | Q4 2018vs Q4 2017 | $333.5MM$340.0MM |
| Deposits | Q4 2018vs Q4 2017 | $285.3MM$281.1MM |
| Equity Capital | Q4 2018vs Q4 2017 | $44.9MM$41.8MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $3.7MM$3.8MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $2.9MM$2.2MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $56.00K$244.00K |
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 | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | - | $25k | Kids' Savers | ||
| OTHER TIERS: 0.25% → $25k+ | |||||
| 0.50% | - | - | Health Savings Account (HSA) | ||
| 0.25% | - | - | Savings Account | ||
The Bank of Bennington Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.75%* | $1m* | - | Premier Money Market | ||
| OTHER TIERS: 0.25% → Up to $5k | 0.50% → $5k - $25k | 1.00% → $25k - $50k | 1.25% → $50k - $100k | 1.50% → $100k - $1m | |||||
The Bank of Bennington Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | N.O.W. Checking | |
| 0.05% | - | - | 50+ Free Checking |
The Bank of Bennington CD Rates
The Bank of Bennington IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.50% | $100 | - | 5 Year Fixed IRA | |
| 2.35% | $100 | - | 3 Year Fixed IRA | |
| 2.35% | $100 | - | 4 Year Fixed IRA | |
| 2.25% | $100 | - | 2 Year Fixed IRA | |
| 1.75% | $100 | - | 6 Month Fixed IRA | |
| 1.00% | $100 | - | 3 Month Fixed IRA |
| 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 |