Overview / Commentary
978-452-1300
30 International Place
Tewksbury, MA 01876

The Lowell Five Cent Savings Bank is headquartered in Lowell and is the 37th largest bank in the state of Massachusetts. It is also the 684th largest bank in the nation. It was established in 1854 and as of June of 2018, it had grown to 216 employees at 16 locations. The Lowell Five Cent Savings Bank's money market rates are 3X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #90227
Year Established1854
Employees216
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD6.56%
Annual Interest Income$22.2MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$1.13B$1.11B
LoansQ2 2018vs Q2 2017$906.4MM$830.7MM
DepositsQ2 2018vs Q2 2017$969.9MM$944.5MM
Equity CapitalQ2 2018vs Q2 2017$134.6MM$130.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$8.6MM$8.3MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.4MM$5.9MM
Real Estate OwnedQ2 2018vs Q2 2017$1.4MM$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not The Lowell Five Cent Savings 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.

The Lowell Five Cent Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$50k*-Business Companion Statement Savings
OTHER TIERS: 0.05% Up to $10k | 0.20% $10k - $25k | 0.30% $25k - $50k
0.25%$10-Before You Know It Club
0.05%$10-Passbook Savings
0.05%$10-Statement Savings
0.05%$10-Companion Savings
0.05%$10-IRA Statement Savings

The Lowell Five Cent Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%*$1m*-Premier Money Market
OTHER TIERS: 0.20% $2.5k - $25k | 0.50% $25k - $100k | 0.75% $100k - $500k | 1.00% $500k - $1m
0.20%$2.5k-Business Money Market

The Lowell Five Cent Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$10k-AllBusiness Plus Checking
0.05%$5k-Premier Checking Account
0.02%$5k-MyChoice Business Interest (DBA)

The Lowell Five Cent Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-35 Month CD Special
2.75%$500-Business 35 Month CD Special
2.50%$500-25 Month CD Special
2.50%$500-Business 25 Month CD Special
2.25%$500-15 Month CD Special (New Money Only)
2.25%$500-Business 15 Month CD Special (New Money Only)

The Lowell Five Cent Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-35 Month IRA Special
2.50%$500-25 Month IRA Special
2.25%$500-15 Month IRA Special (New Money Only)
Locations

Availability



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