New Valley Bank & Trust (MA)


Overview / Commentary
413-739-2265
One Monarch Place, Suite 100 Unit 1
Springfield, MA 01144

New Valley Bank & Trust (MA) is headquartered in SPRINGFIELD and is the 86th largest bank in the state of Massachusetts. It is also the 2,352nd largest bank in the nation. It was established in 2019 and as of September of 2023, it had grown to 34 employees at 3 locations. New Valley Bank & Trust (MA)'s money market rates are 7X the national average, and it has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #59143
Year Established2019
Employees34
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0%
Return on Equity - YTD0.05%
Annual Interest Income$9.2MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$319.1MM$264.3MM
LoansQ3 2023vs Q3 2022$221.5MM$179.9MM
DepositsQ3 2023vs Q3 2022$261.7MM$239.1MM
Equity CapitalQ3 2023vs Q3 2022$26.8MM$24.5MM
Loan Loss AllowanceQ3 2023vs Q3 2022$2.9MM$2.3MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$1.4MM$1.2MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not New Valley Bank & Trust (MA); 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.

New Valley Bank & Trust (MA) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.05%$10-Not for Savings
0.05%$10-Benchmark Savings
0.05%$10-IRA Savings
0.05%$10-Business Savings
0.05%$10-18/65 Savings

New Valley Bank & Trust (MA) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.05%$10-Municipal Money Market
3.04%$10-Apex Money Market
0.35%*$500k*-Money Market
OTHER TIERS: 0.05% $10 - $100k | 0.20% $100k - $500k
0.35%*$500k*-Commercial Money Market
OTHER TIERS: 0.05% $10+ | 0.20% $100k - $500k
0.20%$10-Commercial Sweep Money Market

New Valley Bank & Trust (MA) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%*-$50kMonarch Checking
OTHER TIERS: 0.05% $50k+
0.35%$10-Not for Profit NOW
0.30%$10-IOLTA
0.15%$10-Signature Checking
0.05%$10-Direct Checking
0.05%$10-Business Capital Checking

New Valley Bank & Trust (MA) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.56%$500-48 Month CD
3.56%$500-60 Month CD
3.56%$500-Business 48 Month CD
3.56%$500-Business 60 Month CD
0.40%$500-36 Month CD
0.40%$500-Business 36 Month CD
0.30%$500-24 Month CD
0.30%$500-Business 24 Month CD
0.25%$500-18 Month CD
0.25%$500-Business 18 Month CD
0.20%$500-12 Month CD
0.20%$500-Business 12 Month CD
0.15%$500-6 Month CD
0.15%$500-Business 6 Month CD
0.10%$500-3 Month CD
0.10%$500-Business 3 Month CD

New Valley Bank & Trust (MA) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.56%$500-48 Month IRA
3.56%$500-60 Month IRA
3.56%$500-Business 48 Month IRA
3.56%$500-Business 60 Month IRA
0.40%$500-36 Month IRA
0.40%$500-Business 36 Month IRA
0.30%$500-24 Month IRA
0.30%$500-Business 24 Month IRA
0.25%$500-18 Month IRA
0.25%$500-Business 18 Month IRA
0.20%$500-12 Month IRA
0.20%$500-Business 12 Month IRA
0.15%$500-6 Month IRA
0.15%$500-Business 6 Month IRA
0.10%$500-3 Month IRA
0.10%$500-Business 3 Month IRA
Locations


New Valley Bank & Trust (MA) Locations
New Valley Bank & Trust1 Monarch PlSpringfield, MA 01144
Springfield Branch1930 Wilbraham RoadSpringfield, MA 01129

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