New Valley Bank & Trust (MA)

Overview | Eligibility Requirements | Receive alerts for this bank

View health report

CURRENT TOP RATE

Overview / Commentary

www.banknewvalley.com

413-707-3077

One Monarch Place, Suite 100 Unit 1
Springfield, MA 01144

New Valley Bank & Trust (MA) is headquartered in Springfield and is the 90^th largest bank in the state of Massachusetts. It is also the 2,580^th largest bank in the nation. It was established in 2019 and as of June of 2022, it had grown to 32 employees at 2 locations. New Valley Bank & Trust (MA)'s money market rates are 14% higher than the national average, and it has an A health rating.

Related Posts

View all posts from:

2020

7/8 - These Rates Are WAY Out Of Date Current Rates Very Low

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A

Data as of Q2 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	59143
Year Established	2019
Employees	32
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.07%
Return on Equity - YTD	0.75%
Annual Interest Income	$4.0MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$279.8MM$264.3MM
Loans	Q2 2022vs Q2 2021	$175.7MM$182.2MM
Deposits	Q2 2022vs Q2 2021	$254.3MM$215.9MM
Equity Capital	Q2 2022vs Q2 2021	$24.9MM$21.4MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$2.3MM$1.7MM
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$1.1MM$0
Real Estate Owned	Q2 2022vs Q2 2021	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$10	-	Benchmark Savings
0.10%	$10	-	IRA Savings
0.10%	$10	-	Business Savings

New Valley Bank & Trust (MA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$500k^*	-	Money Market
OTHER TIERS: 0.10% → $10 - $100k \| 0.25% → $100k - $500k
0.50%^*	$500k^*	-	Business Money Market
OTHER TIERS: 0.10% → $10 - $100k \| 0.25% → $100k - $500k

New Valley Bank & Trust (MA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	$10	-	Not for Profit NOW
0.30%	$10	-	IOLTA
0.25%	$10	-	Signature Checking
0.10%	$10	-	Direct Checking
0.10%	$10	-	Business Capital Checking

New Valley Bank & Trust (MA) CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%	$500	-	60 Month CD
0.75%	$500	-	Business 60 Month CD
0.55%	$500	-	48 Month CD
0.55%	$500	-	Business 48 Month CD
0.45%	$500	-	36 Month CD
0.45%	$500	-	Business 36 Month CD
0.35%	$500	-	24 Month CD
0.35%	$500	-	Business 24 Month CD
0.30%	$500	-	18 Month CD
0.30%	$500	-	Business 18 Month CD
0.25%	$500	-	12 Month CD
0.25%	$500	-	Business 12 Month CD
0.15%	$500	-	3 Month CD
0.15%	$500	-	6 Month CD
0.15%	$500	-	Business 3 Month CD
0.15%	$500	-	Business 6 Month CD

New Valley Bank & Trust (MA) IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%	$500	-	60 Month IRA
0.75%	$500	-	Business 60 Month IRA
0.55%	$500	-	48 Month IRA
0.55%	$500	-	Business 48 Month IRA
0.45%	$500	-	36 Month IRA
0.45%	$500	-	Business 36 Month IRA
0.35%	$500	-	24 Month IRA
0.35%	$500	-	Business 24 Month IRA
0.30%	$500	-	18 Month IRA
0.30%	$500	-	Business 18 Month IRA
0.25%	$500	-	12 Month IRA
0.25%	$500	-	Business 12 Month IRA
0.15%	$500	-	3 Month IRA
0.15%	$500	-	6 Month IRA
0.15%	$500	-	Business 3 Month IRA
0.15%	$500	-	Business 6 Month IRA

Locations

New Valley Bank & Trust (MA) Locations
Springfield Branch	1930 Wilbraham Road	Springfield, MA 01129
New Valley Bank & Trust	1 Monarch Pl	Springfield, MA 01144

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.