Wells River Savings Bank

Overview / Commentary

www.wellsriversavings.com

802-757-2361

34 Main Street
Wells River, VT 05081

Wells River Savings Bank is headquartered in Wells River and is the 10^th largest bank in the state of Vermont. It is also the 2,986^th largest bank in the nation. It was established in 1892 and as of June of 2019, it had grown to 51 employees at 6 locations. Wells River Savings Bank's money market rates are 3X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q2 2019

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Health Grade Components

Overall
FDIC Certificate #	14136
Year Established	1892
Employees	51
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.34%
Return on Equity - YTD	3.13%
Annual Interest Income	$3.8MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$187.9MM$167.6MM
Loans	Q2 2019vs Q2 2018	$123.4MM$101.0MM
Deposits	Q2 2019vs Q2 2018	$147.9MM$137.6MM
Equity Capital	Q2 2019vs Q2 2018	$20.9MM$18.7MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$679.00K$545.00K
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$809.00K$948.00K
Real Estate Owned	Q2 2019vs Q2 2018	$0$5.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Wells River Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$10k^*	-	Health Savings Accounts
OTHER TIERS: 0.15% → Up to $1k \| 0.35% → $1k - $10k
0.15%^*	$100k^*	-	Statement Savings
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $100k
0.15%^*	$100k^*	-	Youth Savings
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $100k
0.15%^*	$100k^*	-	Student Savings
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $100k
0.15%^*	$100k^*	-	Automatic Transfer Account
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $100k
0.05%	$1	-	Savings Club Account

Wells River Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%^*	$250k^*	-	Premium Money Market
OTHER TIERS: 0.05% → Up to $25k \| 0.15% → $25k - $50k \| 0.25% → $50k+ \| 1.00% → $100k - $250k
0.15%^*	$25k^*	-	Money Market
OTHER TIERS: 0.05% → Up to $25k

Wells River Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$100k^*	-	NOW Account
OTHER TIERS: 0.05% → Up to $2.5k \| 0.08% → $2.5k - $100k
0.15%^*	$100k^*	-	IOLTA Account
OTHER TIERS: 0.05% → Up to $2.5k \| 0.08% → $2.5k - $100k
0.15%^*	$100k^*	-	IORTA Account
OTHER TIERS: 0.05% → Up to $2.5k \| 0.08% → $2.5k - $100k

Wells River Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%	$200	-	60 Month CD
1.51%	$200	-	60 Month CDARS
1.26%	$200	-	36 Month CD
1.26%	$200	-	36 Month CDARS
1.00%	$200	-	24 Month CD
1.00%	$200	-	24 Month CDARS
0.70%	$200	-	12 Month CD
0.70%	$200	-	12 Month CDARS
0.45%	$200	-	6 Month CD
0.45%	$200	-	6 Month CDARS
0.30%	$200	-	3 Month CD
0.30%	$200	-	3 Month CDARS
0.05%	$10k	-	28 Day CDARS

Wells River Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%	$200	-	60 Month IRA
1.26%	$200	-	36 Month IRA
1.00%	$200	-	24 Month IRA
0.70%	$200	-	12 Month IRA
0.45%	$200	-	6 Month IRA
0.30%	$200	-	3 Month IRA

Locations

Wells River Savings Bank Locations
Bradford Branch	223 Main Street	Bradford, VT 05033
East Thetford Branch	3088 Route 5	East Thetford, VT 05043
Wells River Savings Bank	34 Main Street	Wells River, VT 05081
West Side Branch	47 Main Street North	Wells River, VT 05081
Newbury Branch	4976 Main Street South	Newbury, VT 05051
Fairlee Branch	540 Route 5 N.	Fairlee, VT 05045

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