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 2,925^th largest bank in the nation. It was established in 1892 and as of March of 2020, it had grown to 57 employees at 6 locations. Wells River Savings Bank has an A health rating.

Reviews

Write a Review

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

Health

Data as of Q1 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	14136
Year Established	1892
Employees	57
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.17%
Return on Equity - YTD	1.52%
Annual Interest Income	$1.9MM

Assets and Liabilities
Assets	Q1 2020vs Q1 2019	$193.0MM$188.0MM
Loans	Q1 2020vs Q1 2019	$127.1MM$121.1MM
Deposits	Q1 2020vs Q1 2019	$154.9MM$149.0MM
Equity Capital	Q1 2020vs Q1 2019	$21.1MM$20.1MM
Loan Loss Allowance	Q1 2020vs Q1 2019	$760.00K$655.00K
Unbacked Noncurrent Loans	Q1 2020vs Q1 2019	$799.00K$1.1MM
Real Estate Owned	Q1 2020vs Q1 2019	$119.00K$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 Wells River 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.

Wells River Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%^*	-	$75k	Kasasa Saver
OTHER TIERS: 0.25% → $75k+
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
0.40%^*	$100k^*	-	Premium Money Market
OTHER TIERS: 0.05% → Up to $25k \| 0.15% → $25k - $50k \| 0.25% → $50k+
0.15%^*	$25k^*	-	Money Market
OTHER TIERS: 0.05% → Up to $25k

Wells River Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%^*	-	$35k	Kasasa Cash
OTHER TIERS: 0.25% → $35k+
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
0.60%	$200	-	24 Month CD
0.60%	$200	-	36 Month CD
0.60%	$200	-	60 Month CD
0.60%	$10k	-	24 Month CDARS
0.60%	$10k	-	36 Month CDARS
0.60%	$10k	-	60 Month CDARS
0.40%	$200	-	12 Month CD
0.40%	$10k	-	12 Month CDARS
0.30%	$200	-	6 Month CD
0.30%	$10k	-	6 Month CDARS
0.15%	$200	-	3 Month CD
0.15%	$10k	-	3 Month CDARS
0.05%	$10k	-	28 Day CDARS

Wells River Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$50	-	24 Month IRA
0.60%	$50	-	36 Month IRA
0.60%	$50	-	60 Month IRA
0.40%	$50	-	12 Month IRA
0.30%	$50	-	6 Month IRA
0.15%	$50	-	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

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.