Westfield Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
1.25%	5-year CD	3.10% - Goldman Sachs Bank USA High-yield 5 Year CD
0.30%	1-year CD	2.65% - Barclays 12 Month Online CD
0.10%	Savings	2.00% - Ally Bank Online Savings Account

View all Westfield Bank rates »

Overview / Commentary

www.westfieldbank.com

413-568-1911

141 Elm Street
Westfield, MA 01085

Westfield Bank is headquartered in Westfield and is the 21^st largest bank in the state of Massachusetts. It is also the 396^th largest bank in the nation. It was established in 1853 and as of September of 2018, it had grown to 288 employees at 24 locations. Westfield Bank has an A health rating.

Overall
FDIC Certificate #	90300
Year Established	1853
Employees	288
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.88%
Return on Equity - YTD	7.95%
Annual Interest Income	$58.8MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$2.15B$2.08B
Loans	Q3 2018vs Q3 2017	$1.68B$1.61B
Deposits	Q3 2018vs Q3 2017	$1.61B$1.52B
Equity Capital	Q3 2018vs Q3 2017	$229.5MM$242.4MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$12.2MM$10.5MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$12.8MM$13.2MM
Real Estate Owned	Q3 2018vs Q3 2017	$0$103.00K

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.

Westfield Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	$10	-	Signature Savings
0.10%	$10	-	Classic Statement Savings
0.10%	$10	-	Free Statement Savings
0.10%	$10	-	Ready, Set, Grow Savings

Westfield Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%^*	$500k^*	-	Performance Money Market
OTHER TIERS: 0.15% → $10 - $100k \| 0.30% → $100k - $250k \| 0.40% → $250k - $500k
0.20%^*	$50k^*	-	IRA Money Market
OTHER TIERS: 0.10% → $10 - $25k \| 0.15% → $25k - $50k
0.15%^*	$250k^*	-	Business Money Market
OTHER TIERS: 0.10% → $10 - $250k
0.15%	$10	-	Business Prime Money Market
0.10%	$10	-	Summit Money Market

Westfield Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$10	-	WB Interest Checking

Westfield Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%	$1k	-	30 Month WB Signature CD
2.85%	$1k	-	20 Month WB Signature CD
2.85%	$1k	-	20 Month WB Classic CD
2.85%	$1k	-	Business 20 Month CD
2.85%	$1k	$5m	20 Month CD Special
2.85%	$1k	$5m	Business 20 Month CD Special
2.20%	$1k	-	7 Month WB Classic CD
2.20%	$1k	-	7 Month WB Signature CD
2.20%	$1k	-	Business 7 Month CD
2.20%	$1k	$5m	7 Month CD Special
2.20%	$1k	$5m	Business 7 Month CD Special
1.25%	$1k	-	60 Month WB Classic CD
1.00%	$1k	-	48 Month WB Classic CD
1.00%	$1k	-	Business 48 Month CD
0.75%	$1k	-	36 Month WB Classic CD
0.50%	$1k	-	24 Month WB Classic CD
0.50%	$1k	-	Business 24 Month CD
0.30%	$1k	-	12 Month WB Classic CD
0.30%	$1k	-	Business 12 Month CD
0.20%	$1k	-	6 Month WB Classic CD
0.20%	$1k	-	Business 6 Month CD
0.10%	$1k	-	3 Month WB Classic CD

Westfield Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%	$500	-	30 Month WB Signature IRA
2.85%	$500	-	20 Month WB Signature IRA
2.85%	$500	-	20 Month WB Classic IRA
2.20%	$500	-	7 Month WB Classic IRA
2.20%	$500	-	7 Month WB Signature IRA
2.10%	$500	-	13 Month Retirement Accumulator CD
1.25%	$500	-	60 Month WB Classic IRA
1.00%	$500	-	48 Month WB Classic IRA
0.75%	$500	-	36 Month WB Classic IRA
0.50%	$500	-	24 Month WB Classic IRA
0.40%	$500	-	12 Month Add-On IRA
0.30%	$500	-	12 Month WB Classic IRA

Locations

Availability

Springfield Area

Springfield Area bank & credit union details

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