Winter Hill Bank is headquartered in Somerville and is the 88th largest bank in the state of Massachusetts. It is also the 2,167th largest bank in the nation. It was established in 1906 and as of December of 2020, it had grown to 58 employees at 3 locations. Winter Hill Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 28213 |
Year Established | 1906 |
Employees | 58 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.39% |
Return on Equity - YTD | 4% |
Annual Interest Income | $13.5MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $345.0MM$368.8MM |
Loans | Q4 2020vs Q4 2019 | $271.2MM$309.2MM |
Deposits | Q4 2020vs Q4 2019 | $284.1MM$283.4MM |
Equity Capital | Q4 2020vs Q4 2019 | $36.4MM$34.9MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $3.1MM$3.1MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $0$0 |
Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $10 | - | Passbook Savings | |
0.05% | $10 | - | Statement Savings | |
0.05% | $10 | - | Christmas Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $100k* | $3m | Prestige MMDA | ||
OTHER TIERS: 0.10% → $10 - $100k | 0.20% → $3m+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.10%* | $2k* | - | Super NOW Checking | ||
OTHER TIERS: 0.05% → $10 - $2k | |||||
0.10%* | $2k* | - | IOLTA Super NOW Checking | ||
OTHER TIERS: 0.05% → $10 - $2k | |||||
0.05% | $10 | - | Classic NOW Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.40% | $500 | - | 18 Month Statement IRA |
Winter Hill Bank Locations | ||
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265mainstreet Branch | 271 Main Street | North Reading, MA 01864 |
Winter Hill Bank, FSB | 342 Broadway | Somerville, MA 02145 |
Cutter Avenue Branch | 5 Cutter Avenue | Somerville, MA 02144 |