Easthampton Savings Bank

Headquarters

36 Main Street
Easthampton, MA 01027
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.20% 0.95% →
2-Year CD 0.40% 1.05% →
5-Year CD 0.90% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Easthampton Savings Bank is an FDIC insured institution located in Easthampton, MA. It was founded in 1869 and has approximately $1.49 billion in assets. Customers can open an account at one of its 10 branches.

FDIC Insured Yes
FDIC Certificate # 90188
Date Established 1869
Assets $ 1,486.27 million
Loans $ 1,138.38 million
Deposits $ 1,161.01 million
Capital $ 132.58 million
 

For a more detailed analysis of Easthampton Savings Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.02% $2,500 $2,999 Learn More
Money Market
0.02% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $14,999 Learn More
3 Mo CD
0.05% $100,000 $199,999 Learn More
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
Special: 7 Mo CD
0.75% $1,000 - Learn More
12 Mo CD
0.20% $10,000 $14,999 Learn More
12 Mo CD
0.20% $100,000 $199,999 Learn More
18 Mo CD
0.30% $10,000 $14,999 Learn More
18 Mo CD
0.30% $100,000 $199,999 Learn More
24 Mo CD
0.40% $10,000 $14,999 Learn More
24 Mo CD
0.40% $100,000 $199,999 Learn More
36 Mo CD
0.50% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.60% $10,000 $14,999 Learn More
48 Mo CD
0.60% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
0.90% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 $99 Learn MoreShow Less
Int Ckg
0.02% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
Basic Checking 0.00% $0 $0.00 Learn MoreShow Less
Get Real Checking 0.00% $0 $0.00 Learn MoreShow Less
Premier Checking 0.00% $0 $0.00 Learn MoreShow Less

Loan Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Easthampton Savings Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Easthampton Savings Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Easthampton Savings Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Easthampton Savings Bank Locations


Financial Details

Easthampton Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Easthampton Savings Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Easthampton Savings Bank U.S. Bank Average
2.21% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Easthampton Savings Bank had $3,222,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $132,581,000 in equity and $12,913,000 in loans loss reserves. That gives it a Texas Ratio of 2.21%.

Return on Equity
Easthampton Savings Bank U.S. Bank Average
4.91% 7.80%

Easthampton Savings Bank has a Return on Equity of 4.91% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Easthampton Savings Bank U.S. Bank Average
8.92% 12.68%

Easthampton Savings Bank has a Capitalization of 8.92% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Easthampton Savings Bank Balance Sheet Analysis

As of March 31, 2020, Easthampton Savings Bank had assets of $1,486,271,000, loans of $1,138,380,000, and deposits of $1,161,010,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 79.47 million
Interest-bearing balances $ 59.28 million
Total securities $ 165.81 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,138.38 million
Loan loss allowance $ 12.91 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.33 million
All other assets $ 75.76 million
     Total Assets $ 1,353.69 million
LIABILITIES
Total deposits $ 1,161.01 million
      Interest-bearing deposits $ 1,050.50 million
      Deposits held in domestic offices $ 1,161.01 million
      % insured (estimated) 73.15%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 176.32 million
Subordinated debt N.A.
All other liabilities $ 16.37 million
      Total Liabilities $ 1,353.69 million
      Shareholders’ Equity $ 132.58 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 13.19 million
Total Interest Expense $ 3.68 million
Net interest income $ 9.51 million
Provision for loan and lease losses $ 1.51 million
Total non interest income $ 1.69 million
Total non interest expense $ 7.64 million
Pre-tax Net Operating Income $ 2.06 million

Bank Loan Profile?

The top three loan types in Easthampton Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, Easthampton Savings Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 44.67
Multifamily
Mortgages
10.28
Credit Card Loans 0.00
Consumer Auto Loans 0.50
Small Business Loans 0.00
Construction and Development Loans 2.26
Commercial Real Estate 30.63
Commercial and Industrial Loans 11.28
Farm Loans 0.01

Frequently Asked Questions About Easthampton Savings Bank

Branches and Savings

Is Easthampton Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #90188.

Why does Easthampton Savings Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Easthampton Savings Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Easthampton Savings Bank a commercial bank?

Yes

Where are Easthampton Savings Bank locations?

See branch locations nearby.

Is Easthampton Savings Bank open on Saturdays?

Is Easthampton Savings Bank open on Sundays?

What time does Easthampton Savings Bank open?

What time does Easthampton Savings Bank close?

Are Easthampton Savings Bank ATMs Open 24/7?

Do Easthampton Savings Bank ATMs accept cash deposits?

Can Easthampton Savings Bank customers use other ATMs?

Do Easthampton Savings Bank branches have notaries?

Will Easthampton Savings Bank notarize my document?

What address for Easthampton Savings Bank should I put for incoming ACH transfers?

Will the Easthampton Savings Bank branch print checks?

Do Easthampton Savings Bank checks expire?

Does Easthampton Savings Bank require US citizenship to open account?

Can Easthampton Savings Bank close my account?

Does Easthampton Savings Bank Report to credit bureaus?

Does Easthampton Savings Bank Use Equifax?

What is Easthampton Savings Bank's ACH Routing Number?

What is Easthampton Savings Bank's SWIFT code?

Products

Does Easthampton Savings Bank offer mortgages?

Compare mortgage rates here.

Does Easthampton Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Easthampton Savings Bank offer personal loans?

Compare personal loan rates here.

Does Easthampton Savings Bank offer student loans?

Will Easthampton Savings Bank cash a check?

Will Easthampton Savings Bank redeem a savings bond?

Does Easthampton Savings Bank cash savings bonds?

Will Easthampton Savings Bank cash money orders?

Can Easthampton Savings Bank issue a money order?

Does Easthampton Savings Bank do currency exchange?

Background on The Bank

Who owns Easthampton Savings Bank?

How long has Easthampton Savings Bank been around?

Can Easthampton Savings Bank transfer to other banks?

Does Easthampton Savings Bank have quick pay?

Does Easthampton Savings Bank accept rolled coins?

Will Easthampton Savings Bank accept loose change?

Where is Easthampton Savings Bank headquarters?

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