Institution For Savings In Newburyport And Its Vicinity is a bank based in Newburyport, Massachusetts, established in 1820, with $5.4 billion in total assets across 13 branches. By Trust Grade it ranks 60th of 91 banks we track in Massachusetts. Its capital ratio of 12.4% is stronger than 80% of similarly sized banks, versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.15% return on assets. No consumer complaints against Institution For Savings In Newburyport And Its Vicinity appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Institution For Savings In Newburyport And Its Vicinity compares to Massachusetts peers
How we graded Institution For Savings In Newburyport And Its Vicinity
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.4% capital ratio)
- Profitable (ROA 0.15%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Institution For Savings In Newburyport And Its Vicinity over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (13)
- 93 State St, Newburyport, MA 01950
- 37 King St, Rockport, MA 01966
- 68 Storey Ave, Newburyport, MA 01950
- 28 Depot Sq, Ipswich, MA 01938
- 7 Bridge Rd, Salisbury, MA 01952
- 4 Parker St, Gloucester, MA 01930
- 312 Haverhill St, Rowley, MA 01969
- 4 Colon St, Beverly, MA 01915
- 5 Main St, Topsfield, MA 01983
- 161 S Main St, Middleton, MA 01949
- 545 Bay Rd, South Hamilton, MA 01982
- 150 Main St, Amesbury, MA 01913
- 6 Paradise Rd, Salem, MA 01970
Are deposits at Institution For Savings In Newburyport And Its Vicinity insured?
Yes. Institution For Savings In Newburyport And Its Vicinity is an FDIC-insured bank (FDIC certificate #90250). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Institution For Savings In Newburyport And Its Vicinity: frequently asked questions
Is Institution For Savings In Newburyport And Its Vicinity a good bank?
Institution For Savings In Newburyport And Its Vicinity earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Strongly capitalized (12.4% capital ratio); Profitable (ROA 0.15%).
Is Institution For Savings In Newburyport And Its Vicinity FDIC-insured?
Yes. Institution For Savings In Newburyport And Its Vicinity is a FDIC-insured bank (FDIC certificate #90250). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Institution For Savings In Newburyport And Its Vicinity?
Institution For Savings In Newburyport And Its Vicinity holds $5.4 billion in total assets, ranking 60th of 91 banks we track in Massachusetts. It operates 13 branches.
Does Institution For Savings In Newburyport And Its Vicinity have CFPB complaints?
No CFPB complaints against Institution For Savings In Newburyport And Its Vicinity appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
