Bank Of New England is a bank based in Salem, New Hampshire, established in 1983, with $1.8 billion in total assets across 9 branches. By Trust Grade it ranks 1st of 17 banks we track in New Hampshire. Its capital ratio of 15.8% is stronger than 95% of similarly sized banks, versus a New Hampshire median of 9.6%. It was profitable over the most recent period, with a 2.14% return on assets. No consumer complaints against Bank Of New England appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Bank Of New England compares to New Hampshire peers
How we graded Bank Of New England
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.8% capital ratio)
- Strongly profitable (ROA 2.14%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Bank Of New England over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (9)
- 31 Pelham Rd, Salem, NH 03079
- 14 Bank Road, Windham, NH 03087
- 177 S River Rd, Bedford, NH 03110
- 295 Main St, Nashua, NH 03060
- 1a Action Blvd, Londonderry, NH 03053
- 12 Haverhill St, Andover, MA 01810
- 3 Cross St, Methuen, MA 01844
- 37 Emerson St, Haverhill, MA 01830
- 1589 Elm St Ste 102, Manchester, NH 03101
Are deposits at Bank Of New England insured?
Yes. Bank Of New England is an FDIC-insured bank (FDIC certificate #24540). 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.
Bank Of New England: frequently asked questions
Is Bank Of New England a good bank?
Bank Of New England earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (15.8% capital ratio); Strongly profitable (ROA 2.14%).
Is Bank Of New England FDIC-insured?
Yes. Bank Of New England is a FDIC-insured bank (FDIC certificate #24540). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Bank Of New England?
Bank Of New England holds $1.8 billion in total assets, ranking 1st of 17 banks we track in New Hampshire. It operates 9 branches.
Does Bank Of New England have CFPB complaints?
No CFPB complaints against Bank Of New England 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.
