One bank in the USA is always trying to meet the personal and business financial needs of the local community and that is North Easton Savings Bank. They are committed to serving the community, especially in southeastern Massachusetts. 

For community banking, its rate is better than everything. To meet the goal they set the standard for excellence in financial service. Not only that, they are still working to offer more innovative banking. That’s how it becomes an ultimate solution for those who need to fit different financial needs.

We appreciate their team management. They have dedication, love, and show professionalism for banking. Let’s know the growing story of this bank in this review.

North Easton Savings Bank
Picture: North Easton Savings Bank

What Is North Easton Savings Bank?

In 1864, North Easton Savings bank was founded. Now they are operating as a community bank in different locations. But its headquarters is in South Easton, Massachusetts.

As one of the oldest banks, this one has assets totaling assets of $545 million and deposits totaling $495. They still have scope to develop their activity in many sectors but this medium-size bank loves to deal with customers.

You’ll find mobile apps and web apps to make banking easy for everyone. Their product variety and offers are perfect including savings accounts, checking accounts, money market accounts, CDs, and IRAs for daily banking. This bank monitors its rates and services as well.

Homepage of NESB
Picture: Homepage of NESB


Here is more information is given below on this bank:

Company size51-200 employees
HeadquartersSouth Easton, Massachusetts
TypePrivately Held
SpecialtiesCommercial Loans, Mortgages, Deposits, and Full-service Banking

Assets and Liabilities:

There are some differences we’ve found in the assets and liabilities status of this bank after comparing between the 1st quarter of 2021 and 1st quarter of 2020 and here it is.

ParticularsQ1 2021Q1 2020
Assets$1.33 B$1.14 B
Loans$855.9 MM$831.2 MM
Deposits$1.19 B$968.7 MM
Equity Capital$125.1 MM$112.7 MM
Loans Loss Allowance$5.1 MM$4.3 MM
Unbacked Noncurrent Loans$$1.9 MM$2.2 MM
Real Estate Owned$0$0
Branch of NESB
Picture: Branch of NESB

What Are The Product Types of NESB?

Products of this bank are for both personal and business banking. Here is the list of currently offered products.

Personal Banking

  • NESB Checking
  • Online Mobile Banking
  • Savings & CDs
  • Investment Service

Personal Lending:

  • Home Mortgage
  • Home Equity Line of Credit (HELOC)
  • Home Equity Loans
  • Home Improvements Loans
  • Personal Loans

Business Banking

  • Checking Accounts
  • Online and Mobile Banking
  • Savings
  • Money Market
  • CDs
  • Mutual Shares for Non-Profit

Business Lending:

  • Business Loans
  • Commercial Real Estate Loans
  • Mutual Growth
  • PPP Loan Resources

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What Are The Rates of The Product?

Product rate reflects how best or worst the product will fit with personal financial needs. So, this chart will be clear about the rate of the product of this bank.

Savings and Money Market:

Money Market0.10%$2500$2999
Money Market0.10%$10,000$14,999
Money Market0.10%$25,000$29,999

CD Rates:

6 Mo CD0.50%$10,000$14,999
6 Mo CD0.50%$100,000$199,999
12 Mo CD0.35%$10,000$14,999
12 Mo CD0.35%$100,000$199,999
18 Mo CD0.55%$10,000$14,999
18 Mo CD0.55%$100,000$199,999
24 Mo CD0.60%$10,000$14,999
24 Mo CD0.60%$100,000$199,999
48 Mo CD0.75%$10,000$14,999
48 Mo CD0.75%$100,000$199,999

Checking Rates:

Now Checking0.05%$400$5.00

For the savings accounts, money market accounts, checking accounts, and CDs the rate is highly competitive with other banks. But there are options for you to choose which product, including the rate will be best for you. Now you can easily compare the rate with the national average. This method will help you to get a decision for your financial product.

Read More: The Merger Between Sevier County Bank And SmartFinancial, Inc.

Comparison of Popular Accounts At This bank

 Let’s compare the rates of a few popular products of this bank with different media.

APYAccount TypeHow They Compare
1.50%Reward Checking0.03% – Citi Citi Priority
0.40%Reward Savings0.64% – National Average
0.25%1 Year CD0.55% – Ponce Bank 13 Month High Yield CD
National Average vs. North Easton Savings
Picture: National Average vs. North Easton Savings

Rating For Services:

After reviewing every detail and performance of this bank, we rated this bank in different categories.

  • Rates (3.0/5)
  • Fees (4.3/5)
  • Service Quality (3.5/5)
  • Financial Health (4.95)

Key Highlights:

  • Low Fees
  • Mobile Apps
  • Multiple Banking Products


After a comparison with the national average, fees of this bank are lower than in almost every product. This bank is perfect for the people. If you love to use ATMs all the time, then this bank is for you.

It charges a minimal amount for out-of-network ATM fees and that is $1.50. This amount is reasonable for ATM users.

Besides, the overdraft fee is $35.00. This amount is still considerable for minimizing. It doesn’t refund any amount, especially the out-of-network ATM fees. Here is the comparison of the fees with the national average.

ParticularAmountNational Average
Monthly Fee$0$3.21
Non-network ATM Fee$1.50$1.20
Overdraft Fee$35.00$35.00

Overall Service Quality:

With 10 branches, North Easton Savings Bank is desperately trying to reach its customers and increase the service. Clients can use its mobile app and web app to manage their money as well as communicate with customer service.

Using such an application, you can easily transfer your money, show statements, check current account status, pay bills, and many more. For these types of the flexibility of services, this bank receives an excellent consumer satisfaction score.

Here is the rating for the service quality:

  • Overall Mobile Rating (3.2/5)
  • Consumer Satisfaction Rating (5.0/5)
  • Online Banking Portal (No)
  • Live Chat (No)
Use the mobile app
Picture: Use the mobile app


In every aspect, North Easton Savings Bank overcomes all the obstacles that make the road to success. Their rates, fees, and service quality are best and that strategy is loved by all the customers of the local community.

Maybe there is still some scope to improve services but we found they are best in the banking business. After comparison with other banks of the same category, this one could be your bank for daily banking.

If you are thinking of an option for a flexible banking service that also offers a high return on your money then this bank is the option.

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