BANK OF NEW ENGLAND
SALEM, NEW HAMPSHIRE · FDIC Cert #24540
Capital & Safety Analysis
According to FDIC financial data, BANK OF NEW ENGLAND holds a Tier 1 capital ratio of 16.10%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANK OF NEW ENGLAND has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
BANK OF NEW ENGLAND shows strong financial health indicators. With $1.5B in assets and a Health Score of 66/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
BANK OF NEW ENGLAND has a Bank Health Score of B (66/100). It holds a Tier 1 capital ratio of 16.10%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
BANK OF NEW ENGLAND holds $1.5B in total assets and $1.2B in total deposits. It is located in SALEM, NEW HAMPSHIRE (FDIC Certificate #24540).
BANK OF NEW ENGLAND has a Tier 1 capital ratio of 16.10%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 2.34%, and the return on assets is 2.63%.
Yes. BANK OF NEW ENGLAND is FDIC-insured (Certificate #24540). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.