Bank · FDIC insured
BankGloucester
A $386.9M bank headquartered in Gloucester, MA, with 3 branches in Massachusetts. Best rates: CDs 4.13% and savings 0.10% APY.
BankGloucester Carrot Score
74
Carrot Score
Higher than 35% of U.S. banks and credit unions
#83 of 141 in Boston, MA-NH metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About BankGloucester
BankGloucester has served Cape Ann and surrounding communities since 1887.
- Headquarters
- 160 Main St, Gloucester, MA 01930
- FDIC certificate
- 26536 ↗
Branches
3 branches in Massachusetts
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Massachusetts
3 branches
- BankGloucesterMain office160 Main St, Gloucester, MA 01930Directions
- Essex Branch15 Martin St, Essex, MA 01929Directions
- Ipswich Branch143 High St, Ipswich, MA 01938Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.70% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 2.98% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.42% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $110 | $81 | — |
- CapitalLeverage ratio8.70%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent2.98%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.42%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$110Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of BankGloucester are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.