Bank · FDIC insured
National Grand Bank
A $444.8M bank headquartered in Marblehead, MA, with 2 branches in Massachusetts. Best rates: CDs 4.25% and savings 0.25% APY.
National Grand Bank Carrot Score
77
Carrot Score
Higher than 44% of U.S. banks and credit unions
#68 of 141 in Boston, MA-NH metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About National Grand Bank
The National Grand Bank of Marblehead is headquartered in Marblehead, Massachusetts, where it was incorporated in 1831.
Originally formed to finance vessels and serve Marblehead's fishermen and sea merchants, the bank surrendered its state charter to operate as a national bank in 1865.
The bank focuses its banking services on Massachusetts' North Shore region.
- Headquarters
- 91 Pleasant St, Marblehead, MA 01945
- FDIC certificate
- 2608 ↗
Branches
2 branches in Massachusetts
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Massachusetts
2 branches
- The National Grand Bank of MarbleheadMain office91 Pleasant St, Marblehead, MA 01945Directions
- Marblehead High School Branch2 Humphrey St, Marblehead, MA 01945Directions
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 | 10.31% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.04% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.60% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $90 | $81 | — |
- CapitalLeverage ratio10.31%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.04%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.60%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$90Peers’ 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 National Grand Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.