National Grand Bank Information
Basic Information
Bank Name: National Grand Bank
Holding Company: Grand Bank Corporation
Concentration: Mortgage Lending Specialization
91 Pleasant Street
Marblehead, Massachusetts 1945
United States
Website: https://www.ngbank.com
General Information
Established: 1831-01-01
Total Branches: 2
Headquarters Located: Marblehead
Assets: $ 314,362,000
Equity Capital: $ 36,277,000
Deposits: $ 249,308,000
Domestic Deposits: $ 249,308,000
Net Income: $ 839,000
Quarterly Net Income: $ 839,000
Return on Assets: 1.06%
Return on Equity: 9.21%
Pretax Return on Assets: 1.38%
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FDIC Information
Certificate No.: 2608
Insurance: 1934-01-01 00:00:00
Unique ID: 1691
Structural Event: Merge BIF and SAIF Funds into DIF
Supervisory Region: New York
Federal Reserve District: Boston
Federal Reserve ID No.: 863607
Geographic Region: New York
Supervisory Region: New York
Field Office: North Boston
Supervisory Office: New York
More Information
County: Essex
State & County No.: 25009
State Identification Code: 25
Interstate Branches: No
Domestic Offices: 2
Conservatorship: No
CMSA: Boston-Worcester-Lawrence, MA-NH-ME-CT
CMSA Division No.: No
Trust Powers: Yes
Metropolitan Statistical Area: Boston, MA-NH
Metropolitan Statistical Area No.: 1120
CSA: Boston-Worcester-Providence, MA-RI-NH-CT
CSA Code: 148
CBSA: Boston-Cambridge-Newton, MA-NH
CBSA Code: 14460
CBSA Metropolitan Statistical Areas: Boston-Cambridge-Newton, MA-NH
City of High Holder: Marblehead
FFIEC Call Report 31 Filer: No
Chartering Agency: OCC
OCC Charter Number: 676
Charter Class:
Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC).
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Office of Thrift Supervision Region: Northeast
Regulator: Office of the Comptroller of the Currency (OCC)
Office of the Comptroller (OCC) Districts: Northeast
Report Date: 31 March 2018, Last Updated: 21 May 2018