Bank Index

bankHometown

Bank · Oxford, United States · overall 5.1 / 10

Open in Bank Index

How this 5.1 is built

Average of 6 scored needs: 5.1. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

Bankhometown is recorded in the global register as a bank in Oxford, United States. The register shows its licence as licensed. Established 1889. Collected from open registers.

On its own website: “bankHometown, a local community bank in Massachusetts and Connecticut, provides personalized financial support to help you unlock your potential.”

Legal name
Bankhometown
Licence confirmed
yes, on a regulator's own list
Established
1889
LEI
549300HLPEQ31HY26E57
Website
bankhometown.com

Scores, 0 to 10

6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Lowest fees
The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “Features Statement received monthly; interest credited monthly Interest earned minus the $6 monthly maintenance service charge is submitted to the Mas” · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.