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Florence Bank Rates & Review November 2026
Content reviewed by
Brian McKay
Brian McKay
Founder & Data Architect
Expertise
Automated Online Rate Data Aggregation
Location-Based Rate Tables
Bank & Credit Union Health Safety Ratings
Bank & Credit Union Star Ratings
Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
|✓Fact Checked|Rates Last Updated and Verified: November 6, 2026
Florence Bank's 14-Month CD rates are at 3.90%, 9-Month CD rates are at 3.75%, 5-Month CD rates are at 3.30%, 16-Month CD rates are at 3.10%, 36-Month CD rates are at 3.00%. Florence Bank's savings rates are at 3.30%. Florence Bank's money market rates are at 0.40%. Florence Bank's checking rates are as high as 0.25%. Florence Bank's Welcome Home- 10/1-Year Adjustable Rate (30-Year Term) Loan rates are at 5.25%, Welcome Home - 30-Year Fixed Rate rates are at 6.25%, FTHB - 10/1-Year Adjustable Rate (30-Year Term) Loan rates are at 5.75%, FTHB - 7/1-Year Adjustable Rate (30-Year Term) Loan rates are at 5.50%, FTHB - 5/1-Year Adjustable Rate (30-Year Term) Loan rates are at 5.25%. Florence Bank's top CD rate of 3.90% APY on a 14 month CD is 30% higher than the MonitorBankRates national average of 3.00% APY for that term, and it has an A+ health rating. MonitorBankRates evaluates the financial stability of Florence Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.70%. Rates last updated and verified on 11/06/2026.
Florence Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Florence Bank? Share your experience about Florence Bank by leaving a review below, or read customer reviews before you decide to use Florence Bank.
Florence Bank has earned an overall safety grade of A+ (Exceptional, Score: 99/100).
This proprietary letter grade is calculated by combining the institution's Star Rating with its Texas Ratio, providing a straightforward indicator of its financial stability and reliability.
Grades range from A+ (Exceptional) to F (High Risk) based on objective FDIC regulatory data.
MonitorBankRates Rating
?
5.0
ExceptionalOut of 5.0 Stars
MonitorBankRates Star Rating
Florence Bank has earned a Star Rating of 5.0 out of 5 stars (Exceptional).
Our proprietary rating system evaluates financial stability including the Texas Ratio and capitalization and combines it with customer feedback (user reviews) to help you make informed banking decisions.
Based on 1 customer review averaging 5.0 stars.
Texas Ratio
?
2.70%
ExcellentLower than avg
Florence Bank Texas Ratio
Florence Bank's Texas Ratio is 2.70%, which is considered excellent and is lower than the national average of 5.85%.
Florence Bank has a very low volume of non-performing assets compared to its available capital, signifying a strong balance sheet.
The Texas Ratio compares non-performing assets to tangible common equity and loan loss reserves. Lower is better.
4.08% to 2.70% over 12 quarters, improvingFull history
Star Rating 5.0 to 5.0, Health Grade A+ to A+
The Texas Ratio for this bank has improved and is now very strong since Q3 2023. Lower is healthier; the amber line is the 15% level required for the MBR Verified Healthy badge.
Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.
Florence Bank CD Rates
Product
Rate
APY
Term
Min. Deposit
View More
14-Month CD
3.83%
3.90%
14 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
1 change since Sep 24, 2026 · 3.55% → 3.90% ▲ 0.35 pts · high 3.90% / low 3.55%
Nov 6, 20263.90%▲ from 3.55%
Sep 24, 20263.55%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
14-Month IRA CD
3.83%
3.90%
14 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
1 change since Sep 24, 2026 · 3.55% → 3.90% ▲ 0.35 pts · high 3.90% / low 3.55%
Nov 6, 20263.90%▲ from 3.55%
Sep 24, 20263.55%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
9-Month CD
3.69%
3.75%
9 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
1 change since Sep 24, 2026 · 3.40% → 3.75% ▲ 0.35 pts · high 3.75% / low 3.40%
Nov 6, 20263.75%▲ from 3.40%
Sep 24, 20263.40%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
9-Month IRA CD
3.69%
3.75%
9 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
1 change since Sep 24, 2026 · 3.40% → 3.75% ▲ 0.35 pts · high 3.75% / low 3.40%
Nov 6, 20263.75%▲ from 3.40%
Sep 24, 20263.40%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
5-Month CD
3.25%
3.30%
5 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.30% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
5-Month IRA CD
3.25%
3.30%
5 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.30% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
16-Month CD
3.06%
3.10%
16 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.10% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
16-Month IRA CD
3.06%
3.10%
16 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.10% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
36-Month CD
2.96%
3.00%
36 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.00% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
36-Month IRA CD
2.96%
3.00%
36 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.00% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
48-Month CD
2.96%
3.00%
48 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.00% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
48-Month IRA CD
2.96%
3.00%
48 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.00% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
60-Month CD
2.96%
3.00%
60 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.00% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
60-Month IRA CD
2.96%
3.00%
60 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.00% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
7-Month Easy-Out CD
2.96%
3.00%
7 Month
$5,000
Min Deposit$5,000
Min Balance$500
DetailsEasy-Out CD: penalty-free withdrawals of principal every 7 days
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 3.00% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
24-Month CD
2.13%
2.15%
24 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 2.15% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
24-Month IRA CD
2.13%
2.15%
24 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 2.15% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
12-Month CD
1.49%
1.50%
12 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 1.50% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
12-Month IRA CD
1.49%
1.50%
12 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 1.50% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
6-Month CD
1.49%
1.50%
6 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 1.50% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
6-Month IRA CD
1.49%
1.50%
6 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 1.50% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
3-Month CD
1.00%
1.00%
3 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 1.00% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
30-Month CD
0.35%
0.35%
30 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.35% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
30-Month IRA CD
0.35%
0.35%
30 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.35% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
18-Month CD
0.20%
0.20%
18 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.20% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
18-Month IRA CD
0.20%
0.20%
18 months
$500
Min Deposit$500
Min Balance$500
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.20% APY · checked 9 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
17-Month Easy-Out CD
0.15%
0.15%
17 Month
$5,000
Min Deposit$5,000
Min Balance$500
DetailsEasy-Out CD: penalty-free withdrawals of principal every 7 days
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.15% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Florence Bank Savings Rates
Product
Rate
APY
View More
High-Yield Savings Qualifying Rate
3.25%
3.30%
Min Deposit$10
Min Balance$10
DetailsQualifying rate paid when owner and co-owner cumulative checking balances are at least $5,000 each day during the statement cycle; otherwise base rate applies
Last Updated11/06/2026
Rate History
1 change since Sep 24, 2026 · 3.20% → 3.30% ▲ 0.10 pts · high 3.30% / low 3.20%
Nov 1, 20263.30%▲ from 3.20%
Sep 24, 20263.20%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
NextGen Savings
1.00%
1.00%
Min Deposit$0
Min Balance$0
DetailsBalance: $0.00 - $500.00; No monthly service charges or fees; Designed for kids ages 8-17
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 1.00% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
NextGen Savings
0.50%
0.50%
Min Deposit$0
Min Balance$500
DetailsBalance: $500.01 and over; No monthly service charges or fees; Designed for kids ages 8-17
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.50% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
School Savings
0.10%
0.10%
Min Deposit$1
Min Balance$1
DetailsUpon the student reaching age 19, the account is transferred to another savings account at the bank; Fees may reduce earnings on these accounts
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.10% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Client Escrow Savings
0.05%
0.05%
Min Deposit$100
Min Balance$10
DetailsA Client Escrow Account is required to open the Client Escrow Savings Account. Fees may reduce earnings. The interest rate and APY may change after the account is opened.
Last Updated11/06/2026
Rate History
No change since Oct 21, 2026 · 0.05% APY · checked 4 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Club Account
0.05%
0.05%
Min Deposit$10
Min Balance$10
DetailsFees may reduce earnings on these accounts
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.05% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
High-Yield Savings Base Rate
0.05%
0.05%
Min Deposit$10
Min Balance$0
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.05% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Passbook Savings
0.05%
0.05%
Min Deposit$10
Min Balance$10
DetailsFees may reduce earnings on these accounts
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.05% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Statement Savings
0.05%
0.05%
Min Deposit$10
Min Balance$10
DetailsFees may reduce earnings on these accounts
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.05% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Variable IRA Savings Account
0.05%
0.05%
Min Deposit$10
Min Balance$10
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.05% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Florence Bank Money Market Rates
Product
Rate
APY
View More
Performance Money Market Account
0.40%
0.40%
Min Deposit$1,000
Min Balance$100,000
DetailsTier 5; Minimum balance to obtain APY: $100,000; A Personal Checking Account is required to open the Performance Money Market Account
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.40% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Performance Money Market Account
0.30%
0.30%
Min Deposit$1,000
Min Balance$50,000
DetailsTier 4; Minimum balance to obtain APY: $50,000; A Personal Checking Account is required to open the Performance Money Market Account
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.30% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Performance Money Market Account
0.20%
0.20%
Min Deposit$1,000
Min Balance$25,000
DetailsTier 3; Minimum balance to obtain APY: $25,000; A Personal Checking Account is required to open the Performance Money Market Account
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.20% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Money Market Account
0.15%
0.15%
Min Deposit$1,000
Min Balance$1,000
DetailsMinimum balance to obtain the APY: $1,000
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.15% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Performance Money Market Account
0.15%
0.15%
Min Deposit$1,000
Min Balance$10,000
DetailsTier 2; Minimum balance to obtain APY: $10,000; A Personal Checking Account is required to open the Performance Money Market Account
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.15% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Money Market Account
0.05%
0.05%
Min Deposit$1,000
Min Balance$10
DetailsMinimum balance to obtain the APY: $10
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.05% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Performance Money Market Account
0.05%
0.05%
Min Deposit$1,000
Min Balance$10
DetailsTier 1; Minimum balance to obtain APY: $10; A Personal Checking Account is required to open the Performance Money Market Account
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.05% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Florence Bank Business Money Market Rates
Product
Rate
APY
View More
Business Money Market
0.40%
0.40%
Min Deposit$1,000
Min Balance$500,000
DetailsTier 4
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.40% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Business Money Market
0.30%
0.30%
Min Deposit$1,000
Min Balance$100,000
DetailsTier 3
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.30% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Business Money Market
0.20%
0.20%
Min Deposit$1,000
Min Balance$25,000
DetailsTier 2
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.20% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Business Money Market
0.15%
0.15%
Min Deposit$1,000
Min Balance$10
DetailsTier 1
Last Updated11/06/2026
Rate History
No change since Sep 27, 2026 · 0.15% APY · checked 8 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Florence Bank Checking Rates
Product
Rate
APY
View More
Rewards Checking
0.25%
0.25%
Min Deposit$10
Min Balance$0
DetailsQualifications Required; Qualifying balance up to $25,000.00; Rates as of 10/21/2026
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.25% APY · checked 10 times
DetailsFully Indexed Rate: 7.250%; Initial Adjustment/Lifetime Adjustment cap 2%/6%; margin 2.75%; index 4.44; APR subject to increase or decrease at each adjustment; initial rate may be discounted until first review period; welcome home loans are only available for first-time homebuyers in Chicopee, Holyoke, or Springfield, Massachusetts; APR assumes a $100,000 mortgage
Last Updated11/06/2026
Rate History
No change since Nov 6, 2026 · 6.00% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Welcome Home - 30-Year Fixed Rate
6.25%
-
6.309%
DetailsWelcome Home loans are only available for first-time homebuyers; owner-occupied single-family, two-family, or condominium in Chicopee, Holyoke, or Springfield, Massachusetts; APR assumes a $100,000 mortgage; Welcome Home Mortgage Incentives include lender credit toward closing costs, processing fee waived, PMI waived, discounted interest rate, up to 100% financing
DetailsFirst Time Homebuyer Mortgage Loans; Fully Indexed Rate: 7.250%; 120 payments before first adjustment; CAP Structure 2%/6%; ARM margin 2.75%; ARM index 4.44; APR subject to change at each adjustment; PMI required if down payment is less than 20%
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.00% → 6.32% ▲ 0.32 pts · high 6.32% / low 6.00%
DetailsFirst Time Homebuyer Mortgage Loans; Fully Indexed Rate: 7.250%; 84 payments before first adjustment; CAP Structure 2%/6%; ARM margin 2.75%; ARM index 4.44; APR subject to change at each adjustment; PMI required if down payment is less than 20%
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.22% → 6.41% ▲ 0.19 pts · high 6.41% / low 6.22%
DetailsFirst Time Homebuyer Mortgage Loans; Fully Indexed Rate: 7.250%; 60 payments before first adjustment; CAP Structure 2%/6%; ARM margin 2.75%; ARM index 4.44; APR subject to change at each adjustment; PMI required if down payment is less than 20%
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.42% → 6.51% ▲ 0.10 pts · high 6.51% / low 6.42%
Nov 6, 20266.51%▲ from 6.42%
Oct 21, 20266.42%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
10/1-Year Adjustable-Rate (30-Year Term) Loan
6.00%
0.000
6.562%
30-Year
DetailsAdjustable-Rate Mortgages With 0 Points; Fully Indexed Rate: 7.250%; Rates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.40% → 6.56% ▲ 0.16 pts · high 6.56% / low 6.40%
Nov 6, 20266.56%▲ from 6.40%
Oct 21, 20266.40%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 10-Year Fixed-Rate
6.25%
0
6.581%
10 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.33% → 6.58% ▲ 0.25 pts · high 6.58% / low 6.33%
Nov 6, 20266.58%▲ from 6.33%
Oct 21, 20266.33%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
5/1-Year Adjustable-Rate (30-Year Term) Loan
5.50%
0.000
6.691%
30-Year
DetailsAdjustable-Rate Mortgages With 0 Points; Fully Indexed Rate: 7.250%; Rates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.59% → 6.69% ▲ 0.10 pts · high 6.69% / low 6.59%
Nov 6, 20266.69%▲ from 6.59%
Oct 21, 20266.59%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Jumbo Fixed Mortgage - 15-Year Fixed-Rate
6.625%
-
6.693%
15 years
DetailsJumbo loans over $832,751; 0 points; 20% down payment assumed; Schedule an Appointment
Last Updated11/06/2026
Rate History
No change since Nov 6, 2026 · 6.69% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 15-Year Fixed-Rate
6.50%
0
6.738%
15 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.49% → 6.74% ▲ 0.25 pts · high 6.74% / low 6.49%
Nov 6, 20266.74%▲ from 6.49%
Oct 21, 20266.49%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
7/1-Year Adjustable-Rate (30-Year Term) Loan
6.00%
0.000
6.742%
30-Year
DetailsAdjustable-Rate Mortgages With 0 Points; Fully Indexed Rate: 7.250%; Rates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.49% → 6.74% ▲ 0.26 pts · high 6.74% / low 6.49%
Nov 6, 20266.74%▲ from 6.49%
Oct 21, 20266.49%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 15-Year Fixed-Rate
6.375%
1
6.774%
15 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.52% → 6.77% ▲ 0.25 pts · high 6.77% / low 6.52%
Nov 6, 20266.77%▲ from 6.52%
Oct 21, 20266.52%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 15-Year Fixed-Rate
6.25%
2
6.811%
15 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.56% → 6.81% ▲ 0.26 pts · high 6.81% / low 6.56%
Nov 6, 20266.81%▲ from 6.56%
Oct 21, 20266.56%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
FTHB - 30-Year Fixed Rate
6.75%
-
6.813%
30 years
DetailsFirst Time Homebuyer Mortgage Loans; Fully Indexed Rate: N/A; 3% down on owner-occupied 1-unit homes, 5% on 2-unit; PMI required if down payment is less than 20%; APR assumes $100,000 mortgage and 20% down
Last Updated11/06/2026
Rate History
2 changes since Sep 15, 2026 · 6.06% → 6.81% ▲ 0.75 pts · high 6.81% / low 6.06%
Nov 6, 20266.81%▲ from 6.56%
Oct 7, 20266.56%▲ from 6.06%
Sep 15, 20266.06%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Jumbo Fixed Mortgage - 20-Year Fixed-Rate
6.875%
-
6.931%
20 years
DetailsJumbo loans over $832,751; 0 points; 20% down payment assumed; Schedule an Appointment
Last Updated11/06/2026
Rate History
No change since Nov 6, 2026 · 6.93% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 20-Year Fixed-Rate
6.75%
0
6.943%
20 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.69% → 6.94% ▲ 0.25 pts · high 6.94% / low 6.69%
Nov 6, 20266.94%▲ from 6.69%
Oct 21, 20266.69%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 20-Year Fixed-Rate
6.625%
1
6.948%
20 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.69% → 6.95% ▲ 0.26 pts · high 6.95% / low 6.69%
Nov 6, 20266.95%▲ from 6.69%
Oct 21, 20266.69%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 20-Year Fixed-Rate
6.50%
2
6.953%
20 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.70% → 6.95% ▲ 0.26 pts · high 6.95% / low 6.70%
Nov 6, 20266.95%▲ from 6.70%
Oct 21, 20266.70%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 30-Year Fixed-Rate
6.625%
2
6.973%
30 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.59% → 6.97% ▲ 0.38 pts · high 6.97% / low 6.59%
Nov 6, 20266.97%▲ from 6.59%
Oct 21, 20266.59%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 30-Year Fixed-Rate
6.75%
1
6.998%
30 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.62% → 7.00% ▲ 0.38 pts · high 7.00% / low 6.62%
Nov 6, 20267.00%▲ from 6.62%
Oct 21, 20266.62%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Fixed Rate Mortgage Loans - 30-Year Fixed-Rate
6.875%
0
7.024%
30 years
DetailsRates as of 11/05/2026
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 6.64% → 7.02% ▲ 0.38 pts · high 7.02% / low 6.64%
Nov 6, 20267.02%▲ from 6.64%
Oct 21, 20266.64%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Jumbo Fixed Mortgage - 30-Year Fixed-Rate
7.00%
-
7.044%
30 years
DetailsJumbo loans over $832,751; 0 points; 20% down payment assumed; Schedule an Appointment
Last Updated11/06/2026
Rate History
No change since Nov 6, 2026 · 7.04% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
USDA Rural Development Mortgage Loan (30-Year Term)
7.25%
-
7.413%
30-Year
DetailsSpecial Program Mortgage Loan; APR assumes $100,000 mortgage and 20% down payment; may have additional qualification requirements (e.g., First Time Homebuyer only, income cap, down payment requirements or property type); USDA Guarantee Fee of 1.00% for purchase and refinance transactions; no financing for condominiums
Last Updated11/06/2026
Rate History
5 changes since Sep 15, 2026 · 7.41% → 7.41% ▼ 0.00 pts · high 8.05% / low 7.41%
Nov 6, 20267.41%▼ from 7.54%
Oct 21, 20267.54%▼ from 8.05%
Oct 7, 20268.05%▲ from 7.92%
Oct 1, 20267.92%▲ from 7.54%
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Construction Mortgage Loan - 15-Year Fixed-Rate
7.00%
0.000
7.424%
15 years
DetailsConstruction Mortgage Loans With 0 Points; APR assumes $100,000 mortgage, 20% down payment; Maximum loan to value (LTV) <80%
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 7.17% → 7.42% ▲ 0.25 pts · high 7.42% / low 7.17%
Nov 6, 20267.42%▲ from 7.17%
Oct 21, 20267.17%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Construction Mortgage Loan - 20-Year Fixed-Rate
7.25%
0.000
7.595%
20 years
DetailsConstruction Mortgage Loans With 0 Points; APR assumes $100,000 mortgage, 20% down payment; Maximum loan to value (LTV) <80%
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 7.34% → 7.60% ▲ 0.25 pts · high 7.60% / low 7.34%
Nov 6, 20267.60%▲ from 7.34%
Oct 21, 20267.34%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Construction Mortgage Loan - 30-Year Fixed-Rate
7.375%
0.000
7.643%
30 years
DetailsConstruction Mortgage Loans With 0 Points; APR assumes $100,000 mortgage, 20% down payment; Maximum loan to value (LTV) <80%
Last Updated11/06/2026
Rate History
1 change since Oct 21, 2026 · 7.26% → 7.64% ▲ 0.38 pts · high 7.64% / low 7.26%
Nov 6, 20267.64%▲ from 7.26%
Oct 21, 20267.26%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Land Mortgage Loans - 1-Year Adjustable-Rate (10-Year Term)
7.50%
-
8.441%
10-Year
DetailsMargin of 3.75%; Fully Indexed Rate: 8.250%; Monthly P&I per $1,000: $11.87 (12 payments), then $12.23 (108 payments) after first adjustment; Land must be a legal building lot; 30% down payment assumed; CAP Structure: Initial Adjustment/Lifetime Adjustment - 2%/6%
Last Updated11/06/2026
Rate History
No change since Nov 6, 2026 · 8.44% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Florence Bank Home Equity & HELOC
Product
Rate
Points
APR
Term
View More
Fixed Home Equity Loan - 5 Year
-
-
6.25%
5 years
DetailsRates as of 10/21/2026; Minimum loan amount $20,000; Maximum loan 80% of appraisal value
Last Updated11/06/2026
Rate History
No change since Oct 21, 2026 · 6.25% APR · checked 4 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Florence Bank Other Rates
Product
Rate
Points
APY/APR
Term
View More
Home Possible (30-Year Term) Loan
7.25%
-
7.404%
30-Year
DetailsSpecial Program Mortgage Loan; APR assumes $100,000 mortgage and 20% down payment; may have additional qualification requirements (e.g., First Time Homebuyer only, income cap, down payment requirements or property type); PMI required for down payments less than 20%; no financing for condominiums
Last Updated11/06/2026
Rate History
6 changes since Sep 15, 2026 · 7.40% → 7.40% ▼ 0.00 pts · high 8.04% / low 7.40%
Nov 6, 20267.40%▼ from 7.53%
Oct 26, 20267.53%▼ from 7.67%
Oct 21, 20267.67%▼ from 8.04%
Oct 7, 20268.04%▲ from 7.91%
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
EZ $ave
0.05%
-
0.05%
Min Deposit$10
Min Balance$10
DetailsA Personal Checking Account is required to open the EZ $ave Deposit Account; Fees may reduce earnings on these accounts
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.05% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Security Deposit Account
0.05%
-
0.05%
Min Deposit$10
Min Balance$10
DetailsFees may reduce earnings on these accounts
Last Updated11/06/2026
Rate History
No change since Sep 24, 2026 · 0.05% APY · checked 10 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.70%
Financial Health History
Florence Bank’s Texas Ratio fell from 4.08% in Q3 2023 to 2.70% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this bank’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade
How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.
Show the quarterly figures
Quarter
Total assets
Texas Ratio
Star Rating
Health Grade
June 30, 2026
$2.0B
2.70%
5.0
A+
March 31, 2026
$2.0B
2.88%
5.0
A+
December 31, 2025
$2.0B
1.26%
5.0
A+
September 30, 2025
$2.0B
1.52%
5.0
A+
June 30, 2025
$1.9B
1.27%
5.0
A+
March 31, 2025
$2.0B
1.89%
5.0
A+
December 31, 2024
$2.0B
1.94%
5.0
A+
September 30, 2024
$2.1B
1.57%
5.0
A+
June 30, 2024
$2.1B
1.50%
5.0
A+
March 31, 2024
$2.1B
2.06%
5.0
A+
December 31, 2023
$1.9B
2.11%
5.0
A+
September 30, 2023
$1.9B
4.08%
5.0
A+
Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data Sources
MonitorBankRates Star Rating:
Our rating for Florence Bank is derived from comprehensive financial data published quarterly by the FDIC.
Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.
Texas Ratio:
We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation:
We gather Florence Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Florence Bank's official website for the most current offers and terms.
Address
85 Main St,
Florence, MA 01062 · Hampshire
Bank Holding CompanyFLORENCE BCORP MHC
FDIC Certificate #23293
RegulatorFDIC
EstablishedFebruary 14, 1873
FDIC Insurance DateJanuary 2, 1981
Domestic Offices13
Total Branches14
FDIC Insured✓ Yes, up to $250,000 per depositor
Financials
MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
2.70%
National Average Texas Ratio
5.85%
Return on Assets (ROA)
0.7211%
Return on Equity (ROE)
6.8300%
Non-Performing Loans Ratio (NPL)
0.29%
Total Assets
$2,014,204,000
Total Deposits
$1,785,228,000
Equity Capital
$216,389,000
Net Income
$7,259,000
Headquarters
Florence
Total Branches and Offices
13
Source: FDIC — Last Updated June 30, 2026
2026 MBR Health & Safety Badge
Florence Bank earned the Verified Healthy badge
Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.
Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter, and this profile page always shows the latest results, so the code never needs to change.
Want to discuss Florence Bank with other members?
Visit our Community Reviews hub to see all reviews, ask questions, and join the conversation.
Average Rating
★★★★★
Total Reviews
1
Add Your Rating and Review for Florence Bank
Frequently Asked Questions About Florence Bank
Does Florence Bank offer CDs?
Yes. Florence Bank current CD rates include its 14-Month CD at 3.90% APY, its 9-Month CD at 3.75% APY and its 5-Month CD at 3.30% APY, verified by MonitorBankRates as of November 6, 2026.
Are CDs from Florence Bank FDIC insured?
Yes. Florence Bank is insured by the Federal Deposit Insurance Corporation (FDIC), so CDs opened there are insured up to $250,000 per depositor, per ownership category.
What is the highest CD rate at Florence Bank?
The highest Florence Bank CD rate is its 14-Month CD at 3.90% APY, verified by MonitorBankRates as of November 6, 2026.
What CD terms does Florence Bank offer?
Florence Bank CD rates are 3.30% APY for a 5 month CD, 3.75% APY for a 9 month CD, 1.50% APY for a 12 month CD, 3.90% APY for a 14 month CD, 3.10% APY for a 16 month CD, 0.15% APY for an 18 month CD, 2.15% APY for a 2 year CD, 3.00% APY for a 3 year CD, 3.00% APY for a 4 year CD and 3.00% APY for a 5 year CD, verified by MonitorBankRates as of November 6, 2026. The institution may offer other terms or specials that are not listed here, so check with Florence Bank for its full lineup.
What is the highest savings rate at Florence Bank?
The highest Florence Bank savings rate is its High-Yield Savings Qualifying Rate at 3.30% APY, verified by MonitorBankRates as of November 6, 2026.
What is the highest money market rate at Florence Bank?
The highest Florence Bank money market rate is its Business Money Market at 0.40% APY, verified by MonitorBankRates as of November 6, 2026.
What is the highest checking rate at Florence Bank?
The highest Florence Bank checking rate is its Rewards Checking at 0.25% APY, verified by MonitorBankRates as of November 6, 2026.
What is the lowest 30 year fixed mortgage rate at Florence Bank?
The lowest Florence Bank 30 year fixed mortgage rate is its Welcome Home - 30-Year Fixed Rate at 6.25%, verified by MonitorBankRates as of November 6, 2026. Florence Bank mortgage rates are 6.25% for a 30 year mortgage, 6.50% for a 20 year mortgage, 6.25% for a 15 year mortgage, 6.25% for a 10 year mortgage and 5.25% for a 1 year mortgage.
How many branches does Florence Bank operate?
Florence Bank currently maintains approximately 14 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.
Is there a first-time homebuyer program?
Currently, Florence Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.
Are credit management and repair services offered?
While formal credit repair services are not currently listed, Florence Bank provides members with tools to manage their accounts and build a solid financial history.
Does Florence Bank offer online and mobile banking?
Most modern institutions like Florence Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.florencebank.com.
Are all CD rates listed on MonitorBankRates federally insured?
Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.
I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?
You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Confirm the current rate and terms with the institution before you deposit.
If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?
Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.
Why are some CD offers not available for me to open?
Some offers are limited to certain states or local areas, require membership or an existing account, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.
How do Florence Bank rates compare?
Florence Bank's top CD rate of 3.90% APY on a 14 month CD is 30% higher than the MonitorBankRates national average of 3.00% APY for that term, and it has an A+ health rating. Florence Bank's top rates are its 14-Month CD at 3.90% APY, its High-Yield Savings Qualifying Rate at 3.30% APY, its Business Money Market at 0.40% APY, its Rewards Checking at 0.25% APY and its Welcome Home- 10/1-Year Adjustable Rate (30-Year Term) Loan at 5.25%, verified by MonitorBankRates on November 6, 2026.
Current Florence Bank Rates
12-Month CD1.50%
18-Month CD0.15%
24-Month CD2.15%
36-Month CD3.00%
48-Month CD3.00%
60-Month CD3.00%
Savings3.30%
MMA0.40%
Retrieved from our database of financial products. Rates subject to change.
Brian McKay
