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The Andover Bank Rates & Review October 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: October 4, 2026
The Andover Bank's top rates as of October 4, 2026 are 3.85% APY on its 18-Month CD, 0.02% APY on savings, 0.03% APY on money market accounts, and 6.75% on its 15 Year Fixed Rate Mortgage, according to rates verified by MonitorBankRates. Other The Andover Bank CD rates include 18-Month IRA at 3.85%, 14-Month CD at 3.70%, and 14-Month IRA at 3.70%. Other The Andover Bank mortgage rates include 20 Year Fixed Rate Mortgage at 7.25%, and 30 Year Fixed Rate Mortgage at 7.375%. MonitorBankRates evaluates the financial stability of The Andover Bank with a 4.5 Star Rating, an A Overall Health Grade, and a Texas Ratio of 1.91%. Rates last updated and verified on 10/04/2026.
The Andover 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 The Andover Bank? Share your experience about The Andover Bank by leaving a review below, or read customer reviews before you decide to use The Andover Bank.
Overall Health & Safety Grade
?
A
Excellent HealthScore: 94/100
Overall Health & Safety Grade
The Andover Bank has earned an overall safety grade of A (Excellent, Score: 94/100).
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
?
4.5
ExcellentOut of 5.0 Stars
MonitorBankRates Star Rating
The Andover Bank has earned a Star Rating of 4.5 out of 5 stars (Excellent).
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
?
1.91%
ExcellentLower than avg
The Andover Bank Texas Ratio
The Andover Bank's Texas Ratio is 1.91%, which is considered excellent and is lower than the national average of 5.85%.
The Andover 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.
1.03% to 1.91% over 12 quarters, very strongFull history
Star Rating 1.0 to 4.5, Health Grade F to A
The Texas Ratio for this bank has stayed 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.
The Andover Bank CD Rates
Product
Rate
APY
Term
View More
18 Month CD
3.80%
3.85%
18 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 3.50% → 3.85% ▲ 0.35 pts · high 3.85% / low 3.50%
Oct 4, 20263.85%▲ from 3.50%
Sep 20, 20263.50%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
18 Month IRA
3.80%
3.85%
18 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 3.50% → 3.85% ▲ 0.35 pts · high 3.85% / low 3.50%
Oct 4, 20263.85%▲ from 3.50%
Sep 20, 20263.50%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
14 Month CD
3.65%
3.70%
14 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 0.25% → 3.70% ▲ 3.45 pts · high 3.70% / low 0.25%
Oct 4, 20263.70%▲ from 0.25%
Sep 20, 20260.25%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
14 Month IRA
3.65%
3.70%
14 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Oct 4, 2026 · 3.70% APY
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
91 Day CD
3.60%
3.65%
91 Day
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 3.65% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
36 Month CD
3.45%
3.50%
36 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 3.50% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
56 Month CD
3.21%
3.25%
56 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 3.25% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
12 Month CD
2.97%
3.00%
12 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 3.55% → 3.00% ▼ 0.55 pts · high 3.55% / low 3.00%
Oct 4, 20263.00%▼ from 3.55%
Sep 20, 20263.55%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
12 Month IRA
2.97%
3.00%
12 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 3.55% → 3.00% ▼ 0.55 pts · high 3.55% / low 3.00%
Oct 4, 20263.00%▼ from 3.55%
Sep 20, 20263.55%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
5 Month CD
2.97%
3.00%
5 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 3.50% → 3.00% ▼ 0.50 pts · high 3.50% / low 3.00%
Oct 4, 20263.00%▼ from 3.50%
Sep 20, 20263.50%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
11 Month CD
0.50%
0.50%
11 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 1.00% → 0.50% ▼ 0.50 pts · high 1.00% / low 0.50%
Oct 4, 20260.50%▼ from 1.00%
Sep 20, 20261.00%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
30 Month CD
0.50%
0.50%
30 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 1.00% → 0.50% ▼ 0.50 pts · high 1.00% / low 0.50%
Oct 4, 20260.50%▼ from 1.00%
Sep 20, 20261.00%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
30 Month Fixed IRA
0.50%
0.50%
30 Month
DetailsNotes:
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 1.00% → 0.50% ▼ 0.50 pts · high 1.00% / low 0.50%
Oct 4, 20260.50%▼ from 1.00%
Sep 20, 20261.00%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
6 Month CD
0.50%
0.50%
6 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 1.00% → 0.50% ▼ 0.50 pts · high 1.00% / low 0.50%
Oct 4, 20260.50%▼ from 1.00%
Sep 20, 20261.00%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
9 Month CD
0.50%
0.50%
9 Month
No additional details.
Last Updated10/04/2026
Rate History
1 change since Sep 20, 2026 · 1.00% → 0.50% ▼ 0.50 pts · high 1.00% / low 0.50%
Oct 4, 20260.50%▼ from 1.00%
Sep 20, 20261.00%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
10 Month CD
0.25%
0.25%
10 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.25% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
13 Month CD
0.25%
0.25%
13 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.25% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
24 Month CD
0.25%
0.25%
24 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.25% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
48 Month CD
0.25%
0.25%
48 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.25% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
60 Month CD
0.25%
0.25%
60 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.25% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
60 Month Fixed IRA
0.25%
0.25%
60 Month
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.25% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
30 Day CD
0.05%
0.05%
30 Day
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.05% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
The Andover Bank Savings Rates
Product
Rate
APY
View More
Companion Savings
2.05%
2.07%
Min Balance$2,500
DetailsQualifications Required: 12 debit card transactions over $10.00 posted to account; With 12 debit card transactions over $10.00 posted to account; 0.05% if qualifications not met
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 2.07% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Companion Savings
1.05%
1.05%
Min Balance$10,000
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 1.05% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Health Savings Account
0.10%
0.10%
Min Balance$10,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.10% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Health Savings Account
0.05%
0.05%
Min Balance$5,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.05% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Christmas Club
0.03%
0.03%
DetailsCompounds quarterly
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.03% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Companion Savings
0.03%
0.03%
Min Balance$0
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.03% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Health Savings Account
0.03%
0.03%
Min Balance$1,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.03% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Statement Savings
0.03%
0.03%
DetailsCompounds quarterly
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.03% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Health Savings Account
0.02%
0.02%
Min Balance$0
DetailsCompounds monthly
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.02% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
The Andover Bank Business Savings Rates
Product
Rate
APY
View More
Business Statement Savings
0.03%
0.03%
DetailsCompounds quarterly
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.03% APY · checked 2 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
The Andover Bank Money Market Rates
Product
Rate
APY
View More
Money Market Plus
2.00%
2.02%
Min Balance$50,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 2.02% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Money Market Plus
1.25%
1.26%
Min Balance$250,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 1.26% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Money Market Plus
1.00%
1.00%
Min Balance$10,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 1.00% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Money Market Plus
1.00%
1.00%
Min Balance$1,000,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 1.00% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Preferred Money Market Account
0.20%
0.20%
Min Balance$100,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.20% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Preferred Money Market Account
0.15%
0.15%
Min Balance$50,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.15% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Money Market Plus
0.10%
0.10%
Min Balance$0
DetailsCompounds Monthly
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.10% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Preferred Money Market Account
0.10%
0.10%
Min Balance$25,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.10% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Preferred Money Market Account
0.05%
0.05%
Min Balance$10,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.05% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Preferred Money Market Account
0.03%
0.03%
Min Balance$0
DetailsCompounds Monthly
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.03% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
The Andover Bank Business Money Market Rates
Product
Rate
APY
View More
Business Money Market
0.20%
0.20%
Min Balance$50,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.20% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Business Money Market
0.20%
0.20%
Min Balance$500,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.20% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Business Money Market
0.20%
0.20%
Min Balance$1,000,000
DetailsSee above
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.20% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Business Money Market
0.04%
0.04%
Min Balance$0
DetailsCompounds Monthly
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.04% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
The Andover Bank Checking Rates
Product
Rate
APY
View More
Affinity Checking
3.93%
4.00%
Min Balance$0
DetailsBalance: $0.01 - $10,000.00
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 4.00% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Affinity Checking
0.05%
0.05%
Min Balance$10,000
DetailsBalance: $10,000.01 and over
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.05% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Interest Checking
0.01%
0.01%
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.01% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Rewards Checking
0.01%
0.01%
No additional details.
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.01% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
The Andover Bank Business Checking Rates
Product
Rate
APY
View More
Commercial Interest Checking
0.01%
0.01%
Min Balance$10,000
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.01% APY · checked 2 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Commercial Interest Checking
0.01%
0.01%
Min Balance$25,000
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.01% APY · checked 2 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Commercial Interest Checking
0.01%
0.01%
Min Balance$50,000
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.01% APY · checked 2 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
The Andover Bank Mortgage Rates
Product
Rate
Points
APR
Term
View More
15 Year Fixed Rate Mortgage
6.75%
0.000%
6.909%
15 Year
No additional details.
Last Updated10/04/2026
Rate History
No change since Oct 1, 2026 · 6.91% APR · checked 2 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
20 Year Fixed Rate Mortgage
7.25%
0.000%
7.38%
20 Year
No additional details.
Last Updated10/04/2026
Rate History
1 change since Oct 1, 2026 · 7.51% → 7.38% ▼ 0.13 pts · high 7.51% / low 7.38%
Oct 4, 20267.38%▼ from 7.51%
Oct 1, 20267.51%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
30 Year Fixed Rate Mortgage
7.375%
0.000%
7.476%
30 Year
No additional details.
Last Updated10/04/2026
Rate History
1 change since Oct 1, 2026 · 7.60% → 7.48% ▼ 0.13 pts · high 7.60% / low 7.48%
Oct 4, 20267.48%▼ from 7.60%
Oct 1, 20267.60%first recorded
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
The Andover Bank Other Rates
Product
Rate
Points
APY/APR
Term
View More
91 Day IRA
3.60%
-
3.65%
91 Day
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 3.65% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Variable Rate IRA
0.02%
-
0.02%
Min Balance$0
DetailsBalance: *$.01
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.02% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Variable Rate IRA
0.03%
-
0.03%
Min Balance$1,000
DetailsBalance: *$1,000.00
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.03% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Variable Rate IRA
0.05%
-
0.05%
Min Balance$5,000
DetailsBalance: *$5,000.00
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.05% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Variable Rate IRA
0.10%
-
0.10%
Min Balance$10,000
DetailsBalance: *$10,000.00
Last Updated10/04/2026
Rate History
No change since Sep 20, 2026 · 0.10% APY · checked 3 times
Institution Ratings
4.5
Star Rating
A
Health Grade
◈ Texas Ratio: 1.91%
Financial Health History
The Andover Bank’s Texas Ratio rose from 1.03% in Q3 2023 to 1.91% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 1.0 to 4.5 and its Health Grade from F to A. 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
$595M
1.91%
4.5
A
March 31, 2026
$602M
1.38%
4.0
B+
December 31, 2025
$587M
1.07%
4.4
A
September 30, 2025
$587M
1.47%
3.8
B+
June 30, 2025
$575M
1.81%
3.1
C+
March 31, 2025
$567M
2.35%
2.9
C+
December 31, 2024
$566M
2.42%
2.5
C
September 30, 2024
$583M
1.86%
3.5
B
June 30, 2024
$558M
2.63%
2.4
C-
March 31, 2024
$554M
1.32%
2.6
C
December 31, 2023
$559M
0.61%
2.9
C+
September 30, 2023
$551M
1.03%
1.0
F
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 The Andover 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 The Andover 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 The Andover Bank's official website for the most current offers and terms.
Bank Profile & Overview
Institution NameThe Andover Bank
Bank Holding CompanyANDOVER BCORP INC
Address
19 Public Sq,
Andover, OH 44003 · Ashtabula
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Average Rating
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Total Reviews
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Frequently Asked Questions About The Andover Bank
How many branches does The Andover Bank operate?
The Andover Bank currently maintains approximately 10 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, The Andover 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, The Andover Bank provides members with tools to manage their accounts and build a solid financial history.
Does The Andover Bank offer online and mobile banking?
Most modern institutions like The Andover 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.andover.bank.
Current The Andover Bank Rates
12-Month CD0.25%
18-Month CD3.85%
24-Month CD0.25%
36-Month CD3.50%
48-Month CD0.25%
60-Month CD0.25%
Savings0.02%
MMA0.03%
Retrieved from our database of financial products. Rates subject to change.
Brian McKay
