Charles River Bank

70 Main Street
Medway, MA 2053
508.533.8661
www.charlesriverbank.com

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Charles River Bank is headquartered in Medway and is the 117^st largest bank in the state of Massachusetts. It is also the 3,229^th largest bank in the nation. It was established in 1915 and as of March of 2012, it had grown to 43 employees at 4 locations. Charles River Bank has a 4-star health rating.

Charles River Bank Routing Number: 211373018

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See Rates for: Checking | Savings | Money Market | CD | IRA

Charles River Bank Checking Account Rates

Apy	Min	Max	Product
0.25%	-	-	Business Checking Account
0.05%	-	-	NOW Checking Account
0.05%	-	-	CRB Club Premier Account
0.05%	$500	-	CRB Club Choice Plus Account

Charles River Bank Savings Account Rates

Apy	Min	Max	Product
0.45%	$50k	-	Charles River Bank Fund Account
0.15%	-	-	Holiday Account
0.10%	-	-	Passbook Savings Account
0.10%	-	-	Statement Savings Account

Charles River Bank Money Market Rates

Apy	Min	Max	Product
0.50%	$200k	$500k	Commercial Money Market Account
0.40%	$100k	-	Consumer Money Market Account

Charles River Bank CD Rates

Apy	Min	Max	Product
1.55%	$1k	-	60 Month CD
1.35%	$1k	-	48 Month CD
1.25%	$1k	-	42 Month CD
0.95%	$1k	-	23 Month CD Special
0.75%	$1k	-	11 Month CD Special
0.73%	$1k	-	36 Month CD
0.50%	$1k	-	30 Month CD
0.45%	$1k	-	7 Month CD Special
0.40%	$1k	-	24 Month CD
0.35%	$1k	-	18 Month CD
0.30%	$1k	-	12 Month CD
0.15%	$1k	-	6 Month CD
0.10%	$1k	-	3 Month CD

Charles River Bank IRA Rates

Apy	Min	Max	Product
1.55%	$400	-	60 Month IRA CD
1.55%	$400	-	60 Month Roth IRA CD
1.55%	$400	-	60 Month Education IRA CD
1.35%	$400	-	48 Month IRA CD
1.35%	$400	-	48 Month Roth IRA CD
1.35%	$400	-	48 Month Education IRA CD
1.25%	$400	-	42 Month IRA CD
1.25%	$400	-	42 Month Roth IRA CD
1.25%	$400	-	42 Month Education IRA CD
0.95%	$1k	-	23 Month IRA CD Special
0.95%	$1k	-	23 Month Roth IRA CD Special
0.95%	$1k	-	23 Month Education IRA CD Special
0.75%	$400	-	11 Month IRA CD Special
0.75%	$400	-	11 Month Roth IRA CD Special
0.75%	$400	-	11 Month Education IRA CD Special
0.73%	$400	-	36 Month IRA CD
0.73%	$400	-	36 Month Roth IRA CD
0.73%	$400	-	36 Month Education IRA CD
0.50%	$400	-	30 Month IRA CD
0.50%	$400	-	30 Month Roth IRA CD
0.50%	$400	-	30 Month Education IRA CD
0.45%	$400	-	7 Month IRA CD Special
0.45%	$400	-	7 Month Roth IRA CD Special
0.45%	$400	-	7 Month Education IRA CD Special
0.40%	$400	-	24 Month IRA CD
0.40%	$400	-	24 Month Roth IRA CD
0.40%	$400	-	24 Month Education IRA CD
0.35%	$400	-	18 Month IRA CD
0.35%	$400	-	18 Month Add On IRA CD
0.35%	$400	-	18 Month Add On Roth IRA CD
0.35%	$400	-	18 Month Roth IRA CD
0.35%	$400	-	18 Month Add On Education IRA CD
0.35%	$400	-	18 Month Education IRA CD
0.30%	$400	-	12 Month IRA CD
0.30%	$400	-	12 Month Roth IRA CD
0.30%	$400	-	12 Month Education IRA CD
0.15%	$400	-	6 Month IRA CD
0.15%	$400	-	6 Month Roth IRA CD
0.15%	$400	-	6 Month Education IRA CD

Rates updated: 5/23/2012

Data for Q1 2012

Institution Statistics

Charles River Bank
FDIC Certificate #	26602
BankRate Report	View
Year Established	1915
Employees	43
Primary Regulator	FED
Assets and Liabilities
Assets	$192.07 million
Loans	$114.85 million
Deposits	$162.95 million
Equity Capital	$17.26 million
Loan Loss Allowance	$955,000
Unbacked Noncurrent Loans	$1.53 million
Historic Data - March 2011
Assets	$182.59 million
Equity Capital	$15.43 million
Loan Loss Allowance	$895,000
Unbacked Noncurrent Loans	$1.86 million
Profit Margin - Quarterly
Net Interest Margin	3.3%
Return on Assets	0.8%
Return on Equity	8.79%
Interest Income	$1.80 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Charles River Bank had $1.53 million in non-current loans and owned real-estate with $18.21 million in equity and loan loss allowances on hand to cover it. This gives Charles River Bank a Texas Ratio of 8.40% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Charles River Bank decreased slightly from 11.42% as of March 31, 2011 to 8.40% as of March 31, 2012, resulting in a positive change of 26.42%.This indicates that the balance sheet and financial strength for Charles River Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Charles River Bank has increased its total deposits by $6.22 million, resulting in 3.97% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Charles River Bank has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Charles River Bank has $192.07 million in assets with $18.21 million in equity, resulting in a capitalization level of 9.48%, which is average.

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