Dedham Savings

55 Elm Street
Dedham , MA 02026
781.329.6700
www.dedhamsavings.com

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Dedham Savings is headquartered in Dedham and is the 26^th largest bank in the state of Massachusetts. It is also the 622^nd largest bank in the nation. It was established in 1831 and as of September of 2011, it had grown to 188 employees at 13 locations. Dedham Savings has a 4-star health rating.

3.04% Reward Checking Account at a Massachusetts Bank (Dedham Savings) - 11/26/2007

Update 10/24/09: The top rate fell to 3.04% APY. Please refer to bottom of post for the rate history.Dedham Savings has recently started a reward checking account that pays 3.04% APY on balances up to $25K (0.50% for over) and refunds ATM fees (up to $25...

5.38% 15-Month CD at a Massachusetts Bank (Dedham Savings) - 4/25/2007

Dedham Savings is offering two special CDs. The most competitive is the 5.38% APY 15-month certificate. The other is a 5.00% APY 9-month CD. The minimum deposit is $1,000 for a regular CD and $100 for an IRA CD.Branches are located in the Boston suburbs...

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

Dedham Savings Checking Account Rates

Apy	Min	Max	Product
1.51%	-	$25k	Reward Checking
0.20%	$3k	-	Check Plus Checking
0.05%	-	-	NOW Checking

Dedham Savings Savings Account Rates

Apy	Min	Max	Product
0.25%	$50k	-	Personal Great Rate Savings
0.20%	$10k	-	A - Plus
0.10%	-	-	Club Account
0.10%	-	-	Savings Account

Dedham Savings Money Market Rates

Apy	Min	Max	Product
0.25%	$50k	-	Non-Personal Money Market
0.15%	$1k	-	Money Market

Dedham Savings CD Rates

Apy	Min	Max	Product
1.66%	$1k	-	60 Month CD
1.31%	$1k	-	48 Month CD
1.21%	$1k	-	36 Month CD
1.00%	$1k	-	30 Month Non-Passbook CD
0.90%	$1k	-	24 Month CD
0.80%	$1k	-	18 Month Non-Passbook CD
0.70%	$1k	-	9 Month Non-Passbook CD
0.60%	$1k	-	12 Month CD
0.35%	$1k	-	182 Day CD
0.25%	$1k	-	91 Day CD

Dedham Savings IRA Rates

Apy	Min	Max	Product
1.66%	$100	-	60 Month IRA
1.66%	$100	-	60 Month Roth IRA
1.66%	$100	-	60 Month CESA
1.31%	$100	-	48 Month IRA
1.31%	$100	-	48 Month Roth IRA
1.31%	$100	-	48 Month CESA
1.21%	$100	-	36 Month IRA
1.21%	$100	-	36 Month Roth IRA
1.21%	$100	-	36 Month CESA
1.00%	$100	-	30 Month Non-Passbook IRA
1.00%	$100	-	30 Month Non-Passbook Roth IRA
1.00%	$100	-	30 Month Non-Passbook CESA
0.90%	$100	-	24 Month IRA
0.90%	$100	-	24 Month Roth IRA
0.90%	$100	-	24 Month CESA
0.80%	$100	-	18 Month Non-Passbook IRA
0.80%	$100	-	18 Month Non-Passbook Roth IRA
0.80%	$100	-	18 Month Non-Passbook CESA
0.70%	$100	-	9 Month Non-Passbook CESA
0.70%	$100	-	9 Month Non-Passbook IRA
0.70%	$100	-	9 Month Non-Passbook Roth IRA
0.60%	$100	-	12 Month IRA
0.60%	$100	-	12 Month Roth IRA
0.60%	$100	-	12 Month CESA
0.35%	$100	-	182 Day IRA
0.35%	$100	-	182 Day Roth IRA
0.35%	$100	-	182 Day CESA
0.25%	$100	-	91 Day IRA
0.25%	$100	-	91 Day Roth IRA
0.25%	$100	-	91 Day CESA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Dedham Institution for Savings
FDIC Certificate #	23620
BankRate Report	View
Year Established	1831
Employees	188
Primary Regulator	FDIC
Assets and Liabilities
Assets	$1.07 billion
Loans	$735.56 million
Deposits	$929.41 million
Equity Capital	$105.30 million
Loan Loss Allowance	$6.66 million
Unbacked Noncurrent Loans	$14.24 million
Real Estate Owned	$822,000
Historic Data - September 2010
Assets	$1.06 billion
Equity Capital	$102.11 million
Loan Loss Allowance	$5.70 million
Unbacked Noncurrent Loans	$16.48 million
Real Estate Owned	$813,000
Profit Margin - Quarterly
Net Interest Margin	2.96%
Return on Assets	0.47%
Return on Equity	4.77%
Interest Income	$30.80 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 September 30, 2011 Dedham Savings had $15.06 million in non-current loans and owned real-estate with $111.96 million in equity and loan loss allowances on hand to cover it. This gives Dedham Savings a Texas Ratio of 13.45% 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 Dedham Savings decreased slightly from 16.17% as of September 30, 2010 to 13.45% as of September 30, 2011, resulting in a positive change of 16.80%.This indicates that the balance sheet and financial strength for Dedham Savings has improved slightly in recent periods.
Deposit Growth
In the past year, Dedham Savings has increased its total deposits by $28.24 million, resulting in 3.13% 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 Dedham Savings 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. Dedham Savings has $1.07 billion in assets with $111.96 million in equity, resulting in a capitalization level of 10.42%, which is above average.

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Dedham Savings

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