Family Federal Savings and Loan Association

Family Federal Savings and Loan Association Locations

130 Whalon Street
Fitchburg, MA 1420
1-(800)439-3339
www.familyfederal.com

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Family Federal Savings and Loan Association is headquartered in Fitchburg and is the 140^th largest bank in the state of Massachusetts. It is also the 4,953^rd largest bank in the nation. It was established in 1877 and as of March of 2012, it had grown to 20 employees at 3 locations. Family Federal Savings and Loan Association has a 4-star health rating.

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

Family Federal Savings and Loan Association Checking Account Rates

Apy	Min	Max	Product
0.10%	-	-	i- Checking Account
0.05%	-	-	Gold Checking Account

Family Federal Savings and Loan Association Savings Account Rates

Apy	Min	Max	Product
0.75%	$75k	-	Family Advantage Plus Account
0.60%	$50k	-	Family Advantage Account
0.40%	$50k	-	i-Savings Account
0.25%	-	-	Basic Savings Account
0.25%	-	-	Club Account

Family Federal Savings and Loan Association Money Market Rates

	Apy	Min	Max	Product
	0.35%	-	-	Money Market Account

Family Federal Savings and Loan Association CD Rates

Apy	Min	Max	Product
1.75%	$1k	-	5 Year CD
1.50%	$1k	-	4 Year CD
1.35%	$1k	-	3 Year CD
1.10%	$5k	-	25 Month CD Special
1.00%	$1k	-	2 Year CD
1.00%	$500	-	13 Month Relationship CD Special
0.85%	$500	-	1 Year CD
0.85%	$500	-	18 Month CD
0.85%	$500	-	13 Month CD Special
0.75%	$500	-	9 Month Relationship CD Special
0.60%	$500	-	9 Month CD Special
0.40%	$1k	-	6 Month CD
0.30%	$500	-	3 Month CD

Family Federal Savings and Loan Association IRA Rates

Apy	Min	Max	Product
1.75%	$1k	-	5 Year IRA CD
1.75%	$1k	-	5 Year Roth IRA CD
1.50%	$1k	-	4 Year IRA CD
1.50%	$1k	-	4 Year Roth IRA CD
1.35%	$1k	-	3 Year IRA CD
1.35%	$1k	-	3 Year Roth IRA CD
1.00%	$1k	-	2 Year IRA CD
1.00%	$1k	-	2 Year Roth IRA CD
0.85%	$500	-	1 Year IRA CD
0.85%	$500	-	18 Month IRA CD
0.85%	$500	-	1 Year Roth IRA CD
0.85%	$500	-	18 Month Roth IRA CD
0.40%	$1k	-	6 Month IRA CD
0.40%	$1k	-	6 Month Roth IRA CD
0.30%	$500	-	3 Month IRA CD
0.30%	$500	-	3 Month Roth IRA CD

Rates updated: 5/15/2012

Data for Q1 2012

Institution Statistics

Family Federal Savings, F.A.
OTS #	04434
FDIC Certificate #	29962
BankRate Report	View
Year Established	1877
Employees	20
Primary Regulator	OCC
Assets and Liabilities
Assets	$99.49 million
Loans	$60.48 million
Deposits	$79.16 million
Equity Capital	$10.86 million
Loan Loss Allowance	$484,000
Unbacked Noncurrent Loans	$2.04 million
Historic Data - March 2011
Assets	$93.00 million
Equity Capital	$10.07 million
Loan Loss Allowance	$354,000
Unbacked Noncurrent Loans	$1.31 million
Profit Margin - Quarterly
Net Interest Margin	3.04%
Return on Assets	0.45%
Return on Equity	4.14%
Interest Income	$943,000

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 Family Federal Savings and Loan Association had $2.04 million in non-current loans and owned real-estate with $11.34 million in equity and loan loss allowances on hand to cover it. This gives Family Federal Savings and Loan Association a Texas Ratio of 17.95% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Family Federal Savings and Loan Association increased slightly from 12.60% as of March 31, 2011 to 17.95% as of March 31, 2012, resulting in a negative change of 42.43%. This indicates that the balance sheet and financial strength for Family Federal Savings and Loan Association has declined slightly in recent periods.
Deposit Growth
In the past year, Family Federal Savings and Loan Association has increased its total deposits by $10.88 million, resulting in 15.93% 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 Family Federal Savings and Loan Association has shown is excellent.
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. Family Federal Savings and Loan Association has $99.49 million in assets with $11.34 million in equity, resulting in a capitalization level of 11.40%, which is above average.