Foxboro Federal Savings

Foxboro Federal Savings Locations
One Central St
Foxboro, MA 2035
1-800-523-5503
www.foxfed.com



Foxboro Federal Savings is headquartered in Foxboro and is the 132nd largest bank in the state of Massachusetts. It is also the 4,012st largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 24 employees at 3 locations. Foxboro Federal Savings has a 5-star health rating.

Foxboro Federal Savings Routing Number: 211372051



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

Foxboro Federal Savings Checking Account Rates

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0.15%$50-Business Interest Checking
0.15%$1,500-Wall Street Checking
0.05%$50-50+ Free Interest Checking
0.05%$50-VIP Free Interest Checking
0.00%--Completely Free Checking
0.00%--Business Completely Free Checking

Foxboro Federal Savings Savings Account Rates

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0.10%--Regular Savings
0.10%--Club Accounts

Foxboro Federal Savings Money Market Rates

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0.20%$1k-Money Market Account

Foxboro Federal Savings CD Rates

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1.50%$500-60 Month CD
1.40%$500-48 Month CD
1.15%$500-36 Month CD
0.85%$500-30 Month CD
0.80%$500-24 Month CD
0.60%$1k-18 Month Preferred CD
0.60%$500-18 Month Fixed CD
0.50%$1k-1 Year CD
0.40%$1k-6 Month CD
0.25%$1k-60-91 Day CD
0.20%$1k-7-59 Day CD

Rates updated: 5/25/2012

Data for Q1 2012


Institution Statistics


Foxboro Federal Savings
OTS #00544
FDIC Certificate #27918
BankRate ReportView
Year Established1889
Employees24
Primary RegulatorOCC

Assets and Liabilities

Assets$142.14 million
Loans$76.20 million
Deposits$119.72 million
Equity Capital$21.52 million
Loan Loss Allowance$1.01 million

Historic Data - March 2011

Assets$138.64 million
Equity Capital$20.57 million
Loan Loss Allowance$1.01 million

Profit Margin - Quarterly

Net Interest Margin2.64%
Return on Assets0.62%
Return on Equity4.1%
Interest Income$1.04 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Foxboro Federal Savings had $0 in non-current loans and owned real-estate with $22.53 million in equity and loan loss allowances on hand to cover it. This gives Foxboro Federal Savings a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth4
In the past year, Foxboro Federal Savings has increased its total deposits by $2.33 million, resulting in 1.98% 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 Foxboro Federal Savings has shown is above average.
Capitalization5
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. Foxboro Federal Savings has $142.14 million in assets with $22.53 million in equity, resulting in a capitalization level of 15.85%, which is excellent.
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