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Overview / Commentary
95 North Franklin Street
Holbrook, MA 02343

Holbrook Co-operative Bank is headquartered in Holbrook and is the 138th largest bank in the state of Massachusetts. It is also the 4,980th largest bank in the nation. It was established in 1888 and as of December of 2013, it had grown to 17 employees at 1 location. Holbrook Co-operative Bank has a C+ health rating.

Reviews (1)

Do Not Bank Here!!

The management team at HCB are arrogant, rude, and unqualified for their jobs. I am a former long-time commercial customer with a good history, and was essentially forced to move my accounts elsewhere when I couldn't get any of the management to return my phone calls or emails. I was passed around from person to person, and when I finally spoke with a VP, I was basically told that we weren't his problem, and that our lender would call me back. Still waiting for that call...

Stay far, far away! Guaranteed this place is out of business in a few years.


Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Holbrook Co-operative Bank has a relatively low asset base.

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 December 31, 2013 Holbrook Co-operative Bank had $2.55 million in non-current loans and owned real-estate with $9.35 million in equity and loan loss allowances on hand to cover it. This gives Holbrook Co-operative Bank a Texas Ratio of 27.29% 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 Holbrook Co-operative Bank decreased slightly from 37.80% as of December 31, 2012 to 27.29% as of December 31, 2013, resulting in a positive change of 27.81%.This indicates that the balance sheet and financial strength for Holbrook Co-operative Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Holbrook Co-operative Bank has decreased its total deposits by -$4.01 million, resulting in -4.69% 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 Holbrook Co-operative Bank has shown is below average.



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. Holbrook Co-operative Bank has $90.27 million in assets with $9.35 million in equity, resulting in a capitalization level of 10.36%, which is above average.

Institution Statistics

FDIC Certificate #26600
Year Established1888
Primary RegulatorFDIC
Assets and Liabilities
Assets$90.27 million
Loans$66.09 million
Deposits$81.54 million
Equity Capital$8.42 million
Loan Loss Allowance$934,000
Unbacked Noncurrent Loans$927,000
Real Estate Owned$1.63 million
Historic Data - December 2012
Assets$94.39 million
Equity Capital$8.49 million
Loan Loss Allowance$1.21 million
Unbacked Noncurrent Loans$927,000
Real Estate Owned$1.93 million
Profit Margin - Quarterly
Net Interest Margin3.82%
Return on Assets0.26%
Return on Equity2.84%
Interest Income$3.51 million

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Holbrook Co-operative Bank Savings Account Rates

0.10%$10k-Statement Savings Account
0.10%$10k-Passbook Savings Account

Holbrook Co-operative Bank Money Market Rates

0.40%$500k-Money Market Account
0.40%$500k-Money Market IRA

Holbrook Co-operative Bank Checking Account Rates

0.05%$10k-Classic Freedom Checking Account
0.05%$10k-NOW Account
0.05%$10k-NOW Exempt 18 Account
0.05%$10k-NOW Exempt 65 Account

Holbrook Co-operative Bank CD Rates

1.00%$1k-48 Month CD
0.75%$1k-36 Month CD
0.65%$1k-24 Month CD
0.65%$1k-30 Month CD
0.45%$1k-18 Month CD
0.35%$1k-12 Month CD
0.35%$1k-9 Month CD
0.25%$1k-6 Month CD
0.15%$1k-3 Month CD

Holbrook Co-operative Bank IRA Rates

1.00%$500-48 Month IRA
0.75%$500-36 Month IRA
0.65%$500-24 Month IRA
0.65%$500-30 Month IRA
0.45%$500-18 Month IRA
0.35%$500-12 Month IRA
0.35%$500-9 Month IRA
0.25%$500-6 Month IRA
0.15%$500-3 Month IRA

Holbrook Co-operative Bank Locations
Holbrook Co-Operative Bank95 North Franklin StreetHolbrook, MA 2343