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Overview / Commentary
617-969-4300
307 Auburn Street
Auburndale, MA 02466

The Village Bank (MA) is headquartered in Auburndale and is the 39th largest bank in the state of Massachusetts. It is also the 874th largest bank in the nation. It was established in 1910 and as of December of 2013, it had grown to 106 employees at 8 locations. The Village Bank (MA) has a B+ health rating.

Reviews (1)

Great Bank

I've been a customer for 30 years and in that time I've seen many banks in the area fold or get swallowed up by another.  The Village Bank is cautious and conservative and thus has been able to flourish while so many others fail.  They have never re-sold a mortgage so I always know who I am dealing with and where my payment is going.

I have never had a problem with this bank.



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

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 The Village Bank (MA) had $12.29 million in non-current loans and owned real-estate with $96.75 million in equity and loan loss allowances on hand to cover it. This gives The Village Bank (MA) a Texas Ratio of 12.70% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for The Village Bank (MA) experienced no significant changes from 11.02% as of December 31, 2012 to 12.70% as of December 31, 2013, resulting in a negative change of 15.33%. This indicates that the balance sheet and financial strength for The Village Bank (MA) has had no significant changes in recent periods.

Deposit Growth

GRADE:
C+

In the past year, The Village Bank (MA) has decreased its total deposits by -$1.14 million, resulting in -0.17% 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 The Village Bank (MA) has shown is average.

Capitalization

GRADE:
A+

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. The Village Bank (MA) has $769.82 million in assets with $96.75 million in equity, resulting in a capitalization level of 12.57%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #26336
Year Established1910
Employees106
Primary RegulatorFDIC
Assets and Liabilities
Assets$769.82 million
Loans$560.82 million
Deposits$671.31 million
Equity Capital$90.55 million
Loan Loss Allowance$6.20 million
Unbacked Noncurrent Loans$7.94 million
Real Estate Owned$4.35 million
Historic Data - December 2012
Assets$780.20 million
Equity Capital$86.10 million
Loan Loss Allowance$6.31 million
Unbacked Noncurrent Loans$7.94 million
Real Estate Owned$4.45 million
Profit Margin - Quarterly
Net Interest Margin3.11%
Return on Assets0.58%
Return on Equity4.99%
Interest Income$26.19 million
Rates

Always verify rates and promotions with the bank or credit union. We are not The Village Bank (MA), we are a rate comparison website and can not provide official rates or promotions.

The Village Bank (MA) Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Passbook Savings
0.25%--Statement Savings
0.25%--Basic Statement Savings
0.25%$5k-Village Investment Account
0.25%$5k-Business Investment Account
0.10%$20-18/65 Account

The Village Bank (MA) Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$5k-Evergreen Money Market

The Village Bank (MA) Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$20-Now Checking

The Village Bank (MA) CD Rates

DetailsAPYMINMAXPRODUCT
1.35%$1k-5 Year CD
1.15%$1k-4 Year CD
1.05%$1k-3 Year CD
1.05%$1k-3 Year CD Special
0.75%$1k-30 Month CD
0.65%$1k-2 Year CD
0.55%$1k-18 Month CD
0.40%$1k-1 Year CD
0.25%$1k-6 Month CD
0.15%$1k-91 Day CD

The Village Bank (MA) IRA Rates

DetailsAPYMINMAXPRODUCT
1.35%$200-5 Year IRA (Traditional,Roth)
1.05%$200-3 Year IRA (Traditional,Roth)
0.75%$200-30 Month IRA (Traditional,Roth)
0.65%$200-2 Year IRA (Traditional,Roth)
0.55%$200-18 Month IRA (Traditional,Roth)
0.40%$200-1 Year IRA (Traditional,Roth)
Locations


The Village Bank (MA) Locations
Lasell Village, Inc. Branch120 Seminary AvenueAuburndale, MA 2466
West Newton Branch1365-1369 Washington StreetWest Newton, MA 2465
The Village Bank307 Auburn StreetAuburndale, MA 2466
Newtonville Branch332 Walnut StreetNewtonville, MA 2460
Nonantum Branch411 Watertown StreetNewton, MA 2458
Newton Highlands Branch56 Winchester StreetNewton Highlands, MA 2461
Wayland Branch62 Boston Post RoadWayland, MA 1778
Waban Branch89 Wyman StreetWaban, MA 2468