Colonial Federal Savings Bank is headquartered in Quincy and is the 85th largest bank in the state of Massachusetts. It is also the 2,182nd largest bank in the nation. It was established in 1889 and as of June of 2022, it had grown to 30 employees at 4 locations. Colonial Federal Savings Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 28481 |
Year Established | 1889 |
Employees | 30 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.56% |
Return on Equity - YTD | 3.5% |
Annual Interest Income | $4.7MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $365.9MM$338.8MM |
Loans | Q2 2022vs Q2 2021 | $172.6MM$174.4MM |
Deposits | Q2 2022vs Q2 2021 | $298.8MM$286.3MM |
Equity Capital | Q2 2022vs Q2 2021 | $63.5MM$48.6MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.7MM$1.7MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $0$0 |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
Rates for Colonial Federal Savings Bank are currently being reviewed.
Colonial Federal Savings Bank Locations | ||
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South Artery Branch | 1000 Southern Artery | Quincy, MA 02169 |
Colonial Federal Savings Bank | 15 Beach St | Quincy, MA 02170 |
Middle Street Branch | 708 Middle Street | Weymouth, MA 02188 |
802 South Franklin Street Branch | 819 South Franklin Street | Holbrook, MA 02343 |