Colonial Federal Savings Bank


Overview / Commentary
617-471-0750
15 Beach Street
Quincy, MA 02170

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.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #28481
Year Established1889
Employees30
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD3.5%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$365.9MM$338.8MM
LoansQ2 2022vs Q2 2021$172.6MM$174.4MM
DepositsQ2 2022vs Q2 2021$298.8MM$286.3MM
Equity CapitalQ2 2022vs Q2 2021$63.5MM$48.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.7MM$1.7MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$0$0
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Colonial Federal Savings Bank are currently being reviewed.

Locations


Colonial Federal Savings Bank Locations
South Artery Branch1000 Southern ArteryQuincy, MA 02169
Colonial Federal Savings Bank15 Beach StQuincy, MA 02170
Middle Street Branch708 Middle StreetWeymouth, MA 02188
802 South Franklin Street Branch819 South Franklin StreetHolbrook, MA 02343

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