Colonial Federal Savings Bank is headquartered in Quincy and is the 91st largest bank in the state of Massachusetts. It is also the 2,197th largest bank in the nation. It was established in 1889 and as of September of 2020, it had grown to 28 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 | 28 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.5% |
Return on Equity - YTD | 3.46% |
Annual Interest Income | $7.6MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $333.5MM$310.9MM |
Loans | Q3 2020vs Q3 2019 | $184.0MM$180.1MM |
Deposits | Q3 2020vs Q3 2019 | $280.2MM$255.2MM |
Equity Capital | Q3 2020vs Q3 2019 | $47.5MM$46.0MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $1.7MM$1.6MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $1,000$1,000 |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.20% | $50 | - | Savings Builder | |
0.10% | $50 | - | Passbook Savings Account | |
0.10% | $50 | - | Statement Savings Account | |
0.05% | $10 | - | Holiday Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $50 | - | NOW Account |
Colonial Federal Savings Bank Locations | ||
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South Artery Branch | 1000 Southern Artery | Quincy, MA 02169 |
Colonial Federal Savings Bank | 15 Beach Street | Quincy, MA 02170 |
Middle Street Branch | 708 Middle Street | Weymouth, MA 02188 |
802 South Franklin Street Branch | 819 South Franklin Street | Holbrook, MA 02343 |