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 83rd largest bank in the state of Massachusetts. It is also the 2,209th largest bank in the nation. It was established in 1889 and as of September of 2024, it had grown to 27 employees at 4 locations. Colonial Federal Savings Bank has an A+ health rating.

Reviews

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Health
A+

Health Grade Components

Overall
FDIC Certificate #28481
Year Established1889
Employees27
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.08%
Return on Equity - YTD0.47%
Annual Interest Income$9.4MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$364MM$346MM
LoansQ3 2024vs Q3 2023$168MM$174.1MM
DepositsQ3 2024vs Q3 2023$282.4MM$271.8MM
Equity CapitalQ3 2024vs Q3 2023$63.9MM$63.5MM
Loan Loss AllowanceQ3 2024vs Q3 2023$1.5MM$1.6MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$0$0
Real Estate OwnedQ3 2024vs Q3 2023$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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