Colonial Federal Savings Bank

Overview / Commentary
15 Beach Street
Quincy, MA 02170

Colonial Federal Savings Bank is headquartered in Quincy and is the 89th largest bank in the state of Massachusetts. It is also the 2,299th largest bank in the nation. It was established in 1889 and as of June of 2021, it had grown to 31 employees at 4 locations. Colonial Federal Savings Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #28481
Year Established1889
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.5%
Return on Equity - YTD3.51%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$338.8MM$332.8MM
LoansQ2 2021vs Q2 2020$174.4MM$186.8MM
DepositsQ2 2021vs Q2 2020$286.3MM$279.1MM
Equity CapitalQ2 2021vs Q2 2020$48.6MM$47.1MM
Loan Loss AllowanceQ2 2021vs Q2 2020$1.7MM$1.7MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$0$5.00K
Real Estate OwnedQ2 2021vs Q2 2020$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.

Colonial Federal Savings Bank Savings Account Rates

0.10%$50-Passbook Savings Account
0.10%$50-Statement Savings Account
0.10%$50-Savings Builder
0.05%$10-Holiday Club

Colonial Federal Savings Bank Money Market Rates

0.30%*$75k*-High-Yield Reserve
OTHER TIERS: 0.15% Up to $75k
0.25%*$50k*-Tiered Money Market Account
OTHER TIERS: 0.05% Up to $5k | 0.10% $5k - $15k | 0.15% $15k - $25k | 0.20% $25k - $50k
0.10%*$2.5k*-Money Market Account
OTHER TIERS: 0.05% Up to $2.5k

Colonial Federal Savings Bank Checking Account Rates

0.05%$50-NOW Account

Colonial Federal Savings Bank CD Rates

0.65%$1k-4 Year CD
0.60%$1k-42 Month CD
0.55%$1k-3 Year CD
0.45%$1k-2 Year CD
0.45%$1k-30 Month CD
0.45%$1k-27 Month CD
0.45%$1k$250k17 Month CD
0.40%$1k$250k13 Month CD
0.30%$1k-1 Year CD
0.30%$50-11 Month CD
0.25%$1k-9 Month CD
0.25%$1k-6 Month CD
0.15%$1k-3 Month CD

Colonial Federal Savings Bank IRA Rates

0.65%$1k-4 Year IRA
0.60%$1k-42 Month IRA
0.55%$1k-3 Year IRA
0.45%$1k-2 Year IRA
0.45%$1k-30 Month IRA
0.45%$1k-27 Month IRA
0.45%$1k$250k17 Month IRA
0.40%$1k$250k13 Month IRA
0.30%$1k-1 Year IRA
0.30%$50-11 Month IRA
0.25%$1k-6 Month IRA
0.25%$1k-9 Month IRA
0.15%$1k-3 Month IRA

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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