Colonial Federal Savings Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

colonialfed.com

617-471-0750

15 Beach Street
Quincy, MA 02170

Colonial Federal Savings Bank is headquartered in QUINCY and is the 83^rd largest bank in the state of Massachusetts. It is also the 2,213^th largest bank in the nation. It was established in 1889 and as of December of 2024, it had grown to 28 employees at 4 locations. Colonial Federal Savings Bank has an A+ health rating.

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Health

A+

Data as of Q4 2024

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Health Grade Components

Overall
FDIC Certificate #	28481
Year Established	1889
Employees	28
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.04%
Return on Equity - YTD	0.2%
Annual Interest Income	$12.6MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$362.5MM$358.9MM
Loans	Q4 2024vs Q4 2023	$167.2MM$175MM
Deposits	Q4 2024vs Q4 2023	$281MM$269.1MM
Equity Capital	Q4 2024vs Q4 2023	$63.9MM$63.4MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$1.4MM$1.6MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$231K$94K
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Colonial Federal Savings Bank are currently being reviewed.

Locations

Colonial Federal Savings Bank Locations
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

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