Commonwealth Bank
LOCATIONS
3
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HEALTH RATING
A
View health report
CURRENT TOP RATE
1.00% APY
4 Year CD
View all rates
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.40% | 1-year CD | 1 Year CD |
| 0.05% | Savings | Statement Savings Account |
| 1.00% | 4-year CD | 4 Year CD 1.90% - Goldman Sachs Bank USA 4 Year CD |
Overview / Commentary
Commonwealth Bank is headquartered in Hyde Park and is the 112th largest bank in the state of Massachusetts. It is also the 3,127th largest bank in the nation. It was established in 1886 and as of June of 2017, it had grown to 25 employees at 3 locations. Commonwealth Bank's money market rates are 36% higher than the national average, and it has an A health rating.
Health
A
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29842 |
| Year Established | 1886 |
| Employees | 25 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 5.08% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $183.8MM$178.4MM |
| Loans | Q2 2017vs Q2 2016 | $131.4MM$125.1MM |
| Deposits | Q2 2017vs Q2 2016 | $127.7MM$119.3MM |
| Equity Capital | Q2 2017vs Q2 2016 | $25.8MM$25.2MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $813.00K$751.00K |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $1.5MM$1.3MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $0$0 |
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Commonwealth Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Passbook Savings Account | |
| 0.05% | - | - | Statement Savings Account | |
| 0.05% | - | - | Christmas Club Account | |
| 0.05% | - | - | Vacation Club |
Commonwealth Bank Money Market Rates
Commonwealth Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $10k* | - | Elite Checking | ||
| OTHER TIERS: 0.10% → $2,500 - $10k | |||||
| 0.15% | $1,500 | - | Premier Checking | ||
Commonwealth Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $1k | - | 4 Year CD | |
| 0.85% | $1k | - | 3 Year CD | |
| 0.75% | $1k | - | 30 Month CD | |
| 0.65% | $1k | - | 2 Year CD | |
| 0.50% | $1k | - | 18 Month CD | |
| 0.40% | $1k | - | 1 Year CD | |
| 0.30% | $1k | - | 9 Month CD | |
| 0.20% | $1k | - | 6 Month CD |
Locations
| Commonwealth Bank Locations | ||
|---|---|---|
| Commonwealth Co-Operative Bank | 1172 River St | Hyde Park, MA 02136 |
| Boston Branch | 25 Court Street | Boston, MA 02108 |
| Jamaica Plain Branch | 3815 Washington Street | Jamaica Plain, MA 02130 |