Country Bank (MA) is headquartered in Ware and is the 30th largest bank in the state of Massachusetts. It is also the 576th largest bank in the nation. It was established in 1850 and as of December of 2020, it had grown to 202 employees at 15 locations. Country Bank (MA) has an A health rating.
Country Bank Cares
My husband and I both do the majority of our banking with Country Bank, and we intend to do our mortgage with them when we buy a home. My husband has been with them for a long time, but I am a more recent customer. I used to be with a national bank chain that started charging fees left and right, and this bank already would not allow me to bank inside with the tellers without paying a fee. Country Bank still has free checking and savings accounts that do not require a minimum daily balance. They also have pretty good customer service. The tellers are friendly, and the customer service over the phone has been good. Although the bank is local and not always where I need it, they do charge no ATM fees for using SUM network ATMS. My only complaint is the layout of their website, but I would not expect such a local bank to have the same technology as the national chains.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 23992 |
| Year Established | 1850 |
| Employees | 202 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 5.37% |
| Annual Interest Income | $66.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $1.73B$1.69B |
| Loans | Q4 2020vs Q4 2019 | $1.23B$1.30B |
| Deposits | Q4 2020vs Q4 2019 | $1.32B$1.19B |
| Equity Capital | Q4 2020vs Q4 2019 | $263.4MM$247.6MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $14.0MM$12.1MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $22.5MM$17.6MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $151.00K$1,000 |
