Country Bank (MA) is headquartered in Ware and is the 28th largest bank in the state of Massachusetts. It is also the 634th largest bank in the nation. It was established in 1850 and as of December of 2021, it had grown to 204 employees at 13 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 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 23992 |
| Year Established | 1850 |
| Employees | 204 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 5.89% |
| Annual Interest Income | $56.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $1.70B$1.73B |
| Loans | Q4 2021vs Q4 2020 | $1.10B$1.23B |
| Deposits | Q4 2021vs Q4 2020 | $1.36B$1.32B |
| Equity Capital | Q4 2021vs Q4 2020 | $275.7MM$263.4MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $14.7MM$14.0MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $10.8MM$22.5MM |
| Real Estate Owned | Q4 2021vs Q4 2020 | $9.00K$151.00K |
