Dean Co-operative Bank is headquartered in Franklin and is the 95th largest bank in the state of Massachusetts. It is also the 2,077th largest bank in the nation. It was established in 1889 and as of December of 2018, it had grown to 67 employees at 4 locations. Dean Co-operative Bank has an A health rating.
Great Local Bank
Dean Bank has been a pleasure to work with. Their customer service has always been above my expectations. In fact, not too long ago, I had to make several deposits, cash in savings bonds, transfer money, and speak with a manager to help me out on an account question in one trip. Even though it was a long process, they were nice to work with the entire time and guided me through the process. In addition, I use their mobile banking system and frequently check their mobile app. The app is easy to use and a great way to check in on account information. I have both a checking and savings account with Dean Bank and I am able to make transfers from one account to another from the palm of my hand. I have been using Dean Bank for 4 years and have not had any issues yet. I would recommend this bank to anyone in the local area.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 27269 |
| Year Established | 1889 |
| Employees | 67 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.52% |
| Return on Equity - YTD | 6.09% |
| Annual Interest Income | $11.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $317.3MM$296.6MM |
| Loans | Q4 2018vs Q4 2017 | $239.4MM$213.7MM |
| Deposits | Q4 2018vs Q4 2017 | $265.5MM$254.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $27.0MM$25.8MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $2.4MM$2.4MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $521.00K$991.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Rates for Dean Co-operative Bank are currently being reviewed.
| Dean Co-operative Bank Locations | ||
|---|---|---|
| Dean Co-Operative Bank | 21 Main Street | Franklin, MA 02038 |
| Mendon Branch | 32 Hastings Street | Mendon, MA 01756 |
| Pulaski Branch | 411 Pulaski Boulevard | Bellingham, MA 02019 |
| Blackstone Branch | 8 Main Street | Blackstone, MA 01504 |