Dedham Savings

Overview / Commentary
55 Elm Street
Dedham, MA 02026

Dedham Savings is headquartered in Dedham and is the 25th largest bank in the state of Massachusetts. It is also the 546th largest bank in the nation. It was established in 1831 and as of June of 2022, it had grown to 218 employees at 14 locations. Dedham Savings has an A+ health rating.

Reviews (1)

Pretty Good

I opened an account at a branch, and it was very easy. Getting the ATM card took about two weeks, so a bit on the long side. But website & online bill pay is very easy to set up and use.

Best of all, I'll be done with my big bank soon.



Health Grade Components

FDIC Certificate #23620
Year Established1831
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.05%
Return on Equity - YTD0.42%
Annual Interest Income$32.2MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$2.00B$1.83B
LoansQ2 2022vs Q2 2021$1.51B$1.33B
DepositsQ2 2022vs Q2 2021$1.70B$1.58B
Equity CapitalQ2 2022vs Q2 2021$209.8MM$206.1MM
Loan Loss AllowanceQ2 2022vs Q2 2021$10.5MM$9.3MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.2MM$1.6MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0

Rates for Dedham Savings are currently being reviewed.



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