Envision Bank is headquartered in Randolph and is the 60th largest bank in the state of Massachusetts. It is also the 1,151st largest bank in the nation. It was established in 1851 and as of June of 2019, it had grown to 207 employees at 7 locations. Envision Bank has an A health rating.
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Happy With Envision (And Randolph Savings Before)
Account was compromised, as an unauthorized $500 ATM withdrawal was made. ATM card was replaced and stolen funds were returned promptly. Was dreading the process, but Envision made the experience a very pleasant surprise. Had been a happy Randolph Savings Bank customer for a number of years before the name changed. Mobile app isn't great, but as long as they offer their excellent Apex rewards checking account I'll remain a fan.
I Had Been Considering Becoming A RSB Customer
I've been considering using Randolph Savings for a few days. I reached out to them via their email address this morning to find out more information. I found that their customer support was very responsive, a human responded within 3 minutes to my initial request. I was very impressed and I'm now planning to move my accounts based on that experience.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 90270 |
| Year Established | 1851 |
| Employees | 207 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 4.23% |
| Annual Interest Income | $12.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $653.0MM$566.3MM |
| Loans | Q2 2019vs Q2 2018 | $554.7MM$464.4MM |
| Deposits | Q2 2019vs Q2 2018 | $449.5MM$433.1MM |
| Equity Capital | Q2 2019vs Q2 2018 | $70.4MM$66.3MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $4.2MM$3.7MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $2.3MM$2.5MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $90.00K$193.00K |
Rates for Envision Bank are currently being reviewed.
| Envision Bank Locations | ||
|---|---|---|
| Randolph Savings Bank | 129 North Main Street | Randolph, MA 02368 |
| Holbrook Branch | 50 South Franklin Street | Holbrook, MA 02343 |
| Stoughton Branch | 87 Sharon Street | Stoughton, MA 02072 |
| Washington Street Stoughton Branch | 497 Washington Street | Stoughton, MA 02072 |
| Braintree Branch | One Rockdale Street | Braintree, MA 02184 |