Everett Co-operative Bank


Overview / Commentary
617-387-1110
419 Broadway
Everett, MA 02149

Everett Co-operative Bank is headquartered in EVERETT and is the 43rd largest bank in the state of Massachusetts. It is also the 782nd largest bank in the nation. It was established in 1890 and as of December of 2024, it had grown to 64 employees at 3 locations. Everett Co-operative Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #26444
Year Established1890
Employees64
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.28%
Return on Equity - YTD2.65%
Annual Interest Income$67MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.42B$1.28B
LoansQ4 2024vs Q4 2023$1.14B$1.04B
DepositsQ4 2024vs Q4 2023$1.01B$886.1MM
Equity CapitalQ4 2024vs Q4 2023$145.6MM$139.8MM
Loan Loss AllowanceQ4 2024vs Q4 2023$8.9MM$8.6MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$2MM$1.2MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

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Locations


Everett Co-operative Bank Locations
Everett Co-Operative Bank419 BroadwayEverett, MA 02149
Lynnfield Branch771 Salem StLynnfield, MA 01940

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