Featured Savings Rates
Featured Accounts

Melrose Cooperative Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.75%5-year CD5 Year CD
1.50%4-year CD4 Year CD
0.75%1-year CD1 Year CD

Overview / Commentary
866-665-2500
638 Main Street
Melrose, MA 02176

Melrose Cooperative Bank is headquartered in Melrose and is the 107th largest bank in the state of Massachusetts. It is also the 2,731st largest bank in the nation. It was established in 1890 and as of December of 2015, it had grown to 25 employees at 1 location. Melrose Cooperative Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #26511
Year Established1890
Employees25
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.27%
Return on Equity - YTD1.79%
Annual Interest Income$5.8MM
Assets and Liabilities
AssetsQ4 2015vs Q4 2014$226.2MM$209.9MM
LoansQ4 2015vs Q4 2014$160.3MM$133.9MM
DepositsQ4 2015vs Q4 2014$189.8MM$173.9MM
Equity CapitalQ4 2015vs Q4 2014$33.2MM$32.6MM
Loan Loss AllowanceQ4 2015vs Q4 2014$579.00K$519.00K
Unbacked Noncurrent LoansQ4 2015vs Q4 2014$265.00K$623.00K
Real Estate OwnedQ4 2015vs Q4 2014$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Melrose Cooperative Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--Statement Savings Account

Melrose Cooperative Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$75k*-Money Market Savings
OTHER TIERS: 0.10% $10 - $25k | 0.20% $25k - $75k
0.40%*$75k*-Money Market Checking
OTHER TIERS: 0.10% $10 - $25k | 0.20% $25k - $75k

Melrose Cooperative Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--NOW Checking

Melrose Cooperative Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$500-5 Year CD
1.50%$500-4 Year CD
1.30%$500-15 Month CD Special
1.25%$500-3 Year CD
1.00%$500-18 Month CD
1.00%$500-2 Year CD
0.75%$500-1 Year CD
0.45%$2,500-6 Month CD
Locations


Melrose Cooperative Bank Locations
Melrose Co-Operative Bank638 Main StreetMelrose, MA 02176