Middlesex Federal Savings, F.A.

Overview / Commentary

www.middlesexfederal.com

617-666-4700

1 College Ave
Somerville, MA 02144

Middlesex Federal Savings, F.A. is headquartered in Somerville and is the 74^th largest bank in the state of Massachusetts. It is also the 1,641^st largest bank in the nation. It was established in 1890 and as of December of 2021, it had grown to 70 employees at 4 locations. Middlesex Federal Savings, F.A. has an A health rating.

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Health

Data as of Q4 2021

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Health Grade Components

Overall
FDIC Certificate #	28368
Year Established	1890
Employees	70
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.64%
Return on Equity - YTD	9.04%
Annual Interest Income	$20.0MM

Assets and Liabilities
Assets	Q4 2021vs Q4 2020	$545.6MM$455.9MM
Loans	Q4 2021vs Q4 2020	$389.8MM$363.5MM
Deposits	Q4 2021vs Q4 2020	$496.4MM$355.1MM
Equity Capital	Q4 2021vs Q4 2020	$42.4MM$39.1MM
Loan Loss Allowance	Q4 2021vs Q4 2020	$4.6MM$4.6MM
Unbacked Noncurrent Loans	Q4 2021vs Q4 2020	$355.00K$396.00K
Real Estate Owned	Q4 2021vs Q4 2020	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Middlesex Federal Savings, F.A. Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%	$50	-	Statement Savings
0.40%	$50	-	IRA Passbook Savings
0.05%	$50	-	Passbook Savings
0.05%	$10	-	Club Account

Middlesex Federal Savings, F.A. Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$50k^*	$3m	Money Market Savings
OTHER TIERS: 0.10% → $50 - $10k \| 0.25% → $10k - $50k \| 0.30% → $3m+
0.40%^*	$50k^*	$3m	Business Money Market
OTHER TIERS: 0.10% → $50 - $10k \| 0.25% → $10k - $50k \| 0.30% → $3m+

Middlesex Federal Savings, F.A. Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$25k^*	-	President's Choice Checking
OTHER TIERS: 0.05% → Up to $1.5k \| 0.10% → $1.5k - $25k
0.10%	-	-	Easy Interest Business Checking

Middlesex Federal Savings, F.A. CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.80%	$500	-	60 Month CD
0.80%	$500	-	Business 60 Month CD
0.70%	$500	-	48 Month CD
0.70%	$500	-	Business 48 Month CD
0.60%	$500	-	36 Month CD
0.60%	$500	-	30 Month CD
0.60%	$500	-	Business 30 Month CD
0.60%	$500	-	Business 36 Month CD
0.50%	$500	-	24 Month CD
0.50%	$500	-	Business 24 Month CD
0.45%	$500	-	18 Month CD
0.45%	$500	-	Business 18 Month CD
0.40%	$500	-	12 Month CD
0.40%	$500	-	Business 12 Month CD
0.40%	$500	-	13 Month CD
0.40%	$500	-	Business 13 Month CD
0.30%	$500	-	6 Month CD
0.30%	$500	-	8 Month CD
0.30%	$500	-	Business 6 Month CD
0.30%	$500	-	Business 8 Month CD
0.15%	$500	-	3 Month CD
0.15%	$500	-	Business 3 Month CD

Middlesex Federal Savings, F.A. IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.80%	$500	-	60 Month IRA
0.70%	$500	-	48 Month IRA
0.60%	$500	-	36 Month IRA
0.60%	$500	-	30 Month IRA
0.50%	$500	-	24 Month IRA
0.45%	$500	-	18 Month IRA
0.40%	$500	-	12 Month IRA
0.40%	$500	-	13 Month IRA
0.30%	$500	-	6 Month IRA
0.30%	$500	-	8 Month IRA
0.15%	$500	-	3 Month IRA

Locations

Middlesex Federal Savings, F.A. Locations
Middlesex Federal Savings, F.A.	1 College Ave	Somerville, MA 02144
1196 Broadway Branch	1196 Broadway	Somerville, MA 02144
Riverside Ave Branch	53 Riverside Avenue	Medford, MA 02155

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