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 81^st largest bank in the state of Massachusetts. It is also the 1,735^th largest bank in the nation. It was established in 1890 and as of June of 2020, it had grown to 60 employees at 3 locations. Middlesex Federal Savings, F.A. has a B+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	28368
Year Established	1890
Employees	60
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	-0.04%
Return on Equity - YTD	-0.48%
Annual Interest Income	$9.1MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$458.5MM$420.7MM
Loans	Q2 2020vs Q2 2019	$372.8MM$336.7MM
Deposits	Q2 2020vs Q2 2019	$331.1MM$315.2MM
Equity Capital	Q2 2020vs Q2 2019	$38.4MM$39.1MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$4.3MM$4.3MM
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$833.00K$1.1MM
Real Estate Owned	Q2 2020vs Q2 2019	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Middlesex Federal Savings, F.A.; we are a rate comparison website and cannot provide official rates or promotions.

* 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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.