Middlesex Federal Savings, F.A. is headquartered in SOMERVILLE and is the 68th largest bank in the state of Massachusetts. It is also the 1,442nd largest bank in the nation. It was established in 1890 and as of March of 2023, it had grown to 67 employees at 4 locations. Middlesex Federal Savings, F.A. has a B+ health rating.
Overall | |
---|---|
FDIC Certificate # | 28368 |
Year Established | 1890 |
Employees | 67 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.73% |
Return on Equity - YTD | 11.39% |
Annual Interest Income | $6.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2023vs Q1 2022 | $624.7MM$547.2MM |
Loans | Q1 2023vs Q1 2022 | $472.0MM$390.6MM |
Deposits | Q1 2023vs Q1 2022 | $578.6MM$501.0MM |
Equity Capital | Q1 2023vs Q1 2022 | $40.2MM$39.7MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $5.2MM$4.6MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $0$346.00K |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.40% | $50 | - | Statement Savings | |
0.40% | $50 | - | IRA Passbook Savings | |
0.40% | $50 | - | eStatement Savings | |
0.05% | $50 | - | Passbook Savings | |
0.05% | $10 | - | Club Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
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. 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 |