Milford Federal Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.50%	5-year CD	3.10% - Goldman Sachs Bank USA High-yield 5 Year CD
2.25%	1-year CD	2.65% - Barclays 12 Month Online CD
0.10%	Savings	2.00% - Ally Bank Online Savings Account

View all Milford Federal Bank rates »

Overview / Commentary

www.milfordfederal.com

508-634-2500

246 Main St
Milford, MA 01757

Milford Federal Bank is headquartered in Milford and is the 88^th largest bank in the state of Massachusetts. It is also the 1,810^th largest bank in the nation. It was established in 1937 and as of September of 2018, it had grown to 81 employees at 4 locations. Milford Federal Bank's CD rates are 3X the national average, and it has an A health rating.

Reviews

Write a Review

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

Health

A

Data as of Q3 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	29835
Year Established	1937
Employees	81
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.35%
Return on Equity - YTD	2.84%
Annual Interest Income	$9.3MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$383.2MM$383.6MM
Loans	Q3 2018vs Q3 2017	$340.7MM$340.1MM
Deposits	Q3 2018vs Q3 2017	$317.0MM$319.2MM
Equity Capital	Q3 2018vs Q3 2017	$47.4MM$46.1MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$1.6MM$1.5MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$2.7MM$3.7MM
Real Estate Owned	Q3 2018vs Q3 2017	$489.00K$0

Rates

Skip to rates for:

Savings
Money Market
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Milford Federal Bank; 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.

Milford Federal Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$50	-	Regular Passbook
0.10%	$50	-	Statement Savings

Milford Federal Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%^*	$75k^*	-	Business Money Market Account
OTHER TIERS: 0.10% → $50 - $10k \| 0.15% → $10k - $25k \| 0.25% → $25k - $50k \| 0.35% → $50k - $75k
0.30%^*	$75k^*	-	Money Market Account
OTHER TIERS: 0.10% → $50 - $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k \| 0.25% → $50k - $75k

Milford Federal Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$1k	-	4 Year CD
2.50%	$1k	-	5 Year CD
2.45%	$1k	-	3 Year CD
2.40%	$1k	-	2 Year CD
2.25%	$1k	-	1 Year CD
2.25%	$500	-	3 Year Home Buyers CD
2.25%	$500	-	3 Year Education CD
2.10%	$1k	-	9 Month CD Special
2.00%	$1k	-	15 Month CD Special (New Money)
1.00%	$1k	-	1 1/2 Year CD
0.30%	$1k	-	6 Month CD
0.15%	$1k	-	3 Month CD

Milford Federal Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$1k	-	4 Year IRA
2.50%	$1k	-	5 Year IRA
2.45%	$1k	-	3 Year IRA
2.40%	$1k	-	2 Year IRA
2.25%	$1k	-	1 Year IRA
2.10%	$1k	-	9 Month IRA Special
2.00%	$1k	-	15 Month IRA Special - New Money
1.00%	$1k	-	1 1/2 Year IRA
0.30%	$25	-	1 1/2 Year Floating IRA
0.30%	$1k	-	6 Month IRA
0.15%	$1k	-	3 Month IRA

Locations

Milford Federal Bank Locations
Whitinsville Branch	1271 Providence Road	Whitinsville, MA 01588
Milford Federal Savings and Loan Association	246 Main St	Milford, MA 01757
Route 109 Plaza Branch	91 Medway Road	Milford, MA 01757
Woonsocket Branch	2020 Diamond Hill Road	Woonsocket, RI 02895

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.