Milford Federal Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

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Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.milfordfederal.com

508-634-2500

246 Main St
Milford, MA 01757

Milford Federal Bank is headquartered in MILFORD and is the 75^th largest bank in the state of Massachusetts. It is also the 1,752^nd largest bank in the nation. It was established in 1937 and as of March of 2025, it had grown to 62 employees at 4 locations. Milford Federal Bank has an A+ health rating.

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Health

A+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	29835
Year Established	1937
Employees	62
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.13%
Return on Equity - YTD	1.18%
Annual Interest Income	$5.5MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$519.3MM$507.3MM
Loans	Q1 2025vs Q1 2024	$451.6MM$435.3MM
Deposits	Q1 2025vs Q1 2024	$407.4MM$375MM
Equity Capital	Q1 2025vs Q1 2024	$56.8MM$55.5MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$2MM$2MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$432K$1.1MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Milford Federal Bank.

Locations

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

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