Milford Federal Bank is headquartered in MILFORD and is the 75th largest bank in the state of Massachusetts. It is also the 1,752nd 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.
Overall | |
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FDIC Certificate # | 29835 |
Year Established | 1937 |
Employees | 62 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.13% |
Return on Equity - YTD | 1.18% |
Annual Interest Income | $5.5MM |
Assets and Liabilities | ||
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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 |
Sorry, we do not have rate data for Milford Federal Bank.
Milford Federal Bank Locations | ||
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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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