Milford Federal Savings and Loan Association


Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.50%5-year CD5 Year CD
0.30%1-year CD1 Year CD
0.10%SavingsStatement Savings

Overview / Commentary
508-634-2500
246 Main St
Milford, MA 01757

Milford Federal Savings and Loan Association is headquartered in Milford and is the 87th largest bank in the state of Massachusetts. It is also the 1,794th largest bank in the nation. It was established in 1937 and as of June of 2018, it had grown to 80 employees at 4 locations. Milford Federal Savings and Loan Association has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #29835
Year Established1937
Employees80
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.3%
Return on Equity - YTD2.48%
Annual Interest Income$6.1MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$385.9MM$382.6MM
LoansQ2 2018vs Q2 2017$340.5MM$332.4MM
DepositsQ2 2018vs Q2 2017$321.7MM$321.6MM
Equity CapitalQ2 2018vs Q2 2017$47.1MM$45.7MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.6MM$1.5MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$2.8MM$4.2MM
Real Estate OwnedQ2 2018vs Q2 2017$489.00K$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Milford Federal Savings and Loan Association Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$50-Regular Passbook
0.10%$50-Statement Savings

Milford Federal Savings and Loan Association Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Savings and Loan Association CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$1k-5 Year CD
2.35%$1k-4 Year CD
2.25%$1k-3 Year CD
2.25%$500-3 Year Home Buyers CD
2.25%$500-3 Year Education CD
2.15%$1k-2 1/2 Year CD Special
2.10%$1k-2 Year CD
2.00%$1k-15 Month CD Special (New Money)
1.00%$1k-1 1/2 Year CD
0.30%$1k-6 Month CD
0.30%$1k-9 Month CD
0.30%$1k-1 Year CD
0.15%$1k-3 Month CD

Milford Federal Savings and Loan Association IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$1k-5 Year IRA
2.35%$1k-4 Year IRA
2.25%$1k-3 Year IRA
2.15%--2 1/2 Year IRA Special
2.10%$1k-2 Year IRA
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
0.30%$1k-9 Month IRA
0.30%$1k-1 Year IRA
0.15%$1k-3 Month IRA
Locations


Milford Federal Savings and Loan Association Locations
Whitinsville Branch1271 Providence RoadWhitinsville, MA 01588
Milford Federal Savings and Loan Association246 Main StMilford, MA 01757
Route 109 Plaza Branch91 Medway RoadMilford, MA 01757
Woonsocket Branch1950 Diamond Hill RoadWoonsocket, RI 02895

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