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Mutual Bank

Overview / Commentary
570 Washington St
Whitman, MA 02382

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Mutual Bank (MA) Ups Leader Money Market To 2.43% APY - 1/23/2019

Mutual Bank is offering its Leader Money Market Account to all Massachusetts residents. Balances up to $250k earn 2.43% APY. Minimum opening deposit is $1k.

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Health Grade Components

FDIC Certificate #90259
Year Established1864
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD3.76%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$565.7MM$553.1MM
LoansQ1 2019vs Q1 2018$414.6MM$404.0MM
DepositsQ1 2019vs Q1 2018$512.0MM$503.6MM
Equity CapitalQ1 2019vs Q1 2018$46.9MM$43.2MM
Loan Loss AllowanceQ1 2019vs Q1 2018$1.8MM$1.7MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$915.00K$1.9MM
Real Estate OwnedQ1 2019vs Q1 2018$178.00K$0

Rates for Mutual Bank are currently being reviewed.



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