OneLocal Bank

OneLocal Bank

Overview / Commentary
11 Central Street
Norwood, MA 02062

From the Bank

In late 2022, Norwood Bank and Foxboro Federal Savings, two great strong banks, merged together was renamed as OneLocal Bank.


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Health Grade Components

FDIC Certificate #26555
Year Established1889
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD6.21%
Annual Interest Income$44.8MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$925.9MM$860.2MM
LoansQ4 2023vs Q4 2022$772.1MM$691MM
DepositsQ4 2023vs Q4 2022$754.7MM$731MM
Equity CapitalQ4 2023vs Q4 2022$125.4MM$117.5MM
Loan Loss AllowanceQ4 2023vs Q4 2022$7MM$5.5MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$1.9MM$1.1MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0

Rates for OneLocal Bank are currently being reviewed.


OneLocal Bank Locations
Norwood Co-Operative Bank11 Central StNorwood, MA 02062

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