OneLocal Bank

OneLocal Bank


Overview / Commentary
781-762-1800
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.

Reviews

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Health

Health Grade Components

Overall
FDIC Certificate #26555
Year Established1889
Employees78
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

Rates for OneLocal Bank are currently being reviewed.

Locations


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

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