The Cooperative Bank
Overview / Commentary
The Cooperative Bank is headquartered in Roslindale and is the 82nd largest bank in the state of Massachusetts. It is also the 1,660th largest bank in the nation. It was established in 1898 and as of September of 2018, it had grown to 61 employees at 3 locations. The Cooperative Bank has an A health rating.
Health
A
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26922 |
| Year Established | 1898 |
| Employees | 61 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 5.95% |
| Annual Interest Income | $11.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $421.0MM$372.5MM |
| Loans | Q3 2018vs Q3 2017 | $344.9MM$302.1MM |
| Deposits | Q3 2018vs Q3 2017 | $337.3MM$297.1MM |
| Equity Capital | Q3 2018vs Q3 2017 | $38.9MM$37.6MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $2.7MM$2.3MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.5MM$1.3MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Rates
Rates for The Cooperative Bank are currently being reviewed.
Locations
| The Cooperative Bank Locations | ||
|---|---|---|
| Charlestown Branch | 201 Main Street | Charlestown, MA 02129 |
| West Roxbury Branch | 36 Springs Street | West Roxbury, MA 02132 |
| The Cooperative Bank | 40 Belgrade Avenue | Roslindale, MA 02131 |