Overview / Commentary
342 Main Street
Wakefield, MA 01880

Wakefield Co-operative Bank is headquartered in Wakefield and is the 107th largest bank in the state of Massachusetts. It is also the 2,706th largest bank in the nation. It was established in 1887 and as of September of 2018, it had grown to 38 employees at 2 locations. Wakefield Co-operative Bank's money market rates are 3X the national average, and it has a B health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #26516
Year Established1887
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.3%
Return on Equity - YTD3.99%
Annual Interest Income$6.0MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$221.1MM$209.1MM
LoansQ3 2018vs Q3 2017$172.9MM$156.3MM
DepositsQ3 2018vs Q3 2017$193.2MM$176.7MM
Equity CapitalQ3 2018vs Q3 2017$16.6MM$16.8MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.4MM$1.2MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$1.2MM$1.3MM
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Wakefield Co-operative Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Wakefield Co-operative Bank Savings Account Rates

0.05%--Statement Savings Account
0.05%--Christmas Club

Wakefield Co-operative Bank Money Market Rates

1.25%*$100k*$3mPlatinum Money Market Account
OTHER TIERS: 0.50% Up to $100k
0.25%*$100k*$500kUltimate Money Market Account
OTHER TIERS: 0.01% Up to $2.5k | 0.03% $2.5k - $10k | 0.05% $10k - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k

Wakefield Co-operative Bank Checking Account Rates

0.02%--N.O.W. Account

Wakefield Co-operative Bank CD Rates

2.50%--17 Month CD Special (New Money Only)
1.60%--60 Month CD
1.50%--9 Month CD
1.50%--9 Month CD Special (New Money Only)
1.40%--48 Month CD
1.20%--90 Day CD Special
1.10%--36 Month CD
1.10%$10k-3 Year Step-Up CD Special
1.05%--30 Month CD
1.00%--14 Month CD
1.00%--24 Month CD
0.85%--18 Month CD
0.75%--12 Month CD
0.55%--6 Month CD

Wakefield Co-operative Bank IRA Rates

2.50%--17 Month IRA Special (New Money Only)
1.60%--60 Month IRA
1.50%--9 Month IRA
1.50%--9 Month IRA Special (New Money Only)
1.40%--48 Month IRA
1.10%--36 Month IRA
1.10%$10k-3 Year Step-Up IRA Special
1.05%--30 Month IRA
1.00%--14 Month IRA
1.00%--24 Month IRA
0.85%--18 Month IRA
0.75%--12 Month IRA
0.55%--6 Month IRA

Wakefield Co-operative Bank Locations
Wakefield Co-Operative Bank342 Main StreetWakefield, MA 01880
Lynnfield Branch596 Main StreetLynnfield, MA 01940

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.