1. Banks
  2. Wakefield Co-operative Bank

Wakefield Co-operative Bank


Overview / Commentary
www.wakefieldcoop.com
781-245-3890
342 Main Street
Wakefield, MA 01880

Wakefield Co-operative Bank is headquartered in Wakefield and is the 94th largest bank in the state of Massachusetts. It is also the 2,502nd largest bank in the nation. It was established in 1887 and as of September of 2020, it had grown to 39 employees at 2 locations. Wakefield Co-operative Bank has a B+ health rating.

Related Posts

Wakefield Co-operative Bank Offers Limited-Time 20-Month CD Special - 3/7/2020

Wakefield Co-operative Bank (MA) is currently offering a 20-month CD Special earning 2.20% APY for a limited time. Minimum deposit is $500 of new money.

Reviews

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



Health
B+

Data as of Q3 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #26516
Year Established1887
Employees39
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.67%
Return on Equity - YTD8.71%
Annual Interest Income$7.2MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$276.1MM$249.1MM
LoansQ3 2020vs Q3 2019$218.2MM$203.3MM
DepositsQ3 2020vs Q3 2019$244.3MM$213.8MM
Equity CapitalQ3 2020vs Q3 2019$21.1MM$19.1MM
Loan Loss AllowanceQ3 2020vs Q3 2019$1.8MM$1.6MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$1.7MM$1.3MM
Real Estate OwnedQ3 2020vs Q3 2019$0$0
Rates
Skip to rates for:
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Statement Savings Account
0.05%--Christmas Club

Wakefield Co-operative Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$100k*$3mPlatinum Money Market Account
OTHER TIERS: 0.25% → 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*-$500Freedom Checking
OTHER TIERS: 0.02% → $500+
0.15%*$100*$25kPremier Checking
OTHER TIERS: 0.10% → $25k+
0.02%--N.O.W. Account

Wakefield Co-operative Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$500-60 Month CD
0.85%$500-48 Month CD
0.65%$500-36 Month CD
0.60%$500-30 Month CD
0.50%$500-24 Month CD
0.45%$500-18 Month CD
0.35%$500-6 Month CD
0.35%$500-9 Month CD
0.35%$500-12 Month CD
0.35%$500-14 Month CD
0.15%$500-90 Day CD

Wakefield Co-operative Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$500-60 Month IRA
0.85%$500-48 Month IRA
0.65%$500-36 Month IRA
0.60%$500-30 Month IRA
0.50%$500-24 Month IRA
0.45%$500-18 Month IRA
0.35%$500-6 Month IRA
0.35%$500-9 Month IRA
0.35%$500-12 Month IRA
0.35%$500-14 Month IRA
0.15%$500-90 Day IRA
Locations


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.