Walpole Co-operative Bank
Walpole Co-operative Bank is headquartered in WALPOLE and is the 69th largest bank in the state of Massachusetts. It is also the 1,539th largest bank in the nation. It was established in 1912 and as of September of 2024, it had grown to 41 employees at 1 location. Walpole Co-operative Bank has an A+ health rating.
Dissatisfied 100%
I was very dissatisfied with the service at this Bank. I don't have an account but pulled $1,000 out of their atm. Usually at a atm it allows to pick the bills when requesting a large amount of money. The option wasn't available. I got 20's and 10's. I then went into the bank to see if I could trade them out for $100's. I was told they couldn't help me because I didn't have an account. I asked to speak to a manager and waited a while. I was greeted by an associate whom was willing to help me when a lady went out her way and interrupted only to say she heard of my issue and couldn't help. I've lived in this area for a while and believe if my skin color was different the result wouldn't have been the same.
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26487 |
| Year Established | 1912 |
| Employees | 41 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.21% |
| Return on Equity - YTD | 1.12% |
| Annual Interest Income | $21.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $612.6MM$575.2MM |
| Loans | Q3 2024vs Q3 2023 | $491.6MM$487.2MM |
| Deposits | Q3 2024vs Q3 2023 | $456.4MM$433MM |
| Equity Capital | Q3 2024vs Q3 2023 | $112.2MM$108.9MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $6.9MM$6.9MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $2.2MM$2.7MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |