Walpole Co-operative Bank

Walpole Co-operative Bank


Overview / Commentary
508-668-1080
982 Main Street
Walpole, MA 02081

Walpole Co-operative Bank is headquartered in WALPOLE and is the 72nd largest bank in the state of Massachusetts. It is also the 1,538th largest bank in the nation. It was established in 1912 and as of March of 2023, it had grown to 40 employees at 1 location. Walpole Co-operative Bank has a B+ health rating.

Reviews (1)

Old Fashioned And Difficult To Deal With For Cds

Posted by: |

Don't bother wasting your time unless they have an attractive interest rate. They have very rigid procedures and you will spend a lot of time to accomplish simple tasks. They refused to wire the proceeds of a maturing CD even though I have another account and was at the branch. Not very helpful.



Health
B+

Health Grade Components

Overall
FDIC Certificate #26487
Year Established1912
Employees40
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD2.29%
Annual Interest Income$5.6MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$584.1MM$575.8MM
LoansQ1 2023vs Q1 2022$485.6MM$438.3MM
DepositsQ1 2023vs Q1 2022$443.8MM$470.5MM
Equity CapitalQ1 2023vs Q1 2022$108.0MM$103.7MM
Loan Loss AllowanceQ1 2023vs Q1 2022$6.8MM$6.8MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$2.7MM$3.8MM
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates

Rates for Walpole Co-operative Bank are currently being reviewed.

Locations


Walpole Co-operative Bank Locations
Walpole Co-Operative Bank982 Main StWalpole, MA 02081

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