Walpole Co-operative Bank is headquartered in Walpole and is the 74th largest bank in the state of Massachusetts. It is also the 1,410th largest bank in the nation. It was established in 1912 and as of March of 2020, it had grown to 44 employees at 1 location. Walpole Co-operative Bank has an A+ health rating.
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.
| Overall | |
|---|---|
| FDIC Certificate # | 26487 |
| Year Established | 1912 |
| Employees | 44 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 2.91% |
| Annual Interest Income | $5.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $529.3MM$489.0MM |
| Loans | Q1 2020vs Q1 2019 | $440.6MM$411.6MM |
| Deposits | Q1 2020vs Q1 2019 | $399.0MM$359.9MM |
| Equity Capital | Q1 2020vs Q1 2019 | $96.8MM$93.4MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $6.1MM$6.0MM |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $1.6MM$2.4MM |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |
Rates for Walpole Co-operative Bank are currently being reviewed.
| Walpole Co-operative Bank Locations | ||
|---|---|---|
| Walpole Co-Operative Bank | 982 Main Street | Walpole, MA 02081 |