Westfield Bank is headquartered in Westfield and is the 20th largest bank in the state of Massachusetts. It is also the 442nd largest bank in the nation. It was established in 1853 and as of March of 2022, it had grown to 313 employees at 27 locations. Westfield Bank has an A health rating.
Best Bank Ever. Always Nice people in My locations. very Very Nice.
Overall | |
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FDIC Certificate # | 90300 |
Year Established | 1853 |
Employees | 313 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.93% |
Return on Equity - YTD | 10.57% |
Annual Interest Income | $19.9MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $2.55B$2.47B |
Loans | Q1 2022vs Q1 2021 | $1.91B$1.90B |
Deposits | Q1 2022vs Q1 2021 | $2.28B$2.16B |
Equity Capital | Q1 2022vs Q1 2021 | $221.9MM$210.1MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $19.3MM$21.2MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $3.9MM$6.6MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $10 | - | Signature Savings | |
0.10% | $10 | - | Ready, Set, Grow Savings | |
0.05% | $10 | - | Classic Statement Savings | |
0.05% | $10 | - | Free Statement Savings w/Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $10 | - | WB Portfolio Checking | |
0.05% | $10 | - | WB Interest Checking |