Winter Hill Bank is headquartered in SOMERVILLE and is the 79th largest bank in the state of Massachusetts. It is also the 1,996th largest bank in the nation. It was established in 1906 and as of March of 2025, it had grown to 58 employees at 3 locations. Winter Hill Bank has a B+ health rating.
Failing Buinesss
One star is too high. I've been telling my elderly parents to switch banks for years. This place not only looks like an abandoned morgue, but they constantly have "system outages" in which they rudely tell you to drive 45 mins to the only other branch they have that isn't down. The managers are rude not only to you, but their employees as well! The glass may be bullet proof but we can still HEAR you! And to top it all off the last straw is that they where ROBBED in broad daylight, just the other day. How this place stays in business when they offer nothing new since 1960 is beyond me, especially when Citizens is right next door....
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28213 |
| Year Established | 1906 |
| Employees | 58 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.11% |
| Return on Equity - YTD | 1.15% |
| Annual Interest Income | $4.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $430.6MM$445.2MM |
| Loans | Q1 2025vs Q1 2024 | $311.7MM$317.7MM |
| Deposits | Q1 2025vs Q1 2024 | $307.6MM$327.4MM |
| Equity Capital | Q1 2025vs Q1 2024 | $40.7MM$40.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.9MM$1.9MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $530K$0 |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |