Wrentham Co-operative Bank is headquartered in Wrentham and is the 104th largest bank in the state of Massachusetts. It is also the 3,668th largest bank in the nation. It was established in 1901 and as of June of 2020, it had grown to 16 employees at 2 locations. Wrentham Co-operative Bank has an A+ health rating.
Great Small Town Bank
I banked here for several years when I was living and working in Wrentham. They were very convenient and also very friendly to deal with. I did not have to worry about hidden fees, or feel like they were trying to take advantage of me in any way. When my card was stolen they were great to deal with and none of my information was compromised. If I had not moved I would surely still have them as my bank.
This is a great bank for locals.
I have had both a savings and a checking account with this bank, and I really liked my experience with them. My checking account was no hassle. I had a NOW checking account, and I had no monthly fees as long as I kept a minimum of $500 in it, and I had a debit card and could write unlimited checks. Everyone there was very pleasant every time I went. I would still have an account with them if I hadn't moved so far away a few years ago.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26576 |
| Year Established | 1901 |
| Employees | 16 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.48% |
| Return on Equity - YTD | 3.54% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $132.3MM$115.8MM |
| Loans | Q2 2020vs Q2 2019 | $75.0MM$73.6MM |
| Deposits | Q2 2020vs Q2 2019 | $115.0MM$99.1MM |
| Equity Capital | Q2 2020vs Q2 2019 | $16.8MM$16.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $444.00K$445.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $0$0 |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |