Abington Bank

6 Harrison Avenue
Abington, MA 02351

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26549
Date Established 1888
Assets $0.23 billion
Loans $0.18 billion
Deposits $0.20 billion
Capital $0.02 billion

Abington Bank is an FDIC insured institution located in Abington, MA. It was founded in 1888 and has approximately $0.23 billion in assets.

For a more detailed analysis of Abington Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Abington Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Massachusetts, Abington Bank has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 50.48
Multifamily
Mortgages
6.92
Credit Card Loans 0.00
Consumer Auto Loans 0.81
Small Business Loans 26.85
Construction and Development Loans 5.43
Commercial Real Estate 32.33
Commercial and Industrial Loans 4.38
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $500 - Learn MoreShow Less
6 Mo CD 10K
0.25% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.10% $10 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.45% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.45% $20 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.15% $1,000 $9,999 Learn MoreShow Less
MM 10K
0.20% $10,000 $49,999 Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.35% $10,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $10 - Learn MoreShow Less
Checking Rates APY MIN FEE
Free Checking 0.00% $0 $0.00 Learn MoreShow Less
Green Wave Checking 0.00% $0 $0.00 Learn MoreShow Less
NOW Account 0.00% $250 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Abington Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Abington Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Abington Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Abington Bank Locations

Financial Details

Abington Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Abington Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Abington Bank U.S. Bank Average
2.56% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Abington Bank had $591,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $22,244,000 in equity and $886,000 in loans loss reserves. That gives it a Texas Ratio of 2.56%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Abington Bank U.S. Bank Average
3.73% 8.58

Abington Bank has a Return on Equity of 3.73% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Abington Bank U.S. Bank Average
9.53% 12.11

Abington Bank has a Capitalization of 9.53% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Abington Bank Balance Sheet Analysis

As of June 30, 2017, Abington Bank had assets of $233,408,000, loans of $175,466,000, and deposits of $201,405,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Abington Bank

Branches and Savings

Is Abington Bank FDIC insured?

Yes. It is covered under FDIC Certificate #26549.

Why does Abington Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Abington Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Abington Bank a commercial bank?

Yes

Where are Abington Bank locations?

See branch locations nearby.

Is Abington Bank open on Saturdays?

Is Abington Bank open on Sundays?

What time does Abington Bank open?

What time does Abington Bank close?

Are Abington Bank ATMs Open 24/7?

Do Abington Bank ATMs accept cash deposits?

Can Abington Bank customers use other ATMs?

Do Abington Bank branches have notaries?

Will Abington Bank notarize my document?

What address for Abington Bank should I put for incoming ACH transfers?

Will the Abington Bank branch print checks?

Do Abington Bank checks expire?

Does Abington Bank require US citizenship to open account?

Can Abington Bank close my account?

Does Abington Bank Report to credit bureaus?

Does Abington Bank Use Equifax?

What is Abington Bank's ACH Routing Number?

What is Abington Bank's SWIFT code?

Products

Does Abington Bank offer mortgages?

Compare mortgage rates here.

Does Abington Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Abington Bank offer personal loans?

Compare personal loan rates here.

Does Abington Bank offer student loans?

Will Abington Bank cash a check?

Will Abington Bank redeem a savings bond?

Does Abington Bank cash savings bonds?

Will Abington Bank cash money orders?

Can Abington Bank issue a money order?

Does Abington Bank do currency exchange?

Background on The Bank

Who owns Abington Bank?

How long has Abington Bank been around?

Can Abington Bank transfer to other banks?

Does Abington Bank have quick pay?

Does Abington Bank accept rolled coins?

Will Abington Bank accept loose change?

Where is Abington Bank headquarters?

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