Avon Co-operative Bank

1 East Main Street
Avon, MA 02322

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26617
Date Established 1914
Assets $0.09 billion
Loans $0.06 billion
Deposits $0.08 billion
Capital $0.01 billion

Avon Co-operative Bank is an FDIC insured institution located in Avon, MA. It was founded in 1914 and has approximately $0.09 billion in assets.

For a more detailed analysis of Avon Co-operative 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 Avon Co-operative Bank’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Small Business Loans.

Compared to other banks in Massachusetts, Avon Co-operative Bank has a significantly higher percent of 1-4 Family Residential 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 91.71
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.14
Small Business Loans 3.39
Construction and Development Loans 4.63
Commercial Real Estate 3.39
Commercial and Industrial Loans 0.13
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Avon Co-operative Bank, but see these great savings and CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Checking Rates APY MIN FEE
Absolutely Free Checking 0.00% $0 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Avon Co-operative 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
vLoan
NMLS ID: 2229
License#: MC-5591
4.064% 4.000% 0.25 $1,938 $1,194 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 Avon Co-operative Bank
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Branches

Avon Co-operative 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


Avon Co-operative Bank Locations

Financial Details

Avon Co-operative Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Avon Co-operative 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
Avon Co-operative Bank U.S. Bank Average
0% 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, Avon Co-operative Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $9,324,000 in equity and $235,000 in loans loss reserves. That gives it a Texas Ratio of 0%. 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
Avon Co-operative Bank U.S. Bank Average
0.48% 8.58

Avon Co-operative Bank has a Return on Equity of 0.48% 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
Avon Co-operative Bank U.S. Bank Average
10.64% 12.11

Avon Co-operative Bank has a Capitalization of 10.64% 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.

Avon Co-operative Bank Balance Sheet Analysis

As of June 30, 2017, Avon Co-operative Bank had assets of $87,627,000, loans of $64,331,000, and deposits of $75,152,000. 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 Avon Co-operative Bank

Branches and Savings

Is Avon Co-operative Bank FDIC insured?

Yes. It is covered under FDIC Certificate #26617.

Why does Avon Co-operative Bank pay such low interest on savings accounts?

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

Why are Avon Co-operative Bank CD rates not competitive?

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

Is Avon Co-operative Bank a commercial bank?

Yes

Where are Avon Co-operative Bank locations?

See branch locations nearby.

Is Avon Co-operative Bank open on Saturdays?

Is Avon Co-operative Bank open on Sundays?

What time does Avon Co-operative Bank open?

What time does Avon Co-operative Bank close?

Are Avon Co-operative Bank ATMs Open 24/7?

Do Avon Co-operative Bank ATMs accept cash deposits?

Can Avon Co-operative Bank customers use other ATMs?

Do Avon Co-operative Bank branches have notaries?

Will Avon Co-operative Bank notarize my document?

What address for Avon Co-operative Bank should I put for incoming ACH transfers?

Will the Avon Co-operative Bank branch print checks?

Do Avon Co-operative Bank checks expire?

Does Avon Co-operative Bank require US citizenship to open account?

Can Avon Co-operative Bank close my account?

Does Avon Co-operative Bank Report to credit bureaus?

Does Avon Co-operative Bank Use Equifax?

What is Avon Co-operative Bank's ACH Routing Number?

What is Avon Co-operative Bank's SWIFT code?

Products

Does Avon Co-operative Bank offer mortgages?

Compare mortgage rates here.

Does Avon Co-operative Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Avon Co-operative Bank offer personal loans?

Compare personal loan rates here.

Does Avon Co-operative Bank offer student loans?

Will Avon Co-operative Bank cash a check?

Will Avon Co-operative Bank redeem a savings bond?

Does Avon Co-operative Bank cash savings bonds?

Will Avon Co-operative Bank cash money orders?

Can Avon Co-operative Bank issue a money order?

Does Avon Co-operative Bank do currency exchange?

Background on The Bank

Who owns Avon Co-operative Bank?

How long has Avon Co-operative Bank been around?

Can Avon Co-operative Bank transfer to other banks?

Does Avon Co-operative Bank have quick pay?

Does Avon Co-operative Bank accept rolled coins?

Will Avon Co-operative Bank accept loose change?

Where is Avon Co-operative Bank headquarters?

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