The Village Bank

307 Auburn Street
Auburndale, MA 02466

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26336
Date Established 1910
Assets $1.14 billion
Loans $0.94 billion
Deposits $0.95 billion
Capital $0.12 billion

The Village Bank is an FDIC insured institution located in Auburndale, MA. It was founded in 1910 and has approximately $1.14 billion in assets. Customers can open an account at one of its 8 branches.

For a more detailed analysis of The Village 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 The Village Bank’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial Real Estate.

Compared to other banks in Massachusetts, The Village Bank has a significantly higher percent of Construction and Development 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 61.78
Multifamily
Mortgages
3.14
Credit Card Loans 0.00
Consumer Auto Loans 0.12
Small Business Loans 5.35
Construction and Development Loans 16.39
Commercial Real Estate 14.90
Commercial and Industrial Loans 4.39
Farm Loans 0.00

Deposit Rates - November 19, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
CD Rates APY MIN MAX
3 Mo CD
0.50% $20 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.50% $20 - Learn MoreShow Less
Special: 15 Mo FIRA
2.27% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $20 - Learn MoreShow Less
Checking Rates APY MIN FEE
Free Checking 0.00% $0 $0.00 Learn MoreShow Less

Loan Rates - November 19, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Village 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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
4.658% 4.625% 0.38 $955 $1,286 Learn More
HSBC Bank USA N.A.
NMLS ID: 399799
4.955% 4.875% 0.38 $2,418 $1,324 Learn More
Rocket Mortgage
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings and Loans 4.24% $246 Learn More
Flagstar Bank 5.49% $284 Learn More

Note to The Village Bank
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Branches

The Village 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


The Village Bank Locations

Financial Details

The Village Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Village 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
The Village Bank U.S. Bank Average
3.28% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, The Village Bank had $4,219,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $119,968,000 in equity and $8,794,000 in loans loss reserves. That gives it a Texas Ratio of 3.28%.

Return on Equity
The Village Bank U.S. Bank Average
8.39% 9.77%

The Village Bank has a Return on Equity of 8.39% versus the BestCashCow average of 9.77%. 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
The Village Bank U.S. Bank Average
10.49% 12.31%

The Village Bank has a Capitalization of 10.49% versus the BestCashCow average of 12.31. 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.

The Village Bank Balance Sheet Analysis

As of June 30, 2018, The Village Bank had assets of $1,143,736,000, loans of $942,885,000, and deposits of $947,884,000. 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.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.14 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.94 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.04 billion
     Total Assets $1.02 billion
LIABILITIES
Total deposits $0.95 billion
      Interest-bearing deposits $0.80 billion
      Deposits held in domestic offices $0.95 billion
      % insured (estimated) 73.45%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.07 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $1.02 billion
      Shareholders’ Equity $0.12 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About The Village Bank

Branches and Savings

Is The Village Bank FDIC insured?

Yes. It is covered under FDIC Certificate #26336.

Why does The Village Bank pay such low interest on savings accounts?

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

Why are The Village Bank CD rates not competitive?

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

Is The Village Bank a commercial bank?

Yes

Where are The Village Bank locations?

See branch locations nearby.

Is The Village Bank open on Saturdays?

Is The Village Bank open on Sundays?

What time does The Village Bank open?

What time does The Village Bank close?

Are The Village Bank ATMs Open 24/7?

Do The Village Bank ATMs accept cash deposits?

Can The Village Bank customers use other ATMs?

Do The Village Bank branches have notaries?

Will The Village Bank notarize my document?

What address for The Village Bank should I put for incoming ACH transfers?

Will the The Village Bank branch print checks?

Do The Village Bank checks expire?

Does The Village Bank require US citizenship to open account?

Can The Village Bank close my account?

Does The Village Bank Report to credit bureaus?

Does The Village Bank Use Equifax?

What is The Village Bank's ACH Routing Number?

What is The Village Bank's SWIFT code?

Products

Does The Village Bank offer mortgages?

Compare mortgage rates here.

Does The Village Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Village Bank offer personal loans?

Compare personal loan rates here.

Does The Village Bank offer student loans?

Will The Village Bank cash a check?

Will The Village Bank redeem a savings bond?

Does The Village Bank cash savings bonds?

Will The Village Bank cash money orders?

Can The Village Bank issue a money order?

Does The Village Bank do currency exchange?

Background on The Bank

Who owns The Village Bank?

How long has The Village Bank been around?

Can The Village Bank transfer to other banks?

Does The Village Bank have quick pay?

Does The Village Bank accept rolled coins?

Will The Village Bank accept loose change?

Where is The Village Bank headquarters?

Customer Reviews for The Village Bank


  • Andrea

    April 18, 2017

    Village Bank currently has a 15 mo. CD special at 1.50%

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