Wrentham Co-operative Bank

102 South Street
Wrentham, MA 02093

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26576
Date Established 1901
Assets $0.12 billion
Loans $0.08 billion
Deposits $0.10 billion
Capital $0.02 billion

Wrentham Co-operative Bank is an FDIC insured institution located in Wrentham, MA. It was founded in 1901 and has approximately $0.12 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Wrentham 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 Wrentham Co-operative Bank’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Massachusetts, Wrentham 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 96.19
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.20
Small Business Loans 1.74
Construction and Development Loans 0.00
Commercial Real Estate 1.74
Commercial and Industrial Loans 0.13
Farm Loans 0.00

Deposit Rates - November 12, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $100 - Learn MoreShow Less
Special: 18 Mo FIRA
2.30% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.75% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $10 - Learn MoreShow Less
Checking Rates APY MIN FEE
No-Fee Checking 0.00% $0 $0.00 Learn MoreShow Less
NOW Checking 0.00% $500 $7.00 Learn MoreShow Less
Super NOW Checking 0.00% $5,000 $10.00 Learn MoreShow Less

Loan Rates - November 12, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Wrentham 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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.750% 5.750% 0.00 $0 $1,459 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 Wrentham Co-operative Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Wrentham 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


Wrentham Co-operative Bank Locations

Financial Details

Wrentham Co-operative Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Wrentham 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
Wrentham Co-operative Bank U.S. Bank Average
0% 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, Wrentham Co-operative Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $15,869,000 in equity and $445,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Wrentham Co-operative Bank U.S. Bank Average
3.04% 9.77%

Wrentham Co-operative Bank has a Return on Equity of 3.04% 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
Wrentham Co-operative Bank U.S. Bank Average
13.39% 12.31%

Wrentham Co-operative Bank has a Capitalization of 13.39% 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.

Wrentham Co-operative Bank Balance Sheet Analysis

As of June 30, 2018, Wrentham Co-operative Bank had assets of $118,552,000, loans of $77,066,000, and deposits of $102,227,000. 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 $0.03 billion
Interest-bearing balances $0.02 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.08 billion
Loan loss allowance $0.00 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 $0.01 billion
     Total Assets $0.10 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 89.79%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.10 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

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

Frequently Asked Questions About Wrentham Co-operative Bank

Branches and Savings

Is Wrentham Co-operative Bank FDIC insured?

Yes. It is covered under FDIC Certificate #26576.

Why does Wrentham 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 Wrentham Co-operative Bank CD rates not competitive?

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

Is Wrentham Co-operative Bank a commercial bank?

Yes

Where are Wrentham Co-operative Bank locations?

See branch locations nearby.

Is Wrentham Co-operative Bank open on Saturdays?

Is Wrentham Co-operative Bank open on Sundays?

What time does Wrentham Co-operative Bank open?

What time does Wrentham Co-operative Bank close?

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

Do Wrentham Co-operative Bank ATMs accept cash deposits?

Can Wrentham Co-operative Bank customers use other ATMs?

Do Wrentham Co-operative Bank branches have notaries?

Will Wrentham Co-operative Bank notarize my document?

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

Will the Wrentham Co-operative Bank branch print checks?

Do Wrentham Co-operative Bank checks expire?

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

Can Wrentham Co-operative Bank close my account?

Does Wrentham Co-operative Bank Report to credit bureaus?

Does Wrentham Co-operative Bank Use Equifax?

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

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

Products

Does Wrentham Co-operative Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Wrentham Co-operative Bank offer personal loans?

Compare personal loan rates here.

Does Wrentham Co-operative Bank offer student loans?

Will Wrentham Co-operative Bank cash a check?

Will Wrentham Co-operative Bank redeem a savings bond?

Does Wrentham Co-operative Bank cash savings bonds?

Will Wrentham Co-operative Bank cash money orders?

Can Wrentham Co-operative Bank issue a money order?

Does Wrentham Co-operative Bank do currency exchange?

Background on The Bank

Who owns Wrentham Co-operative Bank?

How long has Wrentham Co-operative Bank been around?

Can Wrentham Co-operative Bank transfer to other banks?

Does Wrentham Co-operative Bank have quick pay?

Does Wrentham Co-operative Bank accept rolled coins?

Will Wrentham Co-operative Bank accept loose change?

Where is Wrentham Co-operative Bank headquarters?

Customer Reviews for Wrentham Co-operative Bank

There are currently no comments for Wrentham Co-operative Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →