🏦Bank Scorer

This institution is no longer active

Operations ceased on October 15, 2002. CRA examination history below reflects the period it was active.

MEDFORD SAVINGS BANK

MEDFORD, MA · Supervised by FDIC

Est. 1869FDIC #23,290RSSD: FDIC-23290
Part ofMEDFORD BCORP INC→ View all charters
Satisfactory Same

Current rating · Exam: February 2001

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 1.07%

Institution Profile

FDIC BankFind

Address

29 High Street, MEDFORD, MA

County

Suffolk County

Established

January 1, 1869

Total Assets

$1.5B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

February 1, 2001

Exam Type

Large Bank

Regulator

FDIC
⚠️This exam is 25 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q3 2002Call Report / FDIC

Total Assets

$1.5B

Total Deposits

$1.2B

Net Loans

$662M

Net Income

$12M

ROA

1.07%

ROE

13.80%

Risk-Based Capital

14.26%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Rating History

CRA / FFIEC

Rating Trend

Stable

Based on last 3 exams

4 previous ratings locked — dating back to 1990

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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