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This institution is no longer active

Operations ceased on January 4, 2010. CRA examination history below reflects the period it was active.

MT. WASHINGTON CO-OPERATIVE BANK

SOUTH BOSTON, MA · Supervised by FDIC

Est. 1893FDIC #26,552RSSD: FDIC-26552
Satisfactory Same

Current rating · Exam: August 2008

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -0.48%

Institution Profile

FDIC BankFind

Address

430 West Broadway, SOUTH BOSTON, MA

County

Suffolk County

Established

January 1, 1893

Total Assets

$496M(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

August 1, 2008

Exam Type

Intermediate Small Bank

Regulator

FDIC
⚠️This exam is 17 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 Q4 2009Call Report / FDIC

Total Assets

$496M

Total Deposits

$386M

Net Loans

$355M

Net Income

$-2,472K

ROA

-0.48%

ROE

-7.74%

Risk-Based Capital

6.15%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Rating History

CRA / FFIEC

Rating Trend

Stable

Based on last 3 exams

5 previous ratings locked — dating back to 1992

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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