This institution is no longer active

Operations ceased on December 12, 1990. CRA examination history below reflects the period it was active.

NEW ENGLAND ALLBANK FOR SAVINGS

GARDNER, MA · Supervised by FDIC

Est. 1868FDIC #90,201RSSD: FDIC-90201

Needs to Improve

Current rating · Exam: May 1990

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At a Glance

Community Lending (CRA)

Needs to Improve

Has deficiencies in community lending that regulators have identified

Financial Health

Needs Attention

ROA -9.72%

Institution Profile

FDIC BankFind

Address

29 Parker Street, GARDNER, MA

County

Worcester County

Established

May 26, 1868

Total Assets

$173M(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

Needs to Improve

Has deficiencies in community lending that regulators have identified

Exam Date

May 30, 1990

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 36 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 1990Call Report / FDIC

Total Assets

$173M

Total Deposits

$172M

Net Loans

$117M

Net Income

$-13,775K

ROA

-9.72%

ROE

-228.68%

Risk-Based Capital

0.17%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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