CAPE ANN SAVINGS BANK
GLOUCESTER, MASSACHUSETTS · FDIC Cert #90203
Capital & Safety Analysis
According to FDIC financial data, CAPE ANN SAVINGS BANK holds a Tier 1 capital ratio of 27.01%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning CAPE ANN SAVINGS BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
CAPE ANN SAVINGS BANK shows strong financial health indicators. With $972M in assets and a Health Score of 89/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
CAPE ANN SAVINGS BANK has a Bank Health Score of A (89/100). It holds a Tier 1 capital ratio of 27.01%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
CAPE ANN SAVINGS BANK holds $972M in total assets and $743M in total deposits. It is located in GLOUCESTER, MASSACHUSETTS (FDIC Certificate #90203).
CAPE ANN SAVINGS BANK has a Tier 1 capital ratio of 27.01%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.44%, and the return on assets is 0.97%.
Yes. CAPE ANN SAVINGS BANK is FDIC-insured (Certificate #90203). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.