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BankHealth

COUNTRY BANK FOR SAVINGS

WARE, MASSACHUSETTS · FDIC Cert #23992

D
Health Score
43/100
$1.9B
Total Assets
$1.4B
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, COUNTRY BANK FOR SAVINGS holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject COUNTRY BANK FOR SAVINGS to additional regulatory scrutiny.

Key Financial Metrics

1.35%
Nonperforming Loans
Moderate — some loan stress
21.93%
Liquidity Ratio
Strong — can meet withdrawal demands
0.60%
Return on Assets
Low profitability
$1.4B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

COUNTRY BANK FOR SAVINGS shows some financial weakness with a Health Score of 43/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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

COUNTRY BANK FOR SAVINGS has a Bank Health Score of D (43/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

COUNTRY BANK FOR SAVINGS holds $1.9B in total assets and $1.4B in total deposits. It is located in WARE, MASSACHUSETTS (FDIC Certificate #23992).

COUNTRY BANK FOR SAVINGS has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 1.35%, and the return on assets is 0.60%.

Yes. COUNTRY BANK FOR SAVINGS is FDIC-insured (Certificate #23992). 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.

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