Skip to main content
BankHealth

MILFORD FEDERAL BANK

MILFORD, MASSACHUSETTS · FDIC Cert #29835

B
Health Score
68/100
$502M
Total Assets
$374M
Total Deposits
19.22%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MILFORD FEDERAL BANK holds a Tier 1 capital ratio of 19.22%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MILFORD FEDERAL BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.31%
Nonperforming Loans
Low — healthy loan portfolio
7.11%
Liquidity Ratio
Low — potential liquidity stress
0.28%
Return on Assets
Low profitability
$374M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MILFORD FEDERAL BANK shows strong financial health indicators. With $502M in assets and a Health Score of 68/100, 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

MILFORD FEDERAL BANK has a Bank Health Score of B (68/100). It holds a Tier 1 capital ratio of 19.22%, 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.

MILFORD FEDERAL BANK holds $502M in total assets and $374M in total deposits. It is located in MILFORD, MASSACHUSETTS (FDIC Certificate #29835).

MILFORD FEDERAL BANK has a Tier 1 capital ratio of 19.22%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.31%, and the return on assets is 0.28%.

Yes. MILFORD FEDERAL BANK is FDIC-insured (Certificate #29835). 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.

Last updated: