WAKEFIELD COOP BANK
WAKEFIELD, MASSACHUSETTS · FDIC Cert #26516
Capital & Safety Analysis
According to FDIC financial data, WAKEFIELD COOP BANK holds a Tier 1 capital ratio of 11.68%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning WAKEFIELD COOP BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
WAKEFIELD COOP BANK shows average financial health. While not alarming, its Health Score of 64/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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
WAKEFIELD COOP BANK has a Bank Health Score of C (64/100). It holds a Tier 1 capital ratio of 11.68%, 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.
WAKEFIELD COOP BANK holds $312M in total assets and $267M in total deposits. It is located in WAKEFIELD, MASSACHUSETTS (FDIC Certificate #26516).
WAKEFIELD COOP BANK has a Tier 1 capital ratio of 11.68%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.24%, and the return on assets is -0.39%.
Yes. WAKEFIELD COOP BANK is FDIC-insured (Certificate #26516). 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.