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BankHealth

WESTFIELD BANK

WESTFIELD, MASSACHUSETTS · FDIC Cert #90300

B
Health Score
73/100
$2.6B
Total Assets
$2.2B
Total Deposits
12.96%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, WESTFIELD BANK holds a Tier 1 capital ratio of 12.96%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning WESTFIELD BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.29%
Nonperforming Loans
Low — healthy loan portfolio
15.65%
Liquidity Ratio
Adequate liquidity
0.73%
Return on Assets
Low profitability
$2.2B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

WESTFIELD BANK shows strong financial health indicators. With $2.6B in assets and a Health Score of 73/100, 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

WESTFIELD BANK has a Bank Health Score of B (73/100). It holds a Tier 1 capital ratio of 12.96%, 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.

WESTFIELD BANK holds $2.6B in total assets and $2.2B in total deposits. It is located in WESTFIELD, MASSACHUSETTS (FDIC Certificate #90300).

WESTFIELD BANK has a Tier 1 capital ratio of 12.96%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.29%, and the return on assets is 0.73%.

Yes. WESTFIELD BANK is FDIC-insured (Certificate #90300). 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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