Medford Co-operative Bank

Medford Co-operative Bank Overview

Medford Co-operative Bank, founded in January 01, 1886, is currently an active FDIC insured bank. The chartering agency for Medford Co-operative Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Medford Co-operative Bank has an FDIC insurance membership with the BIF - Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Medford Co-operative Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on February 28, 1986.

Address Location and Maps for Medford Co-operative Bank

Bank Name Medford Co-operative Bank
Address 60 High Street
Medford, MA 2155
County: Middlesex
Bank’s State: Massachusetts
Website: http://www.medfordcoopbank.com:80/

 

Medford Co-operative Bank Detailed Information

FDIC Certificate ID 26572
Bank Institution Name Medford Co-operative Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 8508
Total Assets $435,174,000
Total Deposits $327,278,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class SB - Savings Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State Charer.
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured Yes, FDIC insured bank is a member of the Bank Insurance Fund
Bank Insurance Fund BIF - Bank Insurance Fund
Date of Deposit Insurance February 28, 1986
Change Code 223
Change Code Description Merger - FDIC Insured Bank Without Assistance
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks No
FDIC Supervisory Region New York
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Middlesex
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Medford Co-operative Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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