Massachusetts – Norfolk – Needham
(SM) Commercial bank, state charter & Fed member
active
www.needhambank.com
Massachusetts
Norfolk
Needham
(SM) Commercial bank, state charter & Fed member
active
26483
1892
FDIC Certificate Number: 26483
FDIC's unique number: 33149
The FDIC Field Office where an institution is physically located: South Boston
Federal Reserve ID Number: 339773
Report Date: 2011-06-30
Bank Charter Class: SM
Number of Domestic Offices: 5
Number of Foreign Offices: 0
The date of the last data update: 2008-03-28
1892-01-01 Institution established but was not FDIC insured. Original name: The Needham Co-operative Bank.
1986-01-13 Became FDIC insured.
2007-03-30 Acquired Dedham Co-operative Bank in Dedham, Massachusetts.
2007-03-30 Changed name to The Needham Bank .
2008-03-25 Changed primary regulatory agency from Federal Deposit Insurance Corporation to Federal Reserve Board.
2008-03-25 Changed institution class to Insured Commercial Banks, State, Members Frs.
Total assets: $1,171,755,000
Total deposits: $865,662,000
Deposits held in domestic offices: $865,662,000
Equity capital: $194,162,000
Net income: $3,877,000
Return on Assets: 0.66
Return on Equity: 4.03
Last updated on: 2011-10-20
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Profile ID: LFUS-BAB-P-12017