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Everett Co-Operative Bank

Everett, MA · Est. 1890 · Website ↗
A
Trust Grade
Excellent
Score: 94/100

Everett Co-Operative Bank is a bank based in Everett, Massachusetts, established in 1890, with $1.6 billion in total assets across 3 branches. By Trust Grade it ranks 33rd of 91 banks we track in Massachusetts. Its capital ratio of 9.6% trails most similarly sized banks (36th percentile), versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.76% return on assets. No consumer complaints against Everett Co-Operative Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$1.6B
$1B–10B institution
Deposits
$1.2B
Branches
3
Capital ratio
9.6%
Bottom 36% of $1B–10B peers · Massachusetts median 10.2%
Return on assets
0.8%
Bottom 19% of $1B–10B peers · Massachusetts median 0.53%
Rank in Massachusetts
#33
of 91 banks

How Everett Co-Operative Bank compares to Massachusetts peers

Capital ratio
Bottom 36% of $1B–10B peers
Everett Co-Operative
9.6%
Massachusetts median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 19% of $1B–10B peers
Everett Co-Operative
0.8%
Massachusetts median
0.5%
Higher ROA = more profitable relative to asset base

How we graded Everett Co-Operative Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
94/100
Customer experience
n/a
Overall
A · 94
  • Strongly capitalized (9.6% capital ratio)
  • Profitable (ROA 0.76%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Everett Co-Operative Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (3)

  • 419 Broadway, Everett, MA 02149
  • 771 Salem St, Lynnfield, MA 01940
  • 331 Montvale Ave, Woburn, MA 01801

Are deposits at Everett Co-Operative Bank insured?

Yes. Everett Co-Operative Bank is an FDIC-insured bank (FDIC certificate #26444). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Everett Co-Operative Bank: frequently asked questions

Is Everett Co-Operative Bank a good bank?

Everett Co-Operative Bank earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (9.6% capital ratio); Profitable (ROA 0.76%).

Is Everett Co-Operative Bank FDIC-insured?

Yes. Everett Co-Operative Bank is a FDIC-insured bank (FDIC certificate #26444). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Everett Co-Operative Bank?

Everett Co-Operative Bank holds $1.6 billion in total assets, ranking 33rd of 91 banks we track in Massachusetts. It operates 3 branches.

Does Everett Co-Operative Bank have CFPB complaints?

No CFPB complaints against Everett Co-Operative Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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