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Country Bank For Savings

Ware, MA · Est. 1850 · Website ↗
A
Trust Grade
Excellent
Score: 95/100

Country Bank For Savings is a bank based in Ware, Massachusetts, established in 1850, with $2.2 billion in total assets across 15 branches. By Trust Grade it ranks 25th of 91 banks we track in Massachusetts. Its capital ratio of 14.1% is stronger than 91% of similarly sized banks, versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.68% return on assets. No consumer complaints against Country Bank For Savings appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$2.2B
$1B–10B institution
Deposits
$1.7B
Branches
15
Capital ratio
14.1%
Top 9% of $1B–10B peers · Massachusetts median 10.2%
Return on assets
0.7%
Bottom 16% of $1B–10B peers · Massachusetts median 0.53%
Rank in Massachusetts
#25
of 91 banks

How Country Bank For Savings compares to Massachusetts peers

Capital ratio
Top 9% of $1B–10B peers
Country Bank
14.1%
Massachusetts median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 16% of $1B–10B peers
Country Bank
0.7%
Massachusetts median
0.5%
Higher ROA = more profitable relative to asset base

How we graded Country Bank For Savings

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

Financial strength
95/100
Customer experience
n/a
Overall
A · 95
  • Strongly capitalized (14.1% capital ratio)
  • Profitable (ROA 0.68%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (15)

  • 155 West St, Ware, MA 01082
  • 1084 Main St, Leicester, MA 01524
  • 1485 N Main St, Palmer, MA 01069
  • 21 N Main St, Belchertown, MA 01007
  • 2379 Boston Rd, Wilbraham, MA 01095
  • 9 Main St Side, Brimfield, MA 01010
  • 8 W Main St, West Brookfield, MA 01585
  • 64 Cherry St, Ludlow, MA 01056
  • 687 Pleasant St, Paxton, MA 01612
  • 37 Worcester Rd, Charlton, MA 01507
  • 278 Park Ave, Worcester, MA 01609
  • 638 Chandler St, Worcester, MA 01602
  • 1393 Grafton St., Worcester, MA 01604
  • 158 North Main Street, Uxbridge, MA 01569
  • 919 Shaker Rd, Longmeadow, MA 01106

Are deposits at Country Bank For Savings insured?

Yes. Country Bank For Savings is an FDIC-insured bank (FDIC certificate #23992). 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.

Country Bank For Savings: frequently asked questions

Is Country Bank For Savings a good bank?

Country Bank For Savings earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (14.1% capital ratio); Profitable (ROA 0.68%).

Is Country Bank For Savings FDIC-insured?

Yes. Country Bank For Savings is a FDIC-insured bank (FDIC certificate #23992). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Country Bank For Savings?

Country Bank For Savings holds $2.2 billion in total assets, ranking 25th of 91 banks we track in Massachusetts. It operates 15 branches.

Does Country Bank For Savings have CFPB complaints?

No CFPB complaints against Country Bank For Savings 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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