Fall River Five Cents Savings Bank

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Fall River Five Cents Savings Bank Locations

Deposit Rates - March 1, 2021

SAVINGS RATES APY MIN MAX
Savings
0.05% $2,500 $4,999 Compare
CD RATES APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Compare
6 Mo CD
0.50% $100,000 $199,999 Compare
12 Mo CD
0.40% $10,000 $14,999 Compare
12 Mo CD
0.40% $100,000 $199,999 Compare
18 Mo CD
0.50% $10,000 $14,999 Compare
18 Mo CD
0.50% $100,000 $199,999 Compare
24 Mo CD
0.65% $10,000 $14,999 Compare
24 Mo CD
0.65% $100,000 $199,999 Compare
30 Mo CD
0.75% $10,000 $14,999 Compare
30 Mo CD
0.75% $100,000 $199,999 Compare
36 Mo CD
0.80% $10,000 $14,999 Compare
36 Mo CD
0.80% $100,000 $199,999 Compare
48 Mo CD
1.15% $10,000 $14,999 Compare
48 Mo CD
1.15% $100,000 $199,999 Compare
60 Mo CD
1.00% $10,000 $14,999 Compare
60 Mo CD
1.00% $100,000 $199,999 Compare
MM RATES APY MIN MAX
Money Market
0.10% $2,500 $2,999 Compare
Money Market
0.10% $10,000 $14,999 Compare
Money Market
0.10% $25,000 $29,999 Compare
INT CHECKING RATES APY MIN MAX
Int Ckg
0.05% $2,500 $3,499

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 23286
Date Established 1855
Assets $ 1,216.89 million
Loans $ 909.58 million
Deposits $ 1,063.53 million
Capital $ 99.29 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 61.67 million
Interest-bearing balances $ 46.67 million
Total securities $ 193.00 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 909.58 million
Loan loss allowance $ 6.61 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 3.29 million
All other assets $ 34.74 million
     Total Assets $ 1,117.60 million

LIABILITIES
Total deposits $ 1,063.53 million
      Interest-bearing deposits $ 851.28 million
      Deposits held in domestic offices $ 1,063.53 million
      % insured (estimated) 78.33%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 43.83 million
Subordinated debt N.A.
All other liabilities $ 10.24 millionn
      Total Liabilities $ 1,117.60 million
      Shareholders’ Equity $ 99.29 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 29.46 million
Total Interest Expense $ 7.48 million
Net interest income $ 21.98 million
Provision for loan and lease losses $ 0.63 million
Total non interest income $ 15.53 million
Total non interest expense $ 29.74 million
Pre-tax Net Operating Income $ 7.14 million

Fall River Five Cents Savings Bank is an FDIC insured institution headquartered at 79 North Main Street, Fall River, MA 2720.
It was founded in 1855 and has approximately $1 billion in assets. Customers can open an account at one of its 15 branches.