Melrose Bank is an FDIC insured institution headquartered at
638 Main Street, Melrose, MA 02176.
It was founded in
1890 and has approximately $0 billion in assets. Customers can open an account at one of its 1 branches.
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Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Overview 2026
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 26511
Date Established
1890
Assets
$ 336.84 million
Loans
$ 282.55 million
Deposits
$ 274.98 million
Capital
$ 31.09 million
Summary Balance Sheet as of December 31, 2025
ASSETS
Cash & Balances due from depository institutions
$ 14.36 million
Interest-bearing balances
$ 9.84 million
Total securities
$ 18.14 million
Federal funds sold and reverse repurchase
$ 10.75 million
Net loans and leases
$ 282.55 million
Loan loss allowance
$ 1.57 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
$ 10.54 million
Total Assets
$ 307.74 million
LIABILITIES
Total deposits
$ 274.98 million
Interest-bearing deposits
$ 251.86 million
Deposits held in domestic offices
$ 274.98 million
% insured (estimated)"
89.91%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 31.92 million
Subordinated debt
N.A.
All other liabilities
$ 0.85 millionn
Total Liabilities
$ 307.74 million
Shareholders’ Equity
$ 29.10 million
Summary Income Statement as of December 31, 2025
INCOME AND EXPENSES
Total Interest Income
$ 3.00 million
Total Interest Expense
$ 1.25 million
Net interest income
$ 1.75 million
Provision for loan and lease losses
N.A.
Total non interest income
$ 0.40 million
Total non interest expense
$ 1.54 million
Pre-tax Net Operating Income
$ 0.63 million
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