This institution is no longer active

Operations ceased on September 30, 1994. CRA examination history below reflects the period it was active.

WEST NEWTON SAVINGS BANK

WEST NEWTON, MA · Supervised by FDIC

Est. 1887FDIC #90,302RSSD: FDIC-90302

Outstanding

Current rating · Exam: November 1993

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Contact & Details

FDIC BankFind

Address

1314 Washington Street, WEST NEWTON, MA

County

Middlesex County

Established

January 1, 1887

Total Assets

$254M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

November 1, 1993

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 32 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q2 1994Call Report / FDIC

Total Assets

$254M

Total Deposits

$222M

Net Loans

$152M

Net Income

$1M

ROA

0.95%

Above avg for Small banks. Peer avg: 0.44%

ROE

9.85%

Risk-Based Capital

24.99%

Above avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA0.95%Peer avg: 0.44%▲ Above avg

Risk-Based Capital24.99%Peer avg: 23.03%▲ Above avg

Unlock peer list → See which specific banks are in this peer group.

This is the only examination on record for this bank.

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