Dean Co-operative Bank


Dean Co-operative Bank is an FDIC insured institution headquartered at 21 Main St, Franklin, MA 02038.
It was founded in 1889 and has approximately $0 billion in assets. Customers can open an account at one of its 4 branches.

Deposit Rates - February 5, 2025

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27269
Date Established 1889
Assets $ 471.03 million
Loans $ 320.98 million
Deposits $ 398.33 million
Capital $ 30.19 million

Summary Balance Sheet as of September 30, 2024

ASSETS
Cash & Balances due from depository institutions $ 18.73 million
Interest-bearing balances $ 16.20 million
Total securities $ 109.42 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 320.98 million
Loan loss allowance $ 3.22 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.04 million
All other assets $ 13.90 million
     Total Assets $ 440.84 million

LIABILITIES
Total deposits $ 398.33 million
      Interest-bearing deposits $ 273.54 million
      Deposits held in domestic offices $ 398.33 million
      % insured (estimated) 82.56%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 4.30 millionn
      Total Liabilities $ 440.84 million
      Shareholders’ Equity $ 30.19 million

Summary Income Statement as of September 30, 2024

INCOME AND EXPENSES
Total Interest Income $ 13.70 million
Total Interest Expense $ 4.96 million
Net interest income $ 8.74 million
Provision for loan and lease losses N.A.
Total non interest income $ 2.36 million
Total non interest expense $ 10.77 million
Pre-tax Net Operating Income $ 1.61 million

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Branches

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Dean Co-operative Bank Locations