Bank · FDIC insured
Charles River Bank
A $336.1M bank headquartered in Medway, MA, with 3 branches in Massachusetts. Best rates: CDs 3.75% and savings 0.10% APY.
Charles River Bank Carrot Score
64
Carrot Score
Higher than 12% of U.S. banks and credit unions
#121 of 141 in Boston, MA-NH metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Charles River Bank
Founded in 1915, Charles River Bank is an independent co-operative bank headquartered in Medway, Massachusetts.
The bank was established to provide opportunities for community members to achieve home ownership, reach financial goals, and improve their quality of life.
It focuses on fostering financial success for individuals, families, and small businesses while supporting its local communities.
- Headquarters
- 70 Main St, Medway, MA 02053
- FDIC certificate
- 26602 ↗
Branches
3 branches in Massachusetts
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Massachusetts
3 branches
Boston area · 2
- Charles River BankMain office70 Main St, Medway, MA 02053Directions
- Bellingham Branch3 S Maple St, Bellingham, MA 02019Directions
Worcester area · 1
- Charles River Bank Branch1 Hastings St, Mendon, MA 01756Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 7.93% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.47% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.41% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $74 | $81 | — |
- CapitalLeverage ratio7.93%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.47%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.41%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$74Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Charles River Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.