Bank · FDIC insured
Middlesex Federal Bank
A $654.4M bank headquartered in Somerville, MA, with 3 branches in Massachusetts. Best rates: savings 0.40% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: only special-purpose accounts (IRA, youth) are published. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs—3.51%CD rates →
- Savings760.40%at $1,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Middlesex Federal Bank
Middlesex Federal Savings, F.A. is located in Somerville, Massachusetts.
- Headquarters
- 1 College Ave, Somerville, MA 02144
- FDIC certificate
- 28368 ↗
Branches
3 branches in Massachusetts
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Massachusetts
3 branches
- Middlesex Federal Savings, F.A.Main office1 College Ave, Somerville, MA 02144Directions
- Riverside Ave Branch53 Riverside Ave, Medford, MA 02155Directions
- 1196 Broadway Branch1196 Broadway, Somerville, MA 02144Directions
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 | 9.97% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.04% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.14% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $93 | $81 | — |
- CapitalLeverage ratio9.97%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.04%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.14%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$93Peers’ 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 Middlesex Federal Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.