Bank · FDIC insured
Milford Federal
A $545.1M bank headquartered in Milford, MA, with 4 branches in 2 states. Best rates: CDs 4.30% and savings 0.10% APY.
Milford Federal Carrot Score
76
Carrot Score
Higher than 41% of U.S. banks and credit unions
#22 of 41 in Worcester, MA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Milford Federal
Milford Federal Bank operates five branches.
- Headquarters
- 246 Main St, Milford, MA 01757
- FDIC certificate
- 29835 ↗
Branches
4 branches in 2 states
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Massachusetts
3 branches
- Milford Federal BankMain office246 Main St, Milford, MA 01757Directions
- Medway Rd Branch67 Medway Rd, Milford, MA 01757Directions
- Whitinsville Branch1271 Providence Rd, Whitinsville, MA 01588Directions
Rhode Island
1 branch
- - Woonsocket Plaza Branch2020 Diamond Hill Rd, Woonsocket, RI 02895Directions
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 | 11.94% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.40% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.33% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $103 | $81 | — |
- CapitalLeverage ratio11.94%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.40%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.33%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$103Peers’ 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 Milford Federal are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.