Rockland Savings Bank, Fsb is a savings bank, state charter, supervised by the fdic. established in 01/01/1888.
With assets of $89.92 Million, it operates 1 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: September 12, 2022
Outstanding
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
September 12, 2022
Outstanding
September 4, 2018
Satisfactory
May 12, 2014
Satisfactory
💰 Financial Strength
Total Assets$89.92 Million
Total Deposits$79.94 Million
Equity Capital$9.36 Million
Net Income$-94,000
📈 Performance
ROA-0.14%
ROE-1.33%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.