Charles River Bank is a bank based in Medway, Massachusetts, established in 1915, with $330 million in total assets across 4 branches. By Trust Grade it ranks 89th of 91 banks we track in Massachusetts. Its capital ratio of 6.4% trails most similarly sized banks (4th percentile), versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.34% return on assets. No consumer complaints against Charles River Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Charles River Bank compares to Massachusetts peers
How we graded Charles River Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (6.4% capital ratio)
- Profitable (ROA 0.34%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Charles River Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 70 Main St, Medway, MA 02053
- 88 Summer St, Medway, MA 02053
- 3 S Maple St, Bellingham, MA 02019
- 1 Hastings St, Mendon, MA 01756
Are deposits at Charles River Bank insured?
Yes. Charles River Bank is an FDIC-insured bank (FDIC certificate #26602). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Charles River Bank: frequently asked questions
Is Charles River Bank a good bank?
Charles River Bank earns a Bankzia Trust Grade of B (80/100, "Strong"), based on a financial-strength score of 80/100 (it has no CFPB complaints on record). Well-capitalized (6.4% capital ratio); Profitable (ROA 0.34%).
Is Charles River Bank FDIC-insured?
Yes. Charles River Bank is a FDIC-insured bank (FDIC certificate #26602). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Charles River Bank?
Charles River Bank holds $330 million in total assets, ranking 89th of 91 banks we track in Massachusetts. It operates 4 branches.
Does Charles River Bank have CFPB complaints?
No CFPB complaints against Charles River Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
