Milford Savings Bank

Milford Savings Bank Overview

Milford Savings Bank, founded in April 24, 1851, is currently an active FDIC insured bank. The chartering agency for Milford Savings Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Milford Savings Bank has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Milford Savings Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 30, 1986.

Address Location and Maps for Milford Savings Bank

Bank Name Milford Savings Bank FDIC Bank Location for Milford Savings Bank
Address 232 Main Street
Milford, MA 1757
County: Worcester
Bank’s State: Massachusetts
Website: Unknown


Milford Savings Bank Detailed Information

FDIC Certificate ID 90242
Bank Institution Name Milford Savings Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 8403
Total Assets $328,062,000
Total Deposits $297,787,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class SB – Savings Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State Charer.
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured Yes, FDIC insured bank is a member of the Bank Insurance Fund
Bank Insurance Fund BIF – Bank Insurance Fund
Date of Deposit Insurance January 30, 1986
Change Code 211
Change Code Description Absorption – FDIC Insured Bank Assisted
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks No
FDIC Supervisory Region New York
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Worcester
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Milford Savings Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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