Westfield Bank

Westfield, MA
IDRSSD: 892205
Total Assets
$2.73B
Latest filing
Total Deposits
$2.36B
Latest filing
Net Interest Margin
3.00%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

211871604WESTFIELD, MA

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
Westfield Bank
141 Elm St
Westfield, MA 01085
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/15/1853FDIC Certificate 17889

Branches (26)

Page 1 of 4
NameAddressCity / State
Westfield Bank (Main)141 Elm StWestfield, MA
CHICOPEE BRANCH OFFICE70 Center StChicopee, MA
MEMORIAL DRIVE BRANCH599 Memorial DrChicopee, MA
EAST STREET BRANCH569 East StChicopee, MA
BURNETT ROAD BRANCH241 Burnett RdChicopee, MA
DRIVE-UP FACILITY26 Arnold StWestfield, MA
WEST SPRINGFIELD BRANCH206 Park StWest Springfield, MA
AGAWAM BRANCH655 Main StAgawam, MA
Showing 7 of 26

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassFederal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS
Primary RegulatorOCC
Established Date04/15/1853
Community BankYes
Ownership TypeNot Mutual
ZIP01085
State and County Number25013
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code33
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameSpringfield, MA

Operational Info

Number of Employees314
Domestic Offices27
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.westfieldbank.com
Data Updated01/30/2026
CERT90300
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.73B
Total Deposits$2.36B
Total Liabilities$2.48B
Total Equity Capital$252.55M
Net Income$5.82M
Net Loans and Leases$2.16B
Assets Per Employee ($Millions)$8.6M
Bank Premises and Fixed Assets$29.33M
Cash and Balances due from Depository Institutions$37.54M
Deposits Held in Domestic Offices$2.36B

Key Performance Ratios

Return on Assets (ROA)0.85%
Return on Equity (ROE)9.3%
Net Interest Margin3%
Efficiency Ratio68.52%
Tier 1 Risk-Based Capital Ratio12.456%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.237%
Earning Assets to total Assets93.39%

Income and Expense

Total Interest Income$30.53M
Total Noninterest Income$3.18M
Total Interest Expense$11.45M
Total Noninterest Expense$15.35M
Net Interest Income$19.08M
Pre-tax Net Operating Income$7.40M
Provision for Credit Losses$-485,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$86.27M
Federal Funds Sold & Reverse Repurchase Agreement$2.23M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$27.29M
Total Liabilities and Capital$2.73B

Securities

Securities$365.23M
Available-for-sale debt securities$175.80M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$188.80M
Subordinated Debt$0
Trading Account Assets$4.96M
Trading Liabilities$4.96M

Frequently Asked Questions

What are the total assets of Westfield Bank?
$2.73B as of the latest filing.
How much are Westfield Bank's total deposits?
$2.36B in total deposits.
Where is Westfield Bank located?
Westfield, MA.
What is the Net Interest Margin?
3.00%.
How many domestic offices does it operate?
27.
When was it established?
04/15/1853.
What is the Return on Assets (ROA)?
0.85%.
How much are total loans and leases?
$2.16B (latest filing).
What is the total interest income (latest filing)?
$30.53M.