Mission Statement

Natick Federal Savings Bank specializes in meeting the emerging needs of its customers and community by providing a safe place to deposit savings dollars, and being a source for economical home financing. Our mission is to provide outstanding customer service and deliver quality-banking products at exceptional values in an efficient and friendly atmosphere.

Bank Officers

Brian K. Peoples, President & CEO

Helen R. DeCosta, Senior Vice President

Francis P. Ciccarelli, Corporate Secretary  

Kevin M. Chandley, Treasurer

Donna Finneran, Assistant Vice President

Marilyn Gunrud-Turk, Assistant Vice President

Carol A. Irwin, Assistant Vice President

Patricia Pereira, Assistant Vice President

Board of Directors

Brian K. Peoples, Chairman of the Board

Francis P. Ciccarelli

Gary P. Hoyt

Richard V. Peristere

Richard H. Potter, Jr.

Robert J. Raider

Hollis E. Wilde, Jr.

Financial Highlights

STATEMENT OF CONDITION OF THE NATICK FEDERAL SAVINGS BANK

Incorporated 1886

As of December 31, 2010

The Federal Deposit Insurance Corporation (FDIC), an agency of the United States Government, insures all depositors up to $250,000 through December 31, 2013 in accordance with the rules and regulations of the FDIC. In addition, federal law provides for insurance coverage of up to $250,000 for “self directed” retirement accounts.

Footnote
Regulatory Capital (Net Worth): This statement has been prepared in accordance with the regulatory reporting requirements of the Office of Thrift Supervision (OTS). Tangible, Core, and Total Capital are the elements of regulatory capital determined under such reporting requirements. Regulatory capital is a basis by which the OTS determines whether a savings association is operating in a safe and sound manner.

Capital Required
As of December 31, 2009
(000′s omitted)

History of the Bank

Natick Federal Savings Bank was originally founded as a state chartered bank in October 1886 as the Henry Wilson Co-operative Bank. In February 1937 we became a Federal Chartered Savings & Loan Association known as Natick Federal Savings and Loan Association. Finally, in February 1986, our charter was amended to a Federal Mutual Charter and we became known as Natick Federal Savings Bank. While our name has changed, our commitment to the mutual form of banking and to the Natick community has remained constant, as we expect it to be in the future.

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Financial Information