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Melrose Bancorp Inc
638 Main Street
Phone: (781) 665-2500p:781 665-2500 Melrose, MA  02176-3127  United States

This company was Merged or Acquired on 3/11/2021.
This company ceased filing statements with the SEC on 7/18/2019.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company

Business Summary
Melrose Bancorp, Inc. is the bank holding company of Melrose Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its banking office in Melrose, Massachusetts. The Bank's primary business activity consists of taking deposits from the general public in its market area and investing those deposits, together with funds generated from operations. The Bank also offers online and mobile banking services. The Bank's principal lending activity is originating one- to four-family residential real estate loans, and home equity loans and lines of credit. Its investment portfolio consists primarily of corporate debt securities, the United States Government and federal agency obligations, preferred stock, mortgage-backed securities, municipal obligations and marketable equity securities. The Bank's primary source of funds for use in lending and investment activities is deposits.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/201912/31/2018YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Independent Chairman of the Board of company and Bank FrankGiso 66 1/1/1984 1/1/1984
President, Chief Executive Officer, Director of company and Bank Jeffrey D.Jones 52 1/1/2002 1/1/1987
Chief Financial Officer, Senior Vice President of company and Bank DianeIndorato 59 1/1/2002 1/1/2002
6 additional Officers and Directors records available in full report.

Business Names
Business Name
MELR
Melrose Bank

General Information
Number of Employees: 25 (As of 12/31/2014)
Outstanding Shares: 2,323,771 (As of 5/10/2019)
Stock Exchange: OTC
Federal Tax Id: 470967316


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Friday, July 21, 2023