Rollstone Bank Assets Increase 4 Perc...

Rollstone Bank Assets Increase 4 Percent In 2012

There are 10 comments on the Banker & Tradesman story from Mar 1, 2013, titled Rollstone Bank Assets Increase 4 Percent In 2012. In it, Banker & Tradesman reports that:

Fitchburg-based Rollstone Bancorp MHC, a wholly owned subsidiary of Rollstone Bancorp MHC, said that assets last year grew to $554.6 million, up 4 percent from $532.9 million the year before.

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Jtn

Concord, MA

#1 Mar 2, 2013
Corrupt bank
sosad

Gardner, MA

#2 Mar 3, 2013
non thinker
Mr Wong

Concord, MA

#3 Mar 3, 2013
sosad wrote:
non thinker
ding dong
Mr Wong

Concord, MA

#4 Mar 3, 2013
I lost all my money at the bank,playing the banker

Since: Feb 10

Location hidden

#5 Mar 3, 2013
Is it any wonder why this Bank chose to re-name itself Rollstone Bank after all those years being named Fitchburg Savings Bank?
What is it

Gardner, MA

#6 Mar 3, 2013
Stamos wrote:
Is it any wonder why this Bank chose to re-name itself Rollstone Bank after all those years being named Fitchburg Savings Bank?
Kinda is a wonder, why don't you tell us what's wrong woth this Bank?

"Noting that the bank had weathered the economic storm through safe and sound business practices, Rollstone Bank & Trust President and CEO Martin F. Connors Jr. reported a capital ratio that reached 9.36 percent, almost twice the required 5 percent."

Doing pretty well, what's your beef?

Since: Feb 10

Location hidden

#8 Mar 3, 2013
I have no beef with the bank. I think they made a great decision changing the name and disassociating themselves with Fitchburg.
I believe it's Jtn (AKA the Wanna-be Mayor) who has the problem with it. They probably denied him a loan. He seems to have a problem with his credit.
They're actually a very reputable bank in my opinion.
Say what

Leominster, MA

#9 Mar 3, 2013
In short the bank inherited a bunch of foreclosed property so they look good on paper. Right now they own more property than Donald Trump. Problem is nobody is buying so they have to sit on it for awhile. I built an igloo in my back yard and I still can't rent it out even though I say it comes with free air conditioning
Leo

Bronx, NY

#10 Mar 21, 2013
Inherited foreclosure property? That makes no sense. It changed name only - same people, same bank. This institution does lots for the community. It is solid.
Something fishy

Fitchburg, MA

#11 Mar 22, 2013
Stamos wrote:
I have no beef with the bank. I think they made a great decision changing the name and disassociating themselves with Fitchburg.
I believe it's Jtn (AKA the Wanna-be Mayor) who has the problem with it. They probably denied him a loan. He seems to have a problem with his credit.
They're actually a very reputable bank in my opinion.
I don't have a problem with this bank! But something smells fishy here. Is there something that we should know about this banks practices?

"Assets"? HUH? Forclosed property's? I am just collecting all this information out here. The bank as many other banks not lending money out? Collecting forclosed properties?

I thought forclosures were loses for a bank! Property values are down by atleast 30% in Fitchburg.

Wait let me get a pen as all this information is causing me to need a calculator and a pen and paper.

So, why again should Lynch be concerned with this bank?

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