Mayflower Bank was organized on May 1,1889 as a Massachusetts chartered co-operative bank. On December 23, 1987, the Bank converted to a public company and today continues to operate as a Massachusetts chartered co-operative bank in stock form.
Originally founded to foster the goal of affordable home ownership, Mayflower's primary business remains the acquisition of funds in the form of deposits from the general public, and the issuance of mortgages for the construction, purchase and refinancing of residential and commercial real estate as well as other commercial and consumer loans of various types.
The Bank offers a variety of deposit accounts to individuals and commercial customers. On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009. The Share Insurance Fund (SIF) of The Co-operative Central Bank insures all additional deposits.
Market Summary
Trading Symbol
MFLR
Exchange
NASDAQ
Market Value ($M)
16.66
Stock Quote
$ 7.99
Change
$ 0.09 1.14
%
Volume
200
As of July 30, 2010 Minimum 20 minute delay.
Mayflower Co-operative Bank 30 South Main Street P.O. Box 311 Middleboro, MA 02346 (508) 947-4343
