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About Randolph Bancorp, Inc.
Randolph Bancorp, Inc. is a bank holding company, which engages in the provision of banking services through its subsidiary, Envision Bank. The company is headquartered in Quincy, Massachusetts and currently employs 170 full-time employees. The company went IPO on 2016-07-01. The Bank is a state-chartered savings bank. The firm operates through two segments: Envision Bank (EB) and Envision Mortgage (EM). EB segment consist of accepting deposits from customers within the communities surrounding the Bank’s five full-service branch offices, through the Internet, and investing those funds in residential and commercial real estate loans, home equity lines of credit, construction loans, commercial and industrial loans, and consumer loans. Its EM segment consist of the origination and sale of residential mortgage loans and the servicing of loans sold to government-sponsored entities. Its primary deposit-taking market is Norfolk County, Massachusetts. Its primary lending market is based in Bristol, Essex, Middlesex, Norfolk, Plymouth, Suffolk and Worcester counties in Massachusetts, Kent, Newport, Providence, and Washington counties in Rhode Island and Hillsborough.
Industry: State Commercial Banks Peers: Bogota Financial Corp. BV Financial, Inc. CF BANKSHARES INC. ECB Bancorp, Inc. /MD/ OP Bancorp Oconee Federal Financial Corp. Rocket Companies, Inc. SECURITY NATIONAL FINANCIAL CORP William Penn Bancorporation