Winchester Bancorp Inc
What Do They Do?
Takes deposits from the public and lends to home buyers, property owners and businesses, including through home mortgages, commercial property loans and construction financing.
10-K for FY2026, filed Sep 16, 2026The Bank is a Massachusetts-chartered savings bank headquartered in Winchester, Massachusetts. The Bank was originally chartered in 1871…View ↗
The Bank's business consists primarily of taking deposits from the general public and investing those deposits, together with funds…View ↗
Our loan portfolio consists primarily of one- to four-family residential real estate loans, multi-family real estate loans, commercial real…View ↗
One- to Four-Family Residential Real Estate Lending. Our historical primary lending activity has been the origination of one- to…View ↗
We originate commercial real estate loans with rates that adjust after an initial fixed-rate period of generally one to five years. We…View ↗
Construction Lending. At June 30, 2026, we had $116.4 million in construction and land loans, representing 13.3% of our total loan…View ↗
How Do They Make Money?
Customers pay fees for deposit account services such as overdrafts and stop payments, generally when the transaction or service is completed.
10-K for FY2026, filed Sep 16, 2026Revenues for the Bank subject to ASC 606 include customer service fees in the consolidated statements of operations. These fees are made up…View ↗
$50.4M
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10-K for FY2026, filed Sep 16, 2026
$50.4M ↗
Who Are Their Customers?
Loan staff originate most loans, with referrals from existing customers, real estate brokers, accountants and other professionals.
10-K for FY2026, filed Sep 16, 2026Most of our loan originations are generated by our loan personnel and from referrals from existing customers, real estate brokers…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 9 cents of every revenue dollar as net income in FY2026.
10-K for FY2026, filed Sep 16, 2026
10-K for FY2026, filed Sep 16, 2026
$4.4MView ↗
How Are They Changing?
Growing. Revenue grew 45% in 2 years, from $34.9M in FY2024 to $50.4M in FY2026, about 20% a year.
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