Company Information

Get to know Florence Bank

Founded in 1873, Florence Bank is a mutually-owned savings bank headquartered in Florence, Massachusetts. As a mutual institution, it is owned by its depositors rather than stockholders, allowing it to focus on the long-term interests of its customers and the community. The bank is committed to local decision-making and reinvesting in the region it serves, offering a comprehensive suite of financial products including personal and business checking and savings accounts, mortgages, consumer and commercial loans, and digital banking solutions.

Industry

Financial BankingPRIMARY
Financial Insurance
Financial Other Service

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Florence Bank

United States

Founded in

1873 (153 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.