NOTE TO POTENTIAL LOAN APPLICANTS

The Small Business Banking Partnership was created to help banks expand their small business loan programs. We did not require participating banks to create a special loan program for the Partnership. Some institutions have informed us that they will do so, but many banks may use the funds to extend their existing lending programs. Thus, loan officers may not have detailed knowledge of the Partnership.

The Office of the State Treasurer does not directly loan any funds and will not be involved in making any loan determinations. Thus, if you have an interest in seeking a loan under this program, then you should apply for a small business loan at a participating bank in the normal manner. If you have additional questions or concerns, please contact our office at (617) 367-3900 or partnership@tre.state.ma.us

SMALL BUSINESS BANKING PARTNERSHIP
PARTICIPATING BANKS

City/TownBank NameDepositLoans as of 6/30/2017
ArlingtonLeader Bank NA                                10,000,000.00                          398
AyerNorth Middlesex Savings Bank 10MM Deposit Returned                          617
BelmontBelmont Savings Bank                       10,000,000.00                            28
BeverlyBeverly Bank (Formerly Beverly Cooperative Bank)                                10,000,000.00                          551
BostonEast West Bank                                10,000,000.00                            60
BostonRadius Bank (formerly First Trade Union Bank)                                10,000,000.00                          218
BrocktonHarborOne Bank                                   5,000,000.00                          139
CambridgeCambridge Savings Bank                                  5,000,000.00                          161
ChicopeeChicopee Savings Bank (merged with Westfield Bank) Deposit Returned                          948
DanversPeople's United Bank                                 10,000,000.00                            52
DorchesterMeetinghouse Bank                                  3,000,000.00                              8
East BostonEast Boston Savings Bank                                10,000,000.00                          212
East CambridgeEast Cambridge Savings Bank                                10,000,000.00                          118
EasthamptonEasthampton Savings                                10,000,000.00                          320
EverettEverett Co-operative Bank                                10,000,000.00                          345
Fall RiverBankFive                                  5,000,000.00                            28
Fall RiverBay Coast Bank (formerly Citizens-Union Savings Bank)                                10,000,000.00                            24
FitchburgRollstone 2.5MM Deposit Returned                          289
GloucesterBankGloucester                                10,000,000.00                          132
GreenfieldGreenfield Co-operative Bank                                  2,000,000.00                          126
GreenfieldGreenfield Savings Bank                                  5,000,000.00                          498
HaverhillHaverhill Bank                                  5,000,000.00                          119
HaverhillPentucket Bank                                  5,000,000.00                          241
HudsonAvidia Bank2MM Deposit Returned                            28
HyannisBank of Cape Cod10MM Deposit Returned                          114
HyannisCape Cod Cooperative Bank5MM Deposit Returned                          224
LeominsterFidelity Bank                                  5,000,000.00                          179
LowellLowell Five Cent Savings Bank                                10,000,000.00                          191
LowellSage Bank (formerly Lowell Cooperative Bank)5MM Deposit Returned                            16
LynnEastern Bank5MM Deposit Returned                            28
Mansfield     Mansfield Bank                                        10,000,000.00                            44
MarlboroughMain Street Savings (Formerly Marlborough Bank and North Middlesex Savings)                                10,000,000.00                            87
MedfordCentury Bank and Trust Company10MM Deposit Returned                          573
NeedhamNeedham Bank 5MM Deposit Returned                          407
NewburyportNewburyport Five Cents Savings Bank, The 10MM Deposit Returned                          158
NewtonVillage Bank                                  2,000,000.00                          136
North AdamsMountainOne Bank (formerly Hoosac Bank & South Coastal Bank)                                10,000,000.00                          765
OrleansCape Cod Five Cents Savings Bank 10MM Deposit Returned                            65
OxfordHometown Bank, A Co-operative Bank                                10,000,000.00                          278
PittsfieldBerkshire Bank (merged with Hampden Bank)                                10,000,000.00                          607
Randolph Randolph Savings Bank                                  5,000,000.00                            27
ReadingReading Co-operative Bank                                10,000,000.00                          138
RocklandRockland Trust Company                                  5,000,000.00                       5,011
South WeymouthSouth Shore Savings Bank                                10,000,000.00                          482
SouthbridgeSavers Co-operative Bank                                10,000,000.00                          147
SouthbridgeCornerstone Bank (Formerly South Bridge Savings)                                10,000,000.00                          159
SpringfieldHampden Bank Deposit Returned                          110
SpringfieldNuvo Bank and Trust Company 250,000 Deposit Returned                              5
Stoneham Stoneham Bank                                   5,000,000.00                          104
TauntonBristol County Savings Bank                                10,000,000.00                          397
TauntonMechanics' Co-operative Bank5MM Deposit Returned                          377
WakefieldSavings Bank, The                                10,000,000.00                            26
WalpoleWalpole Co-operative  Bank                                10,000,000.00                          330
WestfieldWestfield Bank                                10,000,000.00                            52
WhitmanMutual Bank                                10,000,000.00                          290
WorcesterBay State Savings Bank                                  5,000,000.00                          124
WorcesterCommerce Bank & Trust Company (formerly Mercantile Bank and Trust Company)                                  5,000,000.00                          916
    
                               337,000,000.00                             18,227
    
 No. of Banks42