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 NameDepositNo. of  Loans as of 12/31/2015
ArlingtonLeader Bank NA$10,000,000.00277
AyerNorth Middlesex Savings Bank$5,000,000.00537
BelmontBelmont Savings Bank$10,000,000.0036
BeverlyBeverly Bank (Formerly Beverly Cooperative Bank)$10,000,000.00369
BostonEast West Bank$10,000,000.0042
BostonRadius Bank (formerly First Trade Union Bank)$10,000,000.00186
BrocktonHarborOne Bank $5,000,000.00139
 Cambridge Cambridge Savings Bank$5,000,000.00161
ChicopeeChicopee Savings Bank$10,000,000.00803
DanversPeople's United Bank $5,000,000.0047
DorchesterMeetinghouse Bank$3,000,000.006
East BostonEast Boston Savings Bank$10,000,000.00178
East CambridgeEast Cambridge Savings Bank$10,000,000.0088
EasthamptonEasthampton Savings$10,000,000.00259
EverettEverett Co-operative Bank$10,000,000.00309
Fall RiverBankFive$5,000,000.0027
Fall RiverBay Coast Bank (formerly Citizens-Union Savings Bank)$10,000,000.0024
FitchburgRollstone$2,500,000.00289
GloucesterBankGloucester$5,000,000.00125
GreenfieldGreenfield Co-operative Bank$2,000,000.00103
GreenfieldGreenfield Savings Bank$5,000,000.00319
HaverhillHaverhill Bank$5,000,000.0095
HaverhillPentucket Bank$10,000,000.00185
HudsonAvidia Bank$2,000,000.0028
HyannisBank of Cape Cod$10,000,000.00114
HyannisCape Cod Cooperative Bank$ 5MM Deposit Returned224
LeominsterFidelity Bank$5,000,000.00147
LowellLowell Five Cent Savings Bank$10,000,000.00168
LowellSage Bank (formerly Lowell Cooperative Bank)$ 5MM Deposit Returned16
LynnEastern Bank$ 5MM Deposit Returned28
Mansfield     Mansfield Bank        $5,000,000.0038
MarlboroughMarlborough Savings Bank$10,000,000.0074
MedfordCentury Bank and Trust Company$10,000,000.00478
NeedhamNeedham Bank$5,000,000.00388
NewburyportNewburyport Five Cents Savings Bank, The$10,000,000.00158
NewtonVillage Bank$2,000,000.00100
North AdamsMountainOne Bank (formerly Hoosac Bank & South Coastal Bank)$10,000,000.00612
OrleansCape Cod Five Cents Savings Bank$10,000,000.0065
OxfordHometown Bank, A Co-operative Bank$10,000,000.00223
PittsfieldBerkshire Bank (merged with Hampden Bank)$10,000,000.00328
Randolph Randolph Savings Bank$5,000,000.0012
ReadingReading Co-operative Bank$10,000,000.00122
RocklandRockland Trust Company$5,000,000.003,456
South WeymouthSouth Shore Savings Bank$10,000,000.00455
SouthbridgeSavers Co-operative Bank$10,000,000.00111
SouthbridgeSouthbridge Savings Bank$5,000,000.00128
SpringfieldHampden Bank Deposit Returned110
SpringfieldNuvo Bank and Trust Company$250,000.005
Stoneham Stoneham Bank $5,000,000.0053
TauntonBristol County Savings Bank$10,000,000.00327
TauntonMechanics' Co-operative Bank$5,000,000.00300
WakefieldSavings Bank, The$2,000,000.0023
WalpoleWalpole Co-operative  Bank$10,000,000.00249
WestfieldWestfield Bank$5,000,000.0052
WhitmanMutual Bank$5,000,000.00223
WorcesterBay State Savings Bank$5,000,000.00123
WorcesterCommerce Bank & Trust Company (formerly Mercantile Bank and Trust Company)$5,000,000.00852
    
    
     $373,750,000.00      14,394
      
 Number of Banks 53