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2019 Institutions Examined for CRA Compliance

The Division of Banks (DOB) evaluates the institution's record of meeting the credit needs of its entire assessment area. This includes low and moderate-income neighborhoods, consistent with the safe and sound operation of the institution. When the examination is complete the DOB issues a rating and public evaluation.

Table of Contents

Institutions with a 2019 published rating

Institution Location Rating
Adams Community Bank Adams     S
Boston Private Bank & Trust Company Boston     O
Cape Ann Savings Bank Gloucester     S
Dean Co-operative Bank Franklin    HS
Fidelity Co-operative Bank Fitchburg    HS
Jeanne D'Arc Credit Union Lowell     O
Millbury Savings Bank Millbury     S
Newburyport Five Cents Savings Bank Newburyport     S
North Brookfield Savings Bank North Brookfield     S
Northmark Bank North Andover    NI
Revere Firefighters Credit Union         Revere     S
Sharon Credit Union Sharon     S
St. Anne's Credit Union of Fall River Fall River    HS
Wrentham Co-operative Bank Wrentham     S

Key to ratings

  • O - Outstanding
  • HS - High Satisfactory
  • S - Satisfactory
  • NI - Needs to Improve
  • SNC - Substantial Noncompliance

These ratings are not, nor should they be interpreted as an assessment of the financial condition of these institutions. The assigned ratings do not represent an analysis, conclusion, or opinion of the DOB concerning the safety and soundness of these financial institutions.

Public evaluations

The public portion of the evaluation generally contains:

  • The institution's CRA rating
  • A description of the financial institution
  • A description of the financial institution's assessment area
  • Conclusions about the institution's CRA performance, including the facts, data, and analyses that were used to form such conclusions

Most Massachusetts chartered banks are also examined for compliance with the Federal CRA by the Federal Deposit Insurance Corporation and the Federal Reserve System.

Last updated: April 1, 2019