• This page, 2019 Institutions Examined for CRA Compliance, is offered by
  • Division of Banks

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
Abington Bank Abington     S
Adams Community Bank Adams     S
Avidia Bank Hudson     S
BankFive Fall River     O
Bank of Easton, a Co-operative Bank Easton     S
Berkshire Bank Pittsfield     S
Billerica Municipal Employees Credit Union Billerica     S
Boston Private Bank & Trust Company Boston     O
Boston Trust & Investment Management Company Boston     S
Bristol County Savings Bank Taunton    HS
Cape Ann Savings Bank Gloucester     S
Clinton Savings Bank Clinton     S
Coastal Heritage Bank Weymouth     S
Cornerstone Bank Spenser    HS
Country Bank for Savings Ware     S
Credit Union of the Berkshires Pittsfield     S
Dean Co-operative Bank Franklin    HS
Eagle Bank Everett     S
Everett Co-operative Bank Everett     S
Fall River Municipal Credit Union Fall River    HS
Fidelity Co-operative Bank Fitchburg    HS
First Ipswich Bank Ipswich     S
Freedom Credit Union Springfield     S
Gloucester Fire Department Credit Union Gloucester     S
Gloucester Municipal Employees Credit Union Gloucester     S
Haverhill Fire Department Credit Union Haverhill     S
Holyoke Postal Credit Union Holyoke     S
Homefield Credit Union North Grafton     S
Jeanne D'Arc Credit Union Lowell     O
Lee Bank Lee     S
Main Street Bank Marlborough     S
Members Plus Credit Union Medford     S
Millbury Savings Bank Millbury     S
Monson Savings Bank Monson     S
Newburyport Five Cents Savings Bank Newburyport     S
North Brookfield Savings Bank North Brookfield     S
North Shore Bank, a Co-operative Bank Peabody     S
Northmark Bank North Andover    NI
Norwood Co-operative Bank Norwood     S
Patriot Bank Woburn     S
Pentucket Bank Haverhill     S
Polish National Credit Union Chicopee     S
Provident Bank, The Amesbury     S
Revere Firefighters Credit Union         Revere     S
Savings Bank, The Wakefield     S
Sharon Credit Union Sharon     S
Southern Mass Credit Union Fairhaven    HS
State Street Bank and Trust Company Boston     O
St. Anne's Credit Union of Fall River Fall River    HS
St. Jean's Credit Union Lynn     S
StonehamBank - A Co-operative Bank Stoneham     S
Watertown Savings Bank Watertown    HS
Webster Five Cents Savings Bank Webster    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 21, 2020