Institutions with a 2022 published rating
INSTITUTION | LOCATION | RATING |
Athol Credit Union | Athol | HS |
Brookline Municipal Credit Union | Brookline | S |
Cornerstone Bank |
Worcester | HS |
Dean Co-operative Bank | Franklin | S |
Dedham Institution for Savings | Dedham | S |
Eastern Bank | Boston | O |
Hingham Institution for Savings | Hingham | HS |
Quincy Credit Union | Quincy | S |
Jeanne D'Arc Credit Union | Lowell | O |
PeoplesBank |
Holyoke | S |
Sharon & Crescent United Credit Union |
Sharon | S |
Worcester Fire Department Credit Union |
Worcester | 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: | June 1, 2022 |
---|