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  • Division of Banks

2022 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 2022 published rating

Athol Credit Union Athol


Alden Credit Union Chicopee S
Brookline Municipal Credit Union Brookline S
Charles River Bank Medway S

Cornerstone Bank

Worcester HS
Dean Co-operative Bank Franklin  S
Dedham Institution for Savings Dedham S
Fidelity Co-operative Bank Leominster S
Freedom Credit Union Springfield S
Eagle Bank Everett S
Eastern Bank Boston O
Hingham Institution for Savings Hingham HS
Quincy Credit Union Quincy S
Jeanne D'Arc Credit Union Lowell O
Liberty Bay Credit Union Braintree HS
Mechanics Cooperative Bank Taunton HS
MutualOne Bank Framingham S
Newburyport Five Cents Savings Bank Newburyport S


Holyoke S

Sharon & Crescent United Credit Union

Sharon S
St. Anne's Credit Union of Fall River Fall River HS

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: August 1, 2022