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List of Participating Banks in the Small Business Banking Partnership

We invest state cash deposits under the control of the Treasurer of Massachusetts with banks that are willing to expand their small business lending.

A note to potential small business 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.

Overview

A note to potential small business 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.

Map of Participating Banks

View the map of banks participating in the Small Business Banking Partnership.

Participating Banks and Loans Issued

City/Town

Bank Name

Deposit

No. of Loans as of 03/31/2018

Arlington Leader Bank, N.A. $10,000,000.00 448
Belmont Belmont Savings Bank $10,000,000.00 28
Beverly Beverly Bank $10,000,000.00 601
Boston East West Bank $10,000,000.00 60
Boston Radius Bank $10,000,000.00 244
Brockton HarborOne Bank $5,000,000.00 224
Cambridge Cambridge Savings Bank $5,000,000.00 161
Danvers People's United Bank $10,000,000.00 62
East Boston East Boston Savings Bank $10,000,000.00 225
East Cambridge East Cambridge Savings Bank $10,000,000.00 133
Easthampton Easthampton Savings Bank $10,000,000.00 339
Everett Everett Co-operative Bank $10,000,000.00 402
Fall River BankFive $5,000,000.00 28
Fall River BayCoast Bank $10,000,000.00 24
Gloucester BankGloucester $10,000,000.00 141
Greenfield Greenfield Co-operative Bank $2,000,000.00 132
Greenfield Greenfield Savings Bank $5,000,000.00 599
Haverhill Haverhill Bank $5,000,000.00 132
Haverhill Pentucket Bank $5,000,000.00 284
Leominster Fidelity Bank $5,000,000.00 184
Lowell Lowell Five Cent Savings Bank, The $10,000,000.00 215
Mansfield Mansfield Bank $10,000,000.00 49
Marlborough Main Street Bank $10,000,000.00 145
Newton Village Bank, The $2,000,000.00 162
North Adams MountainOne Bank $10,000,000.00 814
Oxford Hometown Bank $10,000,000.00 290
Pittsfield Berkshire Bank $10,000,000.00 607
Randolph Envision Bank $5,000,000.00 32
Reading Reading Co-operative Bank $10,000,000.00 152
Rockland Rockland Trust Company $5,000,000.00 5,797
South Weymouth South Shore Bank $10,000,000.00 482
Southbridge Savers Co-operative Bank $10,000,000.00 171
Southbridge Cornerstone Bank $10,000,000.00 192
Stoneham StonehamBank, A Co-operative Bank $5,000,000.00 181
Taunton Bristol County Savings Bank $10,000,000.00 420
Wakefield Savings Bank, The $10,000,000.00 33
Walpole Walpole Co-operative Bank $10,000,000.00 365
Westfield Westfield Bank $10,000,000.00 52
Whitman Mutual Bank $10,000,000.00 329
Worcester Bay State Savings Bank $5,000,000.00 127
       
  Totals $329,000,000.00 15,066
       
  Number of Banks 40  
       

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