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 12/31/2017

Arlington Leader Bank, N.A. $10,000,000.00 429
Belmont Belmont Savings Bank $10,000,000.00 28
Beverly Beverly Bank $10,000,000.00 590
Boston East West Bank $10,000,000.00 60
Boston Radius Bank $10,000,000.00 230
Brockton HarborOne Bank $5,000,000.00 186
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 (Merged with Meetinghouse Bank) $10,000,000.00 218
East Cambridge East Cambridge Savings Bank $10,000,000.00 128
Easthampton Easthampton Savings Bank $10,000,000.00 335
Everett Everett Co-operative Bank $10,000,000.00 383
Fall River BankFive $5,000,000.00 28
Fall River BayCoast Bank $10,000,000.00 24
Gloucester BankGloucester $10,000,000.00 140
Greenfield Greenfield Co-operative Bank $2,000,000.00 131
Greenfield Greenfield Savings Bank $5,000,000.00 561
Haverhill Haverhill Bank $5,000,000.00 130
Haverhill Pentucket Bank $5,000,000.00 271
Leominster Fidelity Bank $5,000,000.00 182
Lowell Lowell Five Cent Savings Bank, The $10,000,000.00 203
Mansfield Mansfield Bank $10,000,000.00 48
Marlborough Main Street Bank $10,000,000.00 125
Newton Village Bank, The $2,000,000.00 153
North Adams MountainOne Bank $10,000,000.00 798
Oxford Hometown Bank $10,000,000.00 285
Pittsfield Berkshire Bank (merged with Hampden Bank and Commerce Bank) $10,000,000.00 607
Randolph Randolph Savings Bank $5,000,000.00 31
Reading Reading Co-operative Bank $10,000,000.00 148
Rockland Rockland Trust Company $5,000,000.00 5,506
South Weymouth South Shore Bank $10,000,000.00 482
Southbridge Savers Co-operative Bank $10,000,000.00 162
Southbridge Cornerstone Bank $10,000,000.00 187
Stoneham StonehamBank, A Co-operative Bank $5,000,000.00 153
Taunton Bristol County Savings Bank $10,000,000.00 414
Wakefield Savings Bank, The $10,000,000.00 31
Walpole Walpole Co-operative Bank $10,000,000.00 355
Westfield Westfield Bank $10,000,000.00 52
Whitman Mutual Bank $10,000,000.00 306
Worcester Bay State Savings Bank $5,000,000.00 124
       
  Totals $329,000,000.00 14,447
       
  Number of Banks 40  
       

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