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 09/30/2018
Arlington Leader Bank, N.A. $10,000,000.00 490
Belmont Belmont Savings Bank $10,000,000.00 31
Beverly Beverly Bank $10,000,000.00 718
Boston East West Bank $10,000,000.00 61
Boston Radius Bank $10,000,000.00 254
Brockton HarborOne Bank $5,000,000.00 311
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  $10,000,000.00 237
East Cambridge East Cambridge Savings Bank $10,000,000.00 155
Easthampton Easthampton Savings Bank $10,000,000.00 359
Everett Everett Co-operative Bank $10,000,000.00 442
Fall River BankFive $5,000,000.00 28
Fall River BayCoast Bank $10,000,000.00 24
Gloucester BankGloucester $10,000,000.00 148
Greenfield Greenfield Co-operative Bank $2,000,000.00 133
Greenfield Greenfield Savings Bank $5,000,000.00 680
Haverhill Haverhill Bank $5,000,000.00 141
Haverhill Pentucket Bank $5,000,000.00 313
Leominster Fidelity Bank $5,000,000.00 189
Lowell Lowell Five Cent Savings Bank, The $10,000,000.00 234
Mansfield Mansfield Bank $10,000,000.00 54
Marlborough Main Street Bank $10,000,000.00 172
Newton Village Bank, The $2,000,000.00 173
North Adams MountainOne Bank $10,000,000.00 850
Oxford Hometown Bank $10,000,000.00 304
Pittsfield Berkshire Bank  $10,000,000.00 624
Randolph Envision Bank $5,000,000.00 42
Reading Reading Co-operative Bank $10,000,000.00 161
Rockland Rockland Trust Company $5,000,000.00 6397
South Weymouth South Shore Bank $10,000,000.00 513
Southbridge Savers Co-operative Bank $10,000,000.00 181
Southbridge Cornerstone Bank $10,000,000.00 223
Stoneham StonehamBank, A Co-operative Bank $5,000,000.00 203
 Taunton  Bristol County Savings Bank $10,000,000.00 428
Wakefield Savings Bank, The $10,000,000.00 36
Walpole Walpole Co-operative Bank $10,000,000.00 393
Westfield Westfield Bank $10,000,000.00 52
Whitman Mutual Bank $10,000,000.00 352
Worcester Bay State Savings Bank $5,000,000.00 134
       
  Totals $329,000,000.00                       16,463
       
       
  No. of Banks 40  
       

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