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

Participating Banks and Loans Issued

 

# of Banks City/Town Bank Name Deposit No. of Loans as of 9/30/2017  
1 Arlington Leader Bank, N.A. $10,000,000.00 411  
2 Belmont Belmont Savings Bank $10,000,000.00 28  
3 Beverly Beverly Bank $10,000,000.00 574  
4 Boston East West Bank $10,000,000.00 60  
5 Boston Radius Bank $10,000,000.00 229  
6 Brockton HarborOne Bank $5,000,000.00 158  
7 Cambridge Cambridge Savings Bank $5,000,000.00 161  
8 Danvers People's United Bank $10,000,000.00 62  
9 Dorchester Meetinghouse Bank $3,000,000.00 8  
10 East Boston East Boston Savings Bank $10,000,000.00 215  
11 East Cambridge East Cambridge Savings Bank $10,000,000.00 126  
12 Easthampton Easthampton Savings Bank $10,000,000.00 330  
13 Everett Everett Co-operative Bank $10,000,000.00 359  
14 Fall River BankFive $5,000,000.00 28  
15 Fall River BayCoast Bank $10,000,000.00 24  
16 Gloucester BankGloucester $10,000,000.00 134  
17 Greenfield Greenfield Co-operative Bank $2,000,000.00 129  
18 Greenfield Greenfield Savings Bank $5,000,000.00 526  
19 Haverhill Haverhill Bank $5,000,000.00 123  
20 Haverhill Pentucket Bank $5,000,000.00 253  
21 Leominster Fidelity Bank $5,000,000.00 180  
22 Lowell Lowell Five Cent Savings Bank, The $10,000,000.00 199  
23 Mansfield Mansfield Bank $10,000,000.00 46  
24 Marlborough Main Street Bank $10,000,000.00 102  
25 Newton Village Bank, The $2,000,000.00 140  
26 North Adams MountainOne Bank $10,000,000.00 784  
27 Oxford Hometown Bank $10,000,000.00 285  
28 Pittsfield Berkshire Bank $10,000,000.00 607  
29 Randolph Randolph Savings Bank $5,000,000.00 30  
30 Reading Reading Co-operative Bank $10,000,000.00 140  
31 Rockland Rockland Trust Company $5,000,000.00 5,227  
32 South Weymouth South Shore Bank $10,000,000.00 482  
33 Southbridge Savers Co-operative Bank $10,000,000.00 155  
34 Southbridge Cornerstone Bank $10,000,000.00 167  
35 Stoneham StonehamBank, A Co-operative Bank $5,000,000.00 122  
36 Taunton Bristol County Savings Bank $10,000,000.00 406  
37 Wakefield Savings Bank, The $10,000,000.00 26  
38 Walpole Walpole Co-operative Bank $10,000,000.00 339  
39 Westfield Westfield Bank $10,000,000.00 52  
40 Whitman Mutual Bank $10,000,000.00 299  
41 Worcester Bay State Savings Bank $5,000,000.00 124  
42 Worcester Commerce Bank & Trust Company $5,000,000.00 948  
    Totals: $337,000,000.00 14,798  
           
    Number of Banks = 42      
           

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