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 06/30/2018
Arlington Leader Bank, N.A. $10,000,000.00 460
Belmont Belmont Savings Bank $10,000,000.00 29
Beverly Beverly Bank $10,000,000.00 690
Boston East West Bank $10,000,000.00 61
Boston Radius Bank $10,000,000.00 254
Brockton HarborOne Bank $5,000,000.00 263
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  $10,000,000.00 233
East Cambridge East Cambridge Savings Bank $10,000,000.00 140
Easthampton Easthampton Savings Bank $10,000,000.00 348
Everett Everett Co-operative Bank $10,000,000.00 423
Fall River BankFive $5,000,000.00 28
Fall River BayCoast Bank $10,000,000.00 24
Gloucester BankGloucester $10,000,000.00 144
Greenfield Greenfield Co-operative Bank $2,000,000.00 133
Greenfield Greenfield Savings Bank $5,000,000.00 641
Haverhill Haverhill Bank $5,000,000.00 135
Haverhill Pentucket Bank $5,000,000.00 302
Leominster Fidelity Bank $5,000,000.00 186
Lowell Lowell Five Cent Savings Bank, The $10,000,000.00 228
Mansfield Mansfield Bank $10,000,000.00 50
Marlborough Main Street Bank $10,000,000.00 158
Newton Village Bank, The $2,000,000.00 168
North Adams MountainOne Bank $10,000,000.00 835
Oxford Hometown Bank $10,000,000.00 296
Pittsfield Berkshire Bank  $10,000,000.00 607
Randolph Envision Bank $5,000,000.00 35
Reading Reading Co-operative Bank $10,000,000.00 155
Rockland Rockland Trust Company $5,000,000.00 6119
South Weymouth South Shore Bank $10,000,000.00 482
Southbridge Savers Co-operative Bank $10,000,000.00 176
Southbridge Cornerstone Bank $10,000,000.00 211
Stoneham StonehamBank, A Co-operative Bank $5,000,000.00 203
 Taunton  Bristol County Savings Bank $10,000,000.00 426
Wakefield Savings Bank, The $10,000,000.00 34
Walpole Walpole Co-operative Bank $10,000,000.00 385
Westfield Westfield Bank $10,000,000.00 52
Whitman Mutual Bank $10,000,000.00 336
Worcester Bay State Savings Bank $5,000,000.00 131
       
  Totals $329,000,000.00 15,804
       
       
  No. of Banks 40  
       

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