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HEADQUARTERED IN MASSACHUSETTS

Massachusetts banks and credit unions

215 institutions headquartered in Massachusetts. Totals describe institutions by headquarters, not deposits held at branches in the state.

BANKS ·

Massachusetts banks

  • 94 banks headquartered in Massachusetts reported $638 billion in combined total assets for the quarter ended June 30, 2026.
  • Their combined deposits were $508 billion, up 14.9% from a year earlier among institutions that reported both quarters.
  • The median net interest margin was 3.08%, and the median cost of all deposits was 1.93%.
Institutions
94
Combined total assets
$638 billion
Combined deposits
$508 billion
Deposit growth, 12 months
+14.9%
Loan growth, 12 months
+16.1%
Median net interest margin
3.08%
Median return on assets
0.68%
Median cost of deposits
1.93%

What stands out

Largest banks

InstitutionCityTotal assetsDeposit growthROA
State Street Bank and Trust CompanyBoston$413 billion+12.9%1.12%
Eastern BankBoston$31.1 billion+22.4%1.40%
Rockland Trust CompanyRockland$25.0 billion+26.8%1.41%
Beacon Bank & TrustBrookline$22.2 billion+302.0%1.22%
Salem Five Cents Savings BankSalem$8.8 billion+5.1%1.02%
Needham BankNeedham$7.4 billion+47.8%1.20%
Cambridge Savings BankCambridge$7.0 billion-1.1%0.40%
Middlesex Savings BankNatick$6.1 billion-1.1%0.86%
Cape Cod Five Cents Savings BankHyannis$5.6 billion+1.4%0.78%
Institution for Savings in Newburyport and Its VicinityNewburyport$5.6 billion+3.3%1.95%
Leader Bank N.A.Arlington$5.3 billion+2.8%0.98%
PeoplesbankHolyoke$4.6 billion+1.9%0.44%
Hingham Institution for SavingsHingham$4.6 billion+4.7%2.24%
Northern Bank & Trust CompanyWoburn$3.4 billion+5.8%2.02%
North Shore Bank, A Co-Operative BankPeabody$3.3 billion+12.6%0.85%

Rankings

All 94 banks headquartered in Massachusetts
CREDIT UNIONS ·

Massachusetts credit unions

  • 121 credit unions headquartered in Massachusetts reported $44.1 billion in combined total assets for the quarter ended June 30, 2026.
  • Their combined shares and deposits were $36.4 billion, up 4.9% from a year earlier among institutions that reported both quarters.
  • The median net interest margin was 3.17%, and the median cost of all shares and deposits was 1.33%.
Institutions
121
Combined total assets
$44.1 billion
Combined shares and deposits
$36.4 billion
Share and deposit growth, 12 months
+4.9%
Loan growth, 12 months
+4.0%
Median net interest margin
3.17%
Median return on assets
0.58%
Median cost of shares and deposits
1.33%

What stands out

Largest credit unions

InstitutionCityTotal assetsShare growthROA
Rockland Federal Credit UnionRockland$3.8 billion+14.2%0.90%
Metro Credit UnionChelsea$3.3 billion+4.5%0.44%
Workers Federal Credit UnionLittleton$2.5 billion+1.6%-0.24%
Brightbridge Credit UnionLawrence$2.4 billion+9.5%0.58%
Jeanne D'Arc Credit UnionLowell$2.2 billion-4.6%0.50%
Hanscom Federal Credit UnionHanscom Afb$2.2 billion+20.8%0.34%
Greylock Federal Credit UnionPittsfield$1.8 billion+9.4%0.97%
Webster First Federal Credit UnionWorcester$1.5 billion-0.2%1.85%
Sharon & Crescent United Credit UnionSharon$1.4 billion-0.5%0.80%
St. Anne'S Credit UnionFall River$1.4 billion+10.0%0.82%
Harvard Federal Credit UnionCambridge$1.2 billion+5.2%0.33%
St. Mary'S Credit UnionMarlborough$1.0 billion+3.2%0.32%
All One Credit UnionLeominster$881 million+0.2%0.28%
Central One Federal Credit UnionShrewsbury$872 million+2.9%0.63%
Liberty Bay Credit UnionBraintree$827 million+6.3%0.56%

Rankings

All 121 credit unions headquartered in Massachusetts

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