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Financial strength ranking · Massachusetts · Call Report data as of Q2 2026

Best Banks in Massachusetts by Financial Strength

Mechanics Cooperative Bank ranks first among the 77 banks headquartered in Massachusetts we score, with a financial strength score of 69.0 out of 100 as of June 30, 2026. The score averages each bank's national percentile on four Call Report ratios: return on assets, efficiency ratio, Tier 1 leverage ratio and nonperforming assets ratio.

Ranked first
Mechanics Cooperative Bank
Its score
69.0 of 100
Banks scored in Massachusetts
77
Its return on assets
1.36%

Every scored bank in Massachusetts

Select a column heading to sort. Score is 0 to 100, where 100 would be the best US bank on all four ratios; ratios for Q2 2026.

Banks headquartered in Massachusetts ranked by financial strength score, with total assets, return on assets, efficiency ratio, Tier 1 leverage ratio and nonperforming assets ratio.
1 Mechanics Cooperative Bank Taunton 69.0 1.36% 54.01% 12.38% 0.03% $898.8M
2 Walpole Co-Operative Bank Walpole 68.4 1.18% 56.36% 18.82% 0.10% $646.5M
3 Northern Bank & Trust Company Woburn 66.4 2.03% 45.00% 14.55% 1.97% $3.38B
4 Rockland Trust Company Rockland 61.2 1.42% 50.57% 11.83% 0.42% $24.97B
5 Onelocal Bank Norwood 59.4 1.05% 57.58% 13.68% 0.19% $1.05B
6 Leader Bank, N.A. Arlington 57.2 1.00% 59.52% 11.58% 0.02% $5.28B
7 Eastern Bank Boston 55.8 1.38% 48.91% 10.15% 0.35% $31.13B
8 Needham Bank Needham 52.0 1.21% 55.71% 10.89% 0.37% $7.42B
9 Middlesex Savings Bank Natick 51.9 0.86% 63.22% 13.44% 0.20% $6.15B
10 Watertown Savings Bank Watertown 49.9 0.86% 64.79% 12.03% 0.12% $1.44B
11 Mountainone Bank North Adams 49.6 1.34% 65.69% 14.75% 0.92% $1.08B
12 Canton Co-Operative Bank Canton 49.6 0.54% 74.75% 15.25% 0.05% $154.8M
13 Mutualone Bank Framingham 49.4 1.50% 65.34% 21.09% 4.33% $1.22B
14 Bank of Easton North Easton 48.7 0.69% 59.98% 10.26% 0.00% $249.0M
15 Salem Five Cents Savings Bank Salem 47.7 1.02% 54.09% 10.52% 0.39% $8.82B
16 Everett Co-Operative Bank Everett 46.5 0.78% 56.22% 9.81% 0.09% $1.67B
17 Webster Five Cents Savings Bank Webster 46.1 1.00% 67.87% 12.52% 0.35% $1.31B
18 Avidia Bank Hudson 45.0 1.08% 64.34% 12.37% 0.61% $2.77B
19 Stoughton Co-Operative Bank Stoughton 44.9 0.73% 66.70% 10.00% 0.00% $135.2M
20 Beacon Bank & Trust Boston 44.8 1.22% 52.02% 9.83% 0.72% $22.20B
21 Florence Bank Florence 44.6 0.78% 65.87% 12.23% 0.29% $2.01B
22 The Lowell Five Cent Savings Bank Tewksbury 44.4 0.85% 59.17% 12.68% 0.80% $1.90B
23 Martha's Vineyard Bank Edgartown 43.6 0.66% 74.42% 11.75% 0.07% $1.33B
24 State Street Bank and Trust Company Boston 43.2 1.23% 61.56% 5.85% 0.07% $412.62B
25 Commonwealth Cooperative Bank Hyde Park 43.0 0.41% 73.93% 16.31% 0.32% $205.0M
26 Country Bank for Savings Ware 42.7 0.94% 67.15% 14.84% 0.90% $2.24B
27 The Bank of Canton Canton 41.7 0.87% 71.58% 14.43% 0.62% $782.5M
28 Winchester Co-Operative Bank Winchester 40.8 0.59% 67.35% 11.80% 0.31% $946.9M
29 Unibank for Savings Whitinsville 40.3 1.11% 54.73% 8.83% 0.43% $3.11B
30 Monson Savings Bank Monson 39.5 1.01% 64.85% 9.55% 0.18% $806.3M
31 National Grand Bank of Marblehead Marblehead 38.9 0.58% 73.02% 10.31% 0.03% $444.8M
32 Bristol County Savings Bank Taunton 38.2 0.55% 76.67% 14.40% 0.50% $3.26B
33 Eagle Bank Everett 37.5 0.47% 79.98% 10.63% 0.03% $709.0M
34 South Shore Bank South Weymouth 37.3 0.72% 68.70% 10.10% 0.16% $2.52B
35 Cape Cod Five Cents Savings Bank Hyannis 36.9 0.79% 71.00% 11.11% 0.36% $5.62B
36 North Brookfield Savings Bank North Brookfield 36.3 0.63% 76.31% 10.92% 0.19% $448.7M
37 Pittsfield Co-Operative Bank Pittsfield 36.1 0.27% 91.32% 13.41% 0.28% $451.5M
38 Greenfield Co-Operative Bank Greenfield 34.9 0.50% 77.55% 12.47% 0.44% $901.8M
39 Lee Bank Lee 34.6 1.08% 68.36% 9.63% 0.39% $591.2M
40 Winter Hill Bank, FSB Somerville 34.0 0.14% 94.27% 10.04% 0.00% $407.9M
41 Milford Federal Bank Milford 33.4 0.39% 83.25% 11.94% 0.34% $545.1M
42 Main Street Bank Marlborough 31.7 0.71% 69.91% 12.04% 1.27% $1.67B
43 North Easton Savings Bank South Easton 31.5 0.81% 67.33% 11.19% 1.18% $1.84B
44 Millbury National Bank Millbury 31.5 0.82% 68.50% 9.51% 0.34% $146.5M
45 Seamens Bank Provincetown 31.4 0.48% 85.11% 12.57% 0.58% $478.5M
46 The Village Bank Auburndale 31.2 0.57% 70.43% 9.50% 0.19% $2.07B
47 Westfield Bank Westfield 30.8 0.65% 67.49% 9.37% 0.28% $2.73B
48 Middlesex Federal Savings, F.A. Somerville 30.4 0.17% 93.88% 9.97% 0.04% $654.4M
49 Winchester Savings Bank Winchester 30.3 0.42% 74.09% 9.63% 0.15% $1.09B
50 Adams Community Bank Adams 30.0 0.49% 75.43% 10.34% 0.33% $1.01B
51 Greenfield Savings Bank Greenfield 29.6 0.59% 75.15% 10.13% 0.35% $1.52B
52 East Cambridge Savings Bank Cambridge 29.1 0.43% 77.59% 9.69% 0.16% $1.66B
53 Marblehead Bank Marblehead 27.8 0.44% 85.38% 10.11% 0.24% $262.5M
54 Rollstone Bank & Trust Fitchburg 27.6 0.08% 98.24% 10.13% 0.14% $816.3M
55 Wrentham Co-Operative Bank Wrentham 27.0 0.09% 95.64% 8.34% 0.00% $192.6M
56 Coastal Heritage Bank Weymouth 26.7 0.45% 77.94% 11.54% 0.93% $983.6M
57 Savers Co-Operative Bank Southbridge 26.2 0.67% 69.55% 11.30% 2.85% $783.2M
58 PeoplesBank Holyoke 25.9 0.44% 67.30% 9.26% 0.43% $4.62B
59 Reading Co-Operative Bank Reading 25.9 0.42% 80.16% 7.35% 0.05% $1.19B
60 Oneunited Bank Boston 25.1 -0.58% 111.20% 10.43% 0.27% $637.9M
61 Stonehambank Stoneham 25.0 0.50% 75.04% 8.94% 0.25% $918.3M
62 Washington Savings Bank Lowell 24.5 0.29% 87.62% 9.65% 0.23% $302.3M
63 Cornerstone Bank Spencer 24.0 0.51% 81.64% 9.22% 0.26% $2.57B
64 Dean Co-Operative Bank Franklin 23.6 0.38% 86.73% 8.26% 0.09% $494.3M
65 Cambridge Savings Bank Cambridge 22.6 0.40% 71.44% 10.25% 1.05% $6.98B
66 Cape & Coast Bank Yarmouth Port 21.4 0.60% 74.69% 9.70% 0.82% $1.68B
67 Bay State Savings Bank Worcester 21.1 0.63% 80.30% 8.82% 0.39% $580.3M
68 Fidelity Co-Operative Bank Leominster 20.8 0.83% 69.45% 9.86% 3.27% $1.31B
69 Charles River Bank Medway 19.5 0.46% 80.42% 7.93% 0.32% $336.1M
70 Methuen Co-Operative Bank Methuen 19.0 0.58% 77.14% 9.36% 0.80% $141.3M
71 Bluestone Bank Raynham 18.8 0.49% 79.26% 9.52% 0.77% $1.62B
72 Fall River Five Cents Savings Bank Fall River 17.7 0.49% 78.64% 8.70% 0.57% $1.86B
73 Trunorth Bank Easthampton 16.3 0.21% 75.80% 9.82% 1.33% $2.02B
74 The Cooperative Bank Roslindale 16.2 -0.01% 98.68% 9.29% 0.49% $548.3M
75 BayCoast Bank Swansea 12.4 0.66% 82.41% 8.29% 1.15% $2.86B
76 Bankgloucester Gloucester 8.6 0.43% 82.07% 8.70% 2.58% $386.9M
77 New Valley Bank & Trust Springfield 4.8 -0.24% 97.72% 7.45% 1.54% $385.0M

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How the score works

Each bank gets a percentile on each of four ratios, measured against every US bank that filed a Call Report for the quarter and turned so that higher is always better: 100 is the best bank in the country on that ratio and 0 the weakest. The score is the plain average of the four percentiles; 3,583 banks nationwide are scored.

A bank is scored when it is ranked on all four of those leaderboards: at least $100 million in total assets, open, a lending institution, and a quarter not driven by gains or losses on equity securities. Banks are listed by headquarters state.

Frequently asked questions

What is the best bank in Massachusetts?

By our financial strength score, Mechanics Cooperative Bank of Taunton ranks first among the 77 scored banks headquartered in Massachusetts, scoring 69.0 out of 100 for Q2 2026: return on assets of 1.36%, an efficiency ratio of 54.01%, a Tier 1 leverage ratio of 12.38% and nonperforming assets of 0.03% of total assets. Walpole Co-Operative Bank and Northern Bank & Trust Company rank second and third.

How are the best banks in Massachusetts ranked?

Each bank is placed on four Call Report ratios against every US bank that filed for the quarter: return on assets and the Tier 1 leverage ratio, where higher is better, and the efficiency ratio and the nonperforming assets ratio, where lower is better. Each placement is a percentile from 0 to 100, and the score is their average. Only banks with at least $100 million in assets that are ranked on all four ratios are scored, 3,583 banks nationwide.

Does this ranking say which bank I should open an account with?

No. The score reads only what a bank files with its regulators: earnings, cost control, capital and problem assets. It does not measure deposit rates, fees, branches, apps or service, which matter most when choosing a bank for an account, and it is not a safety rating. FDIC insurance protects deposits at insured banks up to the legal limit regardless of a bank's score.

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More in Massachusetts

Largest banks in Massachusetts Bank deposits in Massachusetts Largest credit unions in Massachusetts Return on assets ranking Efficiency ratio ranking Tier 1 leverage ratio ranking Nonperforming assets ratio ranking All rankings

Source: FFIEC Call Reports for Q2 2026, refreshed as each quarter's filings are processed. A ranking is not a safety rating: FDIC insurance covers deposits at insured banks up to the legal limit, whatever the score. Check your coverage with the FDIC insurance calculator.