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Considered to be one of the most prosperous states of US, Massachusetts is the house for many corporate giants located in the urban centers of this state. Massachusetts is famous for the production of plastic goods, industrial tools and electric gadgets. However, without major banks, any city would lack development. Below you can find information on Massachusetts banks.

Eastern Bank

Founded in 1818, Eastern Bank is the biggest community bank in Massachusetts. Based in Boston it provides a host of financial products in the form of personal banking and business banking. It offers services like checking accounts, mortgages, personal loans, retirement plans and investment solutions such as portfolio management and wealth protection. Its services also include property insurance, auto insurance, life insurance and disability insurance. It offers solutions such as business lending, merchant services, institutional investment, risk management and construction insurance for organizations.

Rockland Trust

Centered in Rockland, Massachusetts and incorporated in 1907, Rockland Trust is a commercial bank and of the top Massachusetts banks. With regards to public stock trading, Rockland Trust is the largest commercial bank based in Masachusetts. Today, it offers a host of services to its customers in the form of personal banking, commercial banking and investing solutions. Its services include mobile banking, personal loans, mortgages, insurance, small business loans, merchant services and cash management to name a few.

Boston Private Bank and Trust Company

Formerly known as the Trust Management Bank, Boston Private Bank and Trust Company was founded in 1983 in Boston, Massachusetts. It has offices in Lexington, Beverly and Hingham among other locations in the state. Its services include personal and business banking to clients. It also offers deposits and cash management services, online banking, liquidity management, residential mortgages, investment management and commercial and industrial lending services. It caters to a wide variety of organizations such as real estate developers, healthcare, educational establishments, small and medium enterprises and community foundations.

Century Bank and Trust Company

Century Bank and Trust Company was founded in 1969 and is headquartered in Medford, Massachusetts; it has financial centers in Allston, Beverly, Boston, Brookline, Cambridge and Salem along with numerous others in the state. It operates as a chartered commercial bank and is held by Century Corporation. It offers personal, business and institutional banking products. Its services include checking accounts, auto loans, business loans, merchant bank card, savings accounts, and investment products such as stocks, bonds, mutual funds and retirement planning.

Salem Five Cents Savings Bank

Operating as a subsidiary of Salem Five Bancorp, Salem Five Cents Savings Bank was incorporated in 1855 in Salem, Massachusetts. It provides services such as consumer banking, business banking, insurance, mortgages and investment solutions to customers. Numerous other US banks are also available in Massachusetts offering top notch services.