Needham Bank is a bank based in Needham, Massachusetts, established in 1892, with $7.2 billion in total assets across 20 branches. By Trust Grade it ranks 17th of 91 banks we track in Massachusetts. Its capital ratio of 11.0% is stronger than 62% of similarly sized banks, versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.82% return on assets. No consumer complaints against Needham Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Needham Bank compares to Massachusetts peers
How we graded Needham Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.0% capital ratio)
- Profitable (ROA 0.82%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Needham Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (20)
- 5 Market St, Amesbury, MA 01913
- 520 Main St, Medfield, MA 02052
- 341 Washington St, Westwood, MA 02090
- 458 Washington St, Wellesley, MA 02482
- 1 Haverhill Rd, Amesbury, MA 01913
- 1063 Great Plain Ave, Needham, MA 02492
- 326 Washington St, Dedham, MA 02026
- 66 Storey Ave, Newburyport, MA 01950
- 1 Provident Way, Seabrook, NH 03874
- 25 Maplewood Ave, Portsmouth, NH 03801
- 95 Portsmouth Ave, Exeter, NH 03833
- 1063 Great Plain Ave, Needham, MA 02492
- 41 Front St, Ashland, MA 01721
- 60 Centre St, Dover, MA 02030
- 115 S River Rd, Bedford, NH 03110
- 17 W Central St, Natick, MA 01760
- 857 Main St, Millis, MA 02054
- 1457 Tremont St, Mission Hill, MA 02120
- 400 Mystic Ave, Medford, MA 02155
- 30 Guest St, Boston, MA 02135
Are deposits at Needham Bank insured?
Yes. Needham Bank is an FDIC-insured bank (FDIC certificate #26483). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Needham Bank: frequently asked questions
Is Needham Bank a good bank?
Needham Bank earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (11.0% capital ratio); Profitable (ROA 0.82%).
Is Needham Bank FDIC-insured?
Yes. Needham Bank is a FDIC-insured bank (FDIC certificate #26483). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Needham Bank?
Needham Bank holds $7.2 billion in total assets, ranking 17th of 91 banks we track in Massachusetts. It operates 20 branches.
Does Needham Bank have CFPB complaints?
No CFPB complaints against Needham Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
