Blog
These are Massachusetts’ top banks by local deposits
The 25 largest banks in the Bay State have nearly $327 billion in deposits in Massachusetts as of June 30, 2025. The group is led by Bank of America, with $101 billion in Mass. deposits as of that time frame. The online version of this ranking expands beyond what appears in print; another 98 banks are included in our digital rankings, in addition to the 20 featured in this week’s print edition. This week’s List is part of a shift in our research methodology and philosophy in 2025, one that will emphasize more data and context for readers while better coordinating the resources available to us and our 46 sister publications under the American City Business Journals flag. This effort has identified thousands of new local records — and cumulatively, tens of thousands of new businesses across ACBJ’s footprint — this year alone. Information on The List was obtained from the Federal Deposit Insurance Corp. and could not be independently verified by the BBJ. Only institutions with at least one branch in the Massachusetts are included. For information about this and other BBJ Lists, please contact Associate Editor Sean McFadden at smcfadden@bizjournals.com.