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wbjournal.com | Book of Lists 2026 | Worcester Business Journal 17 Top SBA lenders Ranked by total number of SBA 7(a) loans issued statewide in FY 2025 by lenders with at least one Central Mass. branch Lender No. of loans FY 2025/ FY 2024/ FY 2023 % change in no. of loans FY 2024 to FY 2025/ FY 2023 to FY 2024 Amount of loans FY 2025/ FY 2024/ FY 2023 % change in amount of loans FY 2024 to FY 2025/ FY 2023 to FY 2024 1 Eastern Bank 2 South Ave., Natick 01760 617-558-2307 • easternbank.com 314 334 228 -6% 46% $52,501,500 $44,681,100 $37,728,800 18% 18% 2 TD Bank 295 Park Ave., Worcester 01609 508-752-2584 • tdbank.com 189 238 186 -21% 28% $23,496,200 $36,131,400 $19,921,000 -35% 81% 3 Rockland Trust Co. (1) 58 Main St., Franklin 02038 508-520-3958 • rocklandtrust.com 140 133 29 5% 359% $40,923,700 $47,175,900 $11,735,100 -13% 302% 4 M&T Bank 120 Front St., Worcester 01608 508-890-5199 • mtb.com 123 69 35 78% 97% $13,386,900 $9,561,400 $6,807,800 40% 40% 5 Salem Five Cents Savings Bank 19 Concord Road, Sudbury 01776 978-579-0592 • salemfive.com 72 43 40 67% 8% $13,775,400 $8,453,000 $6,572,000 63% 29% 6 Beacon Bank (2) 11 Park Ave., Worcester 01605 508-797-6972 • beaconbank.com 55 40 42 38% -5% $25,061,200 $25,658,600 $11,249,200 -2% 128% 7 Leader Bank NA 61 Boyden Road, Suite 2, Holden 01520 508-250-1376 • leaderbank.com 26 26 26 0% 0% $15,800,900 $6,308,900 $7,643,800 150% -17% 8 Citizens Bank 34 Main St., Natick 01760 508-653-5100 • citizensbank.com 21 16 7 31% 129% $10,319,000 $5,155,400 $8,411,600 100% -39% 9 Bank of America 306 Turnpike Road, Westborough 01581 508-366-1780 • bankofamerica.com 20 38 36 -47% 6% $8,315,000 $13,859,100 $11,192,100 -40% 24% 10 Avidia Bancorp Inc. (Avidia Bank) (3) 42 Main St., Hudson 01749 978-562-2222 • avidiabank.com 19 7 9 171% -22% $5,376,000 $2,246,000 $6,265,300 139% -64% 11 St. Mary's Credit Union (4) 46 Lizotte Drive, Marlborough 01752 508-490-8000 • stmaryscu.org 17 44 44 -61% 0% $1,533,700 $3,488,600 $3,382,500 -56% 3% 12 Santander Bank 51 Gold Star Blvd., Worcester 01605 508-421-9701 • santanderbank.com 14 21 16 -33% 31% $1,054,000 $1,151,000 $1,218,600 -8% -6% 13 Webster Five Cents Savings Bank 136 Thompson Road, Webster 01570 508-943-9401 • web5.com 11 17 15 -35% 13% $1,932,800 $2,337,600 $1,667,000 -17% 40% 14 Needham Bank 17 W. Central St., Natick 01760 508-647-4999 • needhambank.com 8 20 41 -60% -51% $2,559,800 $3,227,700 $5,126,100 -21% -37% 15 North Brookfield Savings Bank 35 Summer St., North Brookfield 01535 508-867-7442 • northbrookfieldsavingsbank.com 8 4 4 100% 0% $621,500 $384,500 $415,000 62% -7% 16 Hanscom Federal Credit Union (5) 25 Porter Road, Suite 100, Littleton 01460 800-656-4328 • hfcu.org 6 1 2 500% -50% $1,050,000 $100,000 $275,000 950% -64% 17 Northern Bank & Trust 289 Great Road, Littleton 01460 978-486-3543 • nbtc.com 5 9 4 -44% 125% $7,916,600 $4,683,000 $2,113,000 69% 122% 18 JPMorgan Chase Bank 120 Worcester Road, Framingham 01702 508-861-1276 • chase.com 5 15 5 -67% 200% $1,450,000 $3,637,800 $993,000 -60% 266% 19 Middlesex Savings Bank 6 Main St., Natick 01760 508-653-0300 • middlesexbank.com 5 2 7 150% -71% $405,600 $235,000 $2,032,000 73% -88% 20 Bay State Bank 28 Franklin St., Worcester 01608 508-890-9000 • baystatesavings.com 4 1 0 300% 0% $3,210,000 $131,000 $0 2,350% 0% 21 Country Bank 278 Park Ave., Worcester 01609 800-322-8233 • countrybank.com 4 1 0 300% 0% $491,200 $300,000 $0 64% 0% Source: U.S. Small Business Administration as of Dec. 31, 2025. Notes: The SBA fiscal year runs from Oct. 1 to Sept. 30. List includes only lenders with at least one branch in Central Mass. Lenders listed are for SBA 7(a) loans; eligibility criteria are broader than those of other types of loans such as 504 loans. Canceled loans are not included. Some data points for fiscal years 2024 and 2023 were updated, per the latest U.S. SBA data set. (1) In July 2025, Rockland Trust Co. and Enterprise Bank & Trust Co. merged. (2) On Sept. 1, 2025, Berkshire Hills Bancorp and Brookline Bancorp merged to form Beacon Financial Corp., parent of Beacon Bank; data for this list was filed under Brookline Bank, a division of Beacon Bank and Trust. (3) In August 2025, Avidia converted from a mutual community bank to a publicly traded company. (4) In June 2026, members approved the merger of Marlborough's St. Mary's Credit Union with Framingham's MetroWest Community Federal Credit Union; the merger went into effect on July 1, 2026, with the new entity operating under St. Mary's name and charter. (5) In February 2026, announced plans to merge with Chicopee-based Alden Credit Union, with an expected completion date in Q4 2026. -Compiled by: Heide Martin, hmartin@nebusinessmedia.com F O C U S B A N K I N G & F I N A N C E F O C U S