BranchWatch

Needham Bank

Headquartered in Needham, MA. Part of Nb Bancorp, Inc. FDIC certificate #26483 · Federal Reserve RSSD 339773.

Total assets
$7.2B
Deposits
$6.1B
Q1 2026
Active branches
21
Closings since Jan 2020
0
4 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$14M
Return on assets
0.82%
Return on equity
7.33%
Noncurrent loan rate
0.91%

Deposits by year (Summary of Deposits)

2
2019
2
2020
2
2021
3
2022
3
2023
4
2024
4
2025

Values in $ billions, June 30 of each year.

Openings by year

1
2020
1
2022
2
2026

Other network changes since 2020

  • 2 branch relocations
  • 7 branches acquired through purchases or mergers

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.needhambank.com.