Bluestone Bank

What Bluestone Bank does

Bluestone Bank is a community bank founded in 1872 and headquartered in Raynham, Massachusetts, serving retail consumers, small and medium-sized businesses, high-net-worth individuals, and municipal entities across southeastern Massachusetts, Rhode Island, and New Hampshire. The bank operates as a mutual institution owned by its depositors and, effective July 1, 2026, functions as a subsidiary of Mutual Bancorp, a mutual holding company formed alongside Cape Cod 5 and Fidelity Bank. Core offerings span personal banking (multiple checking variants, savings, CDs, IRAs, credit cards, digital wallets), home financing (conventional, FHA, VA, TruBlue no-PMI, MassHousing, HomeReady/Home Possible, HELOCs, Lock & Shop rate lock), business banking (checking, money markets, cash management, commercial real estate and C&I lending), municipal banking, and wealth management and trust services delivered through the Bluestone Wealth & Trust division in partnership with Osaic Institutions.

The bank's technology layer centers on a multi-channel digital platform: an online banking portal, iOS and Android mobile applications with mobile remote deposit capture, Zelle peer-to-peer payments, Apple Pay and Samsung Pay wallets, card controls with multi-channel real-time fraud alerts, biometric login, text banking (shortcode 226563), and SavvyMoney credit monitoring. Operational integrations include TimeTrade for in-branch appointment scheduling and the Enrich platform for customer financial-literacy content. NMLS ID 403265 supports mortgage origination, and Depositors Insurance Fund (DIF) membership supplements FDIC coverage to provide 100% deposit protection specific to Massachusetts-chartered mutual savings institutions.

Revenue mechanics are driven primarily by net interest income from mortgage, home equity, commercial real estate, and C&I loan portfolios funded by retail and business deposits, supplemented by deposit account fees (maintenance, overdraft, wire, early withdrawal), wealth management and insurance commissions routed through Osaic Institutions, and licensing arrangements on insurance and annuity products. Deposit pricing is tiered and behavior-linked (e.g., High-Yield Savings up to 3.25% APY with qualifying ACH activity; Tiered Money Market from 0.05% to 3.00% APY across balance tiers; Save Your Way Home at 3.30% APY for first-time homebuyers). Distribution combines a regional branch network in MA, RI, and NH with self-serve digital channels, complemented by inside-sales scheduling and dedicated loan officers for complex products.

Name

Bluestone Bank

Legal name

Bluestone Bank

Website

https://bluestone.bank

Company type

Private

Founded year

1872

Operating status

Operating

Headcount range

101–250 employees

Short description

Mutual community bank founded in 1872 serving Massachusetts, Rhode Island, and New Hampshire with personal banking, business banking, mortgage lending, and wealth services delivered through branches, mobile, and online channels; operates under Mutual Bancorp holding company since July 2026.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)

akta.pro secondary industries

Credit Cards & Revolving Credit (FSABAAAC), Real Estate (Commercial Property, REITs) (FSABACAH)

Keywords

• Community banking services
• Retail mortgage lending
• Commercial real estate loans
• Wealth management trust
• Small business banking

Headquarters

HQ city

Raynham

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income on Loans: Primary revenue from mortgage lending (primary homes, home equity), commercial real estate loans, commercial & industrial loans, and small business loans. Interest rate products include fixed and variable rate mortgages.
2. Deposit Account Fees: Monthly maintenance fees on accounts below minimum balances, early withdrawal penalties on CDs and savings accounts, overdraft and insufficient funds fees, wire transfer fees
3. Wealth Management and Trust Services: Investment management, estate planning, trust services offered through Osaic Institutions partnership; insurance products including life, universal, term, and whole life insurance; annuities
4. High-Yield Savings Interest Spreads: The bank offers competitive rates on savings products (up to 3.25% APY on High-Yield Savings) while earning spread income on deposited funds used for lending

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Bluestone Bank is a mutual community bank providing personal checking, savings, CDs, IRAs, mortgages, home equity loans, and HELOCs alongside business checking, commercial real estate and C&I lending, cash management, and wealth management services. The bank operates physical branches in southeastern Massachusetts plus online, mobile, and text banking channels with FDIC and Depositors Insurance Fund (DIF) coverage.

Product overview

Bluestone Bank is a community bank offering a comprehensive suite of personal and business banking products. The core personal banking offerings include multiple checking account options (AddVantage Checking, eVantage Checking, Free Checking, Free Checking for Seniors, Milestone Account), savings products (High-Yield Savings Account with up to 3.25% APY, Statement Savings, Holiday Club Account, Save Your Way Home with 3.30% APY, and tiered Money Market accounts), CDs and IRAs. Digital banking is delivered through Online Banking, Mobile Banking App, Text Banking, and Bill Pay services, with mobile payments via Digital Wallets including Apple Pay and Samsung Pay. Credit services include personal credit cards and debit cards with card controls. Home financing encompasses Mortgages, Home Equity Loans, HELOCs, Lock & Shop rate lock program, and Down Payment Assistance Programs. Business banking includes Business Checking, Business Money Markets, Cash Management, Business Credit/Debit Cards, and Commercial Lending (Real Estate and Commercial & Industrial loans). Wealth & Trust Services, offered through Bluestone Wealth & Trust and Osaic Institutions, provides Wealth Management, Investments (mutual funds, retirement accounts), Life Insurance (Universal, Term, Whole), Trust Services & Asset Management, and Estate Planning. Municipal Banking serves government entities with deposit accounts and cash management. Credit monitoring is available through SavvyMoney integration, and financial education is provided via Enrich partnership.

Differentiator

Problem solved

Functional benefit

Brands

• Bluestone Wealth & Trust: A division of Bluestone Bank providing wealth management, trust services, estate planning, and investment products through partnerships with Osaic Institutions, Inc.

Products and services

• AddVantage Checking
• eVantage Checking
• Free Checking
• Free Checking for Seniors
• Milestone Account
• High-Yield Savings Account
• Statement Savings
• Holiday Club Account
• Save Your Way Home
• Money Market Account
• Tiered Money Market
• CDs (Certificates of Deposit)
• IRAs (Individual Retirement Accounts)
• Personal Credit Cards
• Personal Debit Card
• Mortgages
• Home Equity Loans
• Home Equity Line of Credit (HELOC)
• Business Checking
• Business Money Markets
• Cash Management
• Business Credit Card
• Business Debit Card
• Commercial Real Estate Loans
• Commercial & Industrial Loans
• Wealth Management
• Investments
• Life Insurance
• Trust Services & Asset Management
• Estate Planning
• Municipal Banking
• Mobile Banking App
• Online Banking

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Mutual BancorpcoreStrategic or Co-development Partner · 1 July 2026Mutual Bancorp is a mutual holding company that now owns Bluestone Bank alongside Cape Cod 5 and Fidelity Bank. This partnership creates a combined family of Massachusetts-based community banks committed to mutuality. The affiliation provides shared operational resources, technology investments, and expertise while allowing each bank to maintain its local brand and decision-making. Bluestone Bank President & CEO Meg McIsaac serves as Vice Chair at the holding company level.
• Cape Cod 5coreStrategic or Co-development Partner · 31 October 2025Cape Cod 5 is a community bank based in Hyannis, MA serving the Cape and the Islands region. Together with Bluestone Bank and Fidelity Bank, Cape Cod 5 joined Mutual Bancorp mutual holding company. The banks share similar cultures and commitment to mutuality, with complementary offerings that enable expanded customer service.
• Fidelity BankcoreStrategic or Co-development Partner · 31 October 2025Fidelity Bank is a community bank based in Leominster, MA serving Central Massachusetts. Partnered with Bluestone Bank and Cape Cod 5 under Mutual Bancorp mutual holding company. Like the other partner banks, Fidelity Bank is a secure, long-standing community bank committed to mutuality and community service.
• Osaic Institutions, Inc.coreTechnology or IntegrationOsaic Institutions is a registered broker-dealer providing investment products and services through Bluestone Wealth & Trust. Financial planners Ross DeLuca, Bill Hughes, Katerina Lubonja, and Joseph McMahon are registered representatives of Osaic. The partnership provides access to expansive investment resources, products through Lockwood and Envestnet, and FINRA/SIPC compliance infrastructure.
• Enrich (Financial Education Platform)minorGTM or Marketing PartnerEnrich is a financial education platform partnered with Bluestone Bank to provide free financial wellness resources to customers. The platform offers videos, articles, worksheets, and online courses covering budgeting, retirement, investing, and other financial topics. Access is free to Bluestone customers as part of the bank's financial literacy commitment.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Cape Cod 5: Massachusetts mutual community bank serving Cape Cod and the Islands; now a sister institution under Mutual Bancorp alongside Bluestone Bank, with overlapping mutuality structure, retail/commercial lending, and wealth services.
• Fidelity Bank (Leominster, MA): Central Massachusetts community bank and third Mutual Bancorp affiliate alongside Bluestone Bank; comparable full-service retail, mortgage, and commercial banking franchise under a mutual charter.
• Rockland Trust (Independent Bank Corp): Large Massachusetts-headquartered community bank offering retail, business, mortgage, and wealth services across southeastern MA and broader New England — the most direct commercial competitor given overlapping footprint and product mix.
• Eastern Bank: Massachusetts-based community bank with full retail, commercial, and wealth capabilities across eastern MA and southern NH — directly competitive for branch deposit and SMB relationships.
• Berkshire Bank: New England community bank with retail, mortgage, commercial, and wealth management lines — overlaps Bluestone's product breadth and regional community-bank positioning.
• Brookline Bank: Massachusetts mutual community bank providing deposit, mortgage, and commercial banking products in greater Boston and eastern MA — comparable mutual structure and SMB / consumer lending mix.
• Salem Five: Massachusetts mutual savings bank serving the North Shore with retail, mortgage, business banking, and wealth products; closest peer in mutual savings structure and New England community banking model.
• Washington Trust: Rhode Island-based community bank with retail, commercial, mortgage, and wealth management services — direct competitor for Bluestone's Rhode Island franchise and adjacent deposit base.
• Cambridge Savings Bank: Massachusetts mutual savings bank offering retail, business banking, mortgage, and wealth services; comparable mutual charter and product breadth within the New England community banking segment.
• Dedham Savings: Massachusetts mutual savings bank with retail deposits, mortgage, and commercial lending focus — closely comparable mutual community-bank operating model in the greater Boston / southeastern MA corridor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BankBluestone
• LinkedInlinkedin.com/company/bluestonebank
• Instagraminstagram.com/bankbluestone

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bluestone Bank