Mansfield Bank

Name

Mansfield Bank

Legal name

Bluestone Bank

Website

https://mansfieldbankonline.com

Company type

Private

Founded year

1872

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (52394)

SIC

State Commercial Banks (6022), Mortgage Bankers & Loan Correspondents (6162), Investment Advice (6282)

akta.pro primary industry

SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI)

Keywords

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

Headquarters

HQ city

Mansfield

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest earned on loan portfolio (residential mortgages, commercial loans, home equity) minus interest paid on deposits (checking, savings, CDs, money markets). Primary revenue driver for community bank.
2. Banking Service Fees: Fees from account services including overdraft fees, wire transfers, and other account-related charges.
3. Wealth & Trust Management: Revenue from investment products, insurance, and trust services offered through Osaic Institutions partnership. Includes advisory fees and product commissions.
4. Mortgage Banking: Origination and servicing of residential mortgage loans including first-time homebuyer programs, conventional, FHA, VA, and state housing programs.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Mansfield Bank (operating today as Bluestone Bank) is a Massachusetts-based full-service community bank delivering personal checking and savings accounts, certificates of deposit, IRAs, consumer mortgages and home equity lending, as well as commercial and industrial lending, commercial real estate financing, business checking and cash management. It also offers wealth management, trust and estate services through Bluestone Wealth & Trust and dedicated municipal banking for government entities across Massachusetts, Rhode Island, and New Hampshire.

Differentiator

Problem solved

Functional benefit

Products and services

• AddVantage Checking Personal checking account offered as part of the bank's personal checking portfolio for individual consumers.
• eVantage Checking Electronic-focused personal checking account built around digital banking features for individual consumers.
• Free Checking No-fee personal checking account providing core everyday banking features for individual consumers.
• Free Checking for Seniors No-fee personal checking account tailored to the needs of senior customers.
• Milestone Account Personal checking account designed for individuals at specific life milestones.
• Statement Savings Basic interest-bearing savings account with periodic statements for individual consumers.
• Holiday Club Account Savings account designed to help consumers accumulate funds for holiday expenses throughout the year.
• Money Market Accounts Interest-bearing savings accounts with money market features offered to personal customers.
• High-Yield Savings Account High-rate savings account (up to 3.25% APY with qualifying ACH activity, over 8x national average) with $10 minimum opening deposit, no monthly service fee, FDIC and DIF insurance, and up to 6 fee-free withdrawals per month.
• CDs Certificate of Deposit products offering fixed-term savings with guaranteed returns for personal customers.
• IRAs Individual Retirement Account products including Traditional and Roth IRA options for retirement savings.
• IRA CDs Certificate of Deposit held within an Individual Retirement Account, combining CD stability with tax-advantaged retirement savings.
• Personal Credit Cards Personal credit cards issued in partnership with Elan Financial Services, with contactless Mastercard functionality, zero liability protection, and digital wallet compatibility.
• Mortgages Home purchase mortgage products including conventional, FHA, VA, MassHousing, Home Ready, Home Possible, and TruBlue Mortgage (no PMI) with a Lock & Shop rate lock option.
• Home Equity Loan Fixed-rate loan secured by home equity for homeowners needing a one-time lump sum of funds.
• Home Equity Line of Credit (HELOC) Revolving credit line secured by home equity, providing flexible access to funds as needed.
• Business Tiered Interest Checking Business checking account with tiered interest rates that increase with account balance.
• Freedom Business Checking Business checking account designed for flexibility and basic small-business banking needs.
• Commercial Checking Business checking account for commercial customers with higher transaction volumes.
• Business Money Markets Interest-bearing business savings account with money market features.
• Cash Management Business banking service for managing cash flow, including ACH transfers, wire transfers, and account reconciliation tools.
• Business Credit Card Credit card product for business customers, part of the bank's business services portfolio.
• Business Debit Card Debit card for business checking account holders, with card control features available through online banking and mobile app.
• Business Online Banking Online banking platform for business customers to manage accounts, initiate transactions, and access cash management tools.
• Small Business Products & Services Tailored banking products and services for small businesses including specialized checking, lending, and convenience services.
• Commercial & Industrial Lending Commercial loans for business equipment, working capital, and operational financing needs.
• Commercial Real Estate Lending Financing for commercial property acquisition, development, and refinancing.
• Wealth Management Bluestone Wealth & Trust division offering investment management, insurance, and financial planning services through registered representatives of Osaic Institutions, Inc.
• Trust Services & Asset Management Trust and asset management services including revocable/irrevocable trusts, trustee services, estate settlement, investment management for individuals and organizations, and managed retirement plans.
• Estate Planning Estate planning and settlement services including long-term care planning, inheritance management, guardianship planning, special-needs planning, and succession planning.
• Life Insurance Insurance products including Universal Life, Term Life, Whole Life Insurance, and Annuities offered through Bluestone Wealth & Trust via Osaic Institutions.
• Investments Investment products including mutual funds, 529 college funding plans, retirement accounts (Roth IRA, Traditional IRA, SIMPLE IRA, 401K, SEP Plans), and 401K to IRA rollovers, sourced through Osaic Institutions with platforms from Lockwood and Envestnet.
• Municipal Banking Banking services for government entities including municipal deposit accounts and cash management, served by a dedicated team of government bankers.
• Mobile Banking App Mobile application for iOS and Android enabling balance checking, fund transfers, bill pay, mobile check deposit, card controls, biometric login, and credit score monitoring via SavvyMoney. Available on Apple App Store and Google Play Store.
• Online Banking Full-featured online banking platform providing account access, transfers, bill pay, credit score monitoring, and card controls via web browser.

Quantifiable outcome

• High-Yield Savings earns 3.25% APY with qualifying ACH (over 8x national average)
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability4 records

Feature6 records

Partnerships

One partnership is on record.

• Mutual BancorpflagshipStrategic or Co-development Partner · 1 July 2026Bluestone Bank officially joined Mutual Bancorp mutual holding company on July 1, 2026 following regulatory approval. Mutual Bancorp is a parent holding company that wholly owns subsidiary banks including Cape Cod 5 and Fidelity Bank. Bluestone operates independently under its own name while benefiting from shared operational resources, technology investments, and expertise. Partnership enables expanded products and services while maintaining hyper-local focus.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Salem Five Bank: Massachusetts mutual community bank providing retail, mortgage, and commercial banking — directly comparable in size, mutual structure, and New England geographic focus.
• Cambridge Savings Bank: MA-based mutual savings bank with consumer, business, mortgage, and wealth management — overlapping full-service community banking model serving greater Massachusetts.
• East Boston Savings Bank: Massachusetts-based mutual community bank offering retail deposits, mortgages, and commercial lending in eastern Massachusetts — directly comparable product set and customer base to Bluestone.
• Florence Bank: Western Massachusetts mutual community bank offering consumer, business, and mortgage products — closely comparable mutual community-bank peer operating in MA.
• Rockland Trust (Independent Bank Corp): Massachusetts community bank with full personal, business, mortgage, and wealth services across southeastern MA and broader New England — same customer profile and product breadth as Bluestone.
• Middlesex Savings Bank: Massachusetts mutual savings bank serving consumers and small businesses with deposits, mortgages, and wealth services — directly comparable mutual community-bank peer.
• Cape Cod 5: Massachusetts mutual community bank now part of the Mutual Bancorp holding company alongside Bluestone; comparable retail/mortgage/commercial offerings across Cape Cod and southeastern MA.
• Reading Co-operative Bank: Massachusetts cooperative community bank serving consumers and businesses in greater Boston — comparable scale, retail/commercial mix, and community focus.
• Brookline Bancorp: Greater Boston community banking franchise with retail, commercial lending, and wealth — comparable Massachusetts community-bank profile and product mix.

Broad incumbents

• Berkshire Bank: Larger New England regional bank providing retail, commercial, mortgage, and wealth across MA and neighboring states — broader incumbent with overlapping community-banking products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/bankbluestone
• LinkedInlinkedin.com/company/mansfield-bank
• 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&A

Investments

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

Frequently asked questions about Mansfield Bank