Boston Private Bank & Trust Company Reviews and Rates

Boston Private Bank & Trust Company

Overview / Commentary

www.bostonprivate.com

617-912-1900

Ten Post Office Square
Boston, MA 02109

Boston Private Bank & Trust Company is headquartered in Boston and is the 5^th largest bank in the state of Massachusetts. It is also the 162^nd largest bank in the nation. It was established in 1983 and as of June of 2020, it had grown to 778 employees at 23 locations. Boston Private Bank & Trust Company has an A health rating.

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2007
2006

9/1 - 5.65% 5-Month CD at a California Bank (First Private Bank & Trust)

11/7 - 5.65% 7-Month CD at a California Bank (First Private)

Reviews (1)

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Good Bye To My Bank

Posted by: Whatever2 | Mar 19, 2013

My wife and I had banked at a one branch San Francisco California bank for many years. We had a business in the City. They progressively added a few more branches but they did a reasonable job of maintaining a personal touch for both business and individuals.

They were bought out by Boston Private Bank and within a very short time the stopped being a service and business bank and became a classic east coast bureaucratic no-service bank. They eliminated services, added fees, and are now a very unfriendly bank, without any of the personal touch that Borel had.

We are now looking for another bank, although admittedly all banks seem to be very poor on individual customer service.

Another California business destroyed by out of state carpet baggers.

Comment

Health

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	24811
Year Established	1983
Employees	778
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.08%
Return on Equity - YTD	0.78%
Annual Interest Income	$142.1MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$9.13B$8.62B
Loans	Q2 2020vs Q2 2019	$7.25B$7.01B
Deposits	Q2 2020vs Q2 2019	$7.48B$6.49B
Equity Capital	Q2 2020vs Q2 2019	$869.0MM$817.3MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$89.3MM$75.1MM
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$25.7MM$18.1MM
Real Estate Owned	Q2 2020vs Q2 2019	$0$0

Locations

Availability

Boston Area

Boston Area bank & credit union details

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