FDIC-insured banks and savings institutions in Massachusetts

FDIC-insured banks and savings institutions in Massachusetts was 92 in 2025, according to FDIC. That is down 6.1% from 2024. That is the 19th highest of 51 states in 2025.

2025, count92
Change on 2024-6.1%
Rank19th of 51US states ranked
Series high3731987
Series low922025

Next release: Thursday, 16 September 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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FDIC-insured banks and savings institutions in Massachusetts, 1984 to 2025

0100200300400198419901996200220082014202020251984: 205 count1985: 298 count1986: 369 count1987: 373 count1988: 364 count1989: 359 count1990: 334 count1991: 313 count1992: 288 count1993: 285 count1994: 265 count1995: 260 count1996: 258 count1997: 246 count1998: 234 count1999: 230 count2000: 229 count2001: 225 count2002: 214 count2003: 209 count2004: 200 count2005: 194 count2006: 194 count2007: 181 count2008: 175 count2009: 171 count2010: 165 count2011: 160 count2012: 153 count2013: 152 count2014: 147 count2015: 138 count2016: 133 count2017: 124 count2018: 120 count2019: 114 count2020: 109 count2021: 105 count2022: 100 count2023: 100 count2024: 98 count2025: 92 count010020030040019841998201220251984: 205 count1985: 298 count1986: 369 count1987: 373 count1988: 364 count1989: 359 count1990: 334 count1991: 313 count1992: 288 count1993: 285 count1994: 265 count1995: 260 count1996: 258 count1997: 246 count1998: 234 count1999: 230 count2000: 229 count2001: 225 count2002: 214 count2003: 209 count2004: 200 count2005: 194 count2006: 194 count2007: 181 count2008: 175 count2009: 171 count2010: 165 count2011: 160 count2012: 153 count2013: 152 count2014: 147 count2015: 138 count2016: 133 count2017: 124 count2018: 120 count2019: 114 count2020: 109 count2021: 105 count2022: 100 count2023: 100 count2024: 98 count2025: 92 count
count. Source: Invokely calculation with data from FDIC. Retrieved 2026-10-18, published 2026-09-16.
All 42 values
Periodcount
202592
202498
2023100
2022100
2021105
2020109
2019114
2018120
2017124
2016133
2015138
2014147
2013152
2012153
2011160
2010165
2009171
2008175
2007181
2006194
2005194
2004200
2003209
2002214
2001225
2000229
1999230
1998234
1997246
1996258
1995260
1994265
1993285
1992288
1991313
1990334
1989359
1988364
1987373
1986369
1985298
1984205

Compared with United States

Place2025
Massachusetts92
United States4,319

Massachusetts compared with nearby places

Alabama: 94 countAlaska: 5 countArizona: 13 countArkansas: 78 countCalifornia: 119 countColorado: 66 countConnecticut: 28 countDelaware: 15 countDistrict of Columbia: 4 countFlorida: 84 countGeorgia: 133 countHawaii: 6 countIdaho: 10 countIllinois: 334 countIndiana: 90 countIowa: 230 countKansas: 186 countKentucky: 119 countLouisiana: 108 countMaine: 22 countMaryland: 29 countMassachusetts: 92 countMichigan: 74 countMinnesota: 228 countMississippi: 58 countMissouri: 201 countMontana: 36 countNebraska: 143 countNevada: 15 countNew Hampshire: 17 countNew Jersey: 50 countNew Mexico: 29 countNew York: 110 countNorth Carolina: 39 countNorth Dakota: 61 countOhio: 158 countOklahoma: 171 countOregon: 14 countPennsylvania: 112 countRhode Island: 6 countSouth Carolina: 43 countSouth Dakota: 56 countTennessee: 114 countTexas: 351 countUtah: 42 countVermont: 12 countVirginia: 56 countWashington: 33 countWest Virginia: 43 countWisconsin: 157 countWyoming: 25 count
  • Under 15
  • 15 to 35
  • 35 to 58
  • 58 to 99
  • 99 to 150
  • 150 and over
FDIC-insured banks and savings institutions, 2025, count. Massachusetts is outlined. Same source and period for every area shown. Source: Federal Deposit Insurance Corporation. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

Definition

Number of FDIC-insured commercial banks and savings institutions at year end, counted in the state where each institution has its headquarters.

FDIC historical summary of insured institutions, year end, for the 50 states and DC; the national value covers the same area and excludes US territories. Each value adds commercial banks and savings institutions, which the FDIC reports separately; both figures are stored with it. Credit unions are not FDIC-insured and are not included. An institution with branches in several states counts once, in its headquarters state, so the number of banks operating in a state can be higher. The series starts in 1984, when savings institutions enter the FDIC summary.

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How to cite

Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Federal Deposit Insurance Corporation. (2026). Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state (FDIC-insured banks and savings institutions, Massachusetts, 1984 to 2025) [Data set]. Retrieved October 18, 2026, from https://banks.data.fdic.gov/bankfind-suite/historical

MLA 9

Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state, FDIC-insured banks and savings institutions, Massachusetts, 1984 to 2025. Federal Deposit Insurance Corporation, 16 Sept. 2026, https://banks.data.fdic.gov/bankfind-suite/historical. Invokely, https://invokely.ai/en/fdic-insured-banks/massachusetts. Accessed 18 Oct. 2026.

Chicago (author-date)

Federal Deposit Insurance Corporation. 2026. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. FDIC-insured banks and savings institutions, Massachusetts, 1984 to 2025. Dataset. Accessed October 18, 2026. https://banks.data.fdic.gov/bankfind-suite/historical. Also distributed by Invokely, https://invokely.ai/en/fdic-insured-banks/massachusetts.

Harvard

Federal Deposit Insurance Corporation (2026) Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state, FDIC-insured banks and savings institutions, Massachusetts, 1984 to 2025 [Dataset]. Available at: https://banks.data.fdic.gov/bankfind-suite/historical, via Invokely: https://invokely.ai/en/fdic-insured-banks/massachusetts (Accessed: 18 October 2026).

BibTeX
@misc{federal_fdic_insured_banks_and_2025,
  author = {{Federal Deposit Insurance Corporation}},
  title = {{Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state: FDIC-insured banks and savings institutions, Massachusetts, 1984 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://banks.data.fdic.gov/bankfind-suite/historical},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/fdic-insured-banks/massachusetts. Publisher attribution: Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.},
}
RIS
TY  - DATA
AU  - Federal Deposit Insurance Corporation
TI  - Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state: FDIC-insured banks and savings institutions, Massachusetts, 1984 to 2025
PY  - 2026
DA  - 2026/09/16
PB  - Federal Deposit Insurance Corporation
DB  - Invokely
UR  - https://banks.data.fdic.gov/bankfind-suite/historical
L2  - https://invokely.ai/en/fdic-insured-banks/massachusetts
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/fdic-insured-banks/massachusetts.
N1  - Publisher attribution: Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.
ER  - 
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Questions

What is the FDIC-insured banks and savings institutions in Massachusetts?

FDIC-insured banks and savings institutions in Massachusetts was 92 in 2025, according to FDIC. That is down 6.1% from 2024. That is the 19th highest of 51 states in 2025.

Where does this figure come from?

Federal Deposit Insurance Corporation. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. Retrieved by Invokely on 2026-10-18.

What was the highest FDIC-insured banks and savings institutions in Massachusetts?

373 in 1987, the highest value since 1984 in this series.

FDIC-insured banks and savings institutions elsewhere in United States

Related statistics for Massachusetts

All statistics for Massachusetts | Massachusetts in figures