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Bankular
Local banking directory

Banks and Bank Branches in Melrose, Massachusetts

The FDIC reported 8 deposit-reporting offices from 8 institutions in Melrose as of June 30, 2025. Bankular currently provides 9 detailed location pages with addresses, maps and directions.

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FDIC-reported offices8
Institutions reporting8
Detailed location pages9
Reported branch deposits$1.15B
SOD reporting dateJune 30, 2025

Reported-office totals come from the annual FDIC Summary of Deposits survey. Maps and branch-detail links appear only for locations with a validated Bankular location page.

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionEastern Bank22.61% of deposits
Top three share61.60%
Deposit HHI1,639Moderate concentration
Current detailed pages91 more than the June 2025 SOD count

Eastern Bank held 22.61% of reported branch deposits in Melrose. The three largest institutions together held 61.60%. Bankular places the resulting HHI of 1,639 in its moderate concentration descriptive band.

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Detailed bank locations in Melrose

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Detailed directory

Institutions with validated location pages

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Detailed bank locations in Melrose

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Eastern Bank1$261.1M22.61%
Cambridge Savings Bank1$236.0M20.44%
Bank of America1$214.1M18.55%
TD Bank1$135.3M11.72%
Rockland Trust Company1$119.7M10.37%
Santander Bank1$115.4M10.00%
Northern Bank & Trust Company1$45.8M3.97%
Reading Co-operative Bank1$27.1M2.34%