US Bank Directory
Banks in Medford, MA
9 FDIC-insured banks operate 13 offices in Medford, Massachusetts, and 4 credit unions have 4 offices.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026; hours checked October 10, 2026.
Bank branch map: Medford
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 13 banks and credit unions operate 17 locations in Medford, according to the FDIC and the NCUA. 17 of them have coordinates on record and are on the map. 6 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
17 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Medford
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Beacon Bank and Trust has the most locations in Medford, with 3. It is followed by East Cambridge Savings Bank (2), Middlesex Federal Savings, F.A. (2). 6 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Beacon Bank and Trust Bank · 3
Beacon Bank and Trust has 3 branches in Medford, 70 across Massachusetts and 151 nationwide. FDIC records list its main office in Boston, MA and show it operating since 1871. With $22.20 billion in total assets on June 30, 2026, it ranks No. 98 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Medford location is the Medford Square Branch at 60 High St, dating to 1886; the newest, at 201 Salem St, to 1995. It does not publish hours in the sources this page uses; check its site before you go.
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Salem Street Branch201 Salem St, 02155
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West Medford Branch430 High St, 02155
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Medford Square Branch60 High St, 02155
East Cambridge Savings Bank Bank · 2
East Cambridge Savings Bank has 2 branches in Medford, 12 across Massachusetts and 12 nationwide. FDIC records list its main office in Cambridge, MA and show it operating since 1854. With $1.66 billion in total assets on June 30, 2026, it ranks No. 680 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Medford location is the Salem Street Office Branch at 243 Salem St, dating to 2007; the newest, at 9 Playstead Rd, to 2014. It does not publish hours in the sources this page uses; check its site before you go.
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Salem Street Office Branch243 Salem St, 02155
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West Medford Branch9 Playstead Rd, 02155
Middlesex Federal Savings, F.A. Bank · 2
Middlesex Federal Savings, F.A. has 2 branches in Medford, 4 across Massachusetts and 4 nationwide. FDIC records list its main office in Somerville, MA and show it operating since 1890. With $654.4 million in total assets on June 30, 2026, it ranks No. 1,454 of 4,232 U.S. banks by total assets. The Riverside Ave Branch at 53 Riverside Ave dates to 1890 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Novo Branch53 Riverside Ave, 02155
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Riverside Ave Branch53 Riverside Ave, 02155
Bank of America Bank · 1
Bank of America has 1 branch in Medford, 146 across Massachusetts and 3,598 nationwide. FDIC records list its main office in Charlotte, NC and show it operating since 1904. With $2.65 trillion in total assets on June 30, 2026, it ranks No. 2 of 4,232 U.S. banks by total assets. The Medford Meadow Glen Branch at 40 Locust Street dates to 1971 in FDIC branch records. It opens on Saturday.
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Medford Meadow Glen Branch40 Locust Street, 02155
All hours
Mon closed; Tue to Fri 9 am to 5 pm; Sat 9 am to 2 pm; Sun closed
Hours: Bank of America branch locator (All The Places), checked Oct 10, 2026
Chase Bank · 1
Chase has 1 branch in Medford, 99 across Massachusetts and 5,176 nationwide. FDIC records list its main office in Columbus, OH and show it operating since 1824. With $4.09 trillion in total assets on June 30, 2026, it ranks No. 1 of 4,232 U.S. banks by total assets. The Medford High Street Branch at 55 High St dates to 2025 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Medford High Street Branch55 High St, 02155
Citizens Bank · 1
Citizens has 1 branch in Medford, 179 across Massachusetts and 977 nationwide. FDIC records list its main office in Providence, RI and show it operating since 2005. With $232.52 billion in total assets on June 30, 2026, it ranks No. 20 of 4,232 U.S. banks by total assets. The Medford Square Branch at 1 Riverside Ave dates to 1950 in FDIC branch records. It opens on Saturday.
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Medford Square Branch1 Riverside Ave, 02155
All hours
Mon to Fri 9 am to 4 pm; Sat 9 am to 12 pm; Sun not published
Hours: Citizens branch locator (All The Places), checked Oct 10, 2026
Eastern Bank Bank · 1
Eastern Bank has 1 branch in Medford, 113 across Massachusetts and 134 nationwide. FDIC records list its main office in Boston, MA and show it operating since 1989. With $31.13 billion in total assets on June 30, 2026, it ranks No. 70 of 4,232 U.S. banks by total assets. The Fellsway Plaza Branch at 503 Riverside Avenue dates to 2008 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Fellsway Plaza Branch503 Riverside Avenue, 02155
Medford Municipal Employees Credit Union Credit union · 1
Medford Municipal Employees Credit Union has 1 office in Medford, 1 across Massachusetts. It is based in Medford, MA and $7.1 million in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
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Main Office main office85 George P Hassett Dr Rm 200, 02155
All hours
Mon to Tue not published; Wed 8:30 am to 4 pm; Thu not published; Fri 8:30 am to 6 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
Members Plus Credit Union Credit union · 1
Members Plus Credit Union has 1 office in Medford, 7 across Massachusetts. It is based in Medford, MA and $356.4 million in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
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Main Office main office29 High St, 02155
All hours
Mon to Wed 8:30 am to 4 pm; Thu 8:30 am to 5 pm; Fri 8:30 am to 4 pm; Sat 8:30 am to 12 pm; Sun not published
Hours: NCUA, March 31, 2026
Metro Credit Union Credit union · 1
Metro Credit Union has 1 office in Medford, 18 across Massachusetts. It is based in Chelsea, MA and $3.30 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
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Medford1 Salem St, 02155
All hours
Mon to Wed 9 am to 5 pm; Thu to Fri 9 am to 6 pm; Sat 9 am to 1 pm; Sun not published
Hours: NCUA, March 31, 2026
Needham Bank Bank · 1
Needham Bank has 1 branch in Medford, 16 across Massachusetts and 21 nationwide. FDIC records list its main office in Needham, MA and show it operating since 1892. With $7.42 billion in total assets on June 30, 2026, it ranks No. 211 of 4,232 U.S. banks by total assets. The Medford Branch at 400 Mystic Ave dates to 2022 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Medford Branch400 Mystic Ave, 02155
Rockland Trust Bank · 1
Rockland Trust has 1 branch in Medford, 143 across Massachusetts and 151 nationwide. FDIC records list its main office in Rockland, MA and show it operating since 1907. With $24.97 billion in total assets on June 30, 2026, it ranks No. 86 of 4,232 U.S. banks by total assets. The Medford Branch at 410 Riverside Ave dates to 2009 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Medford Branch410 Riverside Ave, 02155
Usalliance Credit Union Credit union · 1
Usalliance Credit Union has 1 office in Medford, 2 across Massachusetts. It is based in Rye, NY and $3.37 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
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Medford71 Station Lndg, 02155
All hours
Mon to Wed 9 am to 5 pm; Thu 9 am to 7 pm; Fri 9 am to 4 pm; Sat 9 am to 1 pm; Sun not published
Hours: NCUA, March 31, 2026
Join a credit union in Medford
4 credit unions have 4 offices here: Usalliance Credit Union, Metro Credit Union, Members Plus Credit Union and Medford Municipal Employees Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Medford page has every office in the state's directory.
Banking in Medford: the local picture
Short answer: 9 banks run 13 branches in Medford according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 9 banks, 0 have their main office in Medford, 6 elsewhere in Massachusetts and 3 out of state, according to the FDIC.
The bank with the longest record here is Chase, operating since 1824 according to the FDIC. In FDIC branch records, the longest-running branch is Beacon Bank and Trust's office at 60 High St, dating to 1886; the newest is Chase's at 55 High St, from 2025.
4 credit unions have 4 offices in Medford, according to the NCUA. Who can join each one is on the credit unions page.
Of the 6 locations with published hours. 5 open on Saturday. 11 locations have no published hours in these sources.
Banks and credit unions open on Saturday in Medford
Short answer: 5 of the 6 Medford locations with published hours open on Saturday, run by 5 institutions.
- Bank of America: 1 of 1 branch (40 Locust Street: Saturday 9 am to 2 pm)
- Citizens: 1 of 1 branch (1 Riverside Ave: Saturday 9 am to 12 pm)
- Usalliance Credit Union: 1 of 1 office (71 Station Lndg: Saturday 9 am to 1 pm)
- Metro Credit Union: 1 of 1 office (1 Salem St: Saturday 9 am to 1 pm)
- Members Plus Credit Union: 1 of 1 office (29 High St: Saturday 8:30 am to 12 pm)
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 11 of the 17 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Medford, and where the nearest one is if they do not.
Short answer: In Medford: Chase (1), Bank of America (1). No branches in Medford: Wells Fargo (nearest in Boston, 5 mi), PNC Bank (nearest in Somerville, 2 mi), U.S. Bank, Truist, Fifth Third Bank, Huntington, Regions Bank, TD Bank (nearest in Cambridge, 3 mi), BMO.
| Bank | In Medford | Nearest branch if none here |
|---|---|---|
| Chase | 1 branch | here |
| Bank of America | 1 branch | here |
| Wells Fargo | None | Boston, 5 miles away |
| PNC Bank | None | Somerville, 2 miles away |
| U.S. Bank | None | none in Massachusetts |
| Truist | None | none in Massachusetts |
| Fifth Third Bank | None | none in Massachusetts |
| Huntington | None | none in Massachusetts |
| Regions Bank | None | none in Massachusetts |
| TD Bank | None | Cambridge, 3 miles away |
| BMO | None | none in Massachusetts |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Medford to the nearest branch in Massachusetts.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Medford residents like anyone else.
Banks near Medford
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Somerville (2 miles) and Malden (2 miles). Cambridge, 3 miles away, has the most banks nearby: 12.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Somerville, MA | 2 mi | 11 | 18 |
| Banks in Malden, MA | 2 mi | 8 | 10 |
| Banks in Arlington, MA | 3 mi | 10 | 14 |
| Banks in Everett, MA | 3 mi | 7 | 9 |
| Banks in Cambridge, MA | 3 mi | 12 | 35 |
| Banks in Winchester, MA | 3 mi | 6 | 7 |
| Banks in Charlestown, MA | 3 mi | 3 | 3 |
| Banks in Melrose, MA | 4 mi | 8 | 8 |
Bank branch openings and closings in Medford
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show 1 branch opening in Medford between September 5, 2025 and September 5, 2026.
| Date | Change | Bank | Address |
|---|---|---|---|
| Oct 28, 2025 | Opened | Chase | 55 High St, 02155 |
Effective dates as recorded in FDIC BankFind branch history. Closings and relocations are not tracked by the sources this page uses yet. Credit union offices are not included; the NCUA does not publish opening dates.
Banks and credit unions based in Medford
Short answer: 2 institutions have their main office in Medford: Members Plus Credit Union and Medford Municipal Employees Credit Union.
| Institution | Type | Total assets, March 31, 2026 | Offices here |
|---|---|---|---|
| Members Plus Credit Union | Credit union | $356.4 million | 1 |
| Medford Municipal Employees Credit Union | Credit union | $7.1 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Medford by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Medford offices.
Short answer: Chase is the largest bank with offices in Medford, with $4.09 trillion in total assets on June 30, 2026, No. 1 among U.S. banks by total assets. Bank of America is second with $2.65 trillion. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Chase | $4.09 trillion | No. 1 | 1 | Columbus, OH |
| Bank of America | $2.65 trillion | No. 2 | 1 | Charlotte, NC |
| Citizens | $232.52 billion | No. 20 | 1 | Providence, RI |
| Eastern Bank | $31.13 billion | No. 70 | 1 | Boston, MA |
| Rockland Trust | $24.97 billion | No. 86 | 1 | Rockland, MA |
| Beacon Bank and Trust | $22.20 billion | No. 98 | 3 | Boston, MA |
| Needham Bank | $7.42 billion | No. 211 | 1 | Needham, MA |
| East Cambridge Savings Bank | $1.66 billion | No. 680 | 2 | Cambridge, MA |
| Middlesex Federal Savings, F.A. | $654.4 million | No. 1,454 | 2 | Somerville, MA |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Medford: FAQ
How many banks are in Medford, MA?
Medford has 9 banks with 13 branches and 4 credit unions with 4 offices, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Medford?
Beacon Bank and Trust, with 3. East Cambridge Savings Bank has 2 and Middlesex Federal Savings, F.A. has 2.
Is there a Beacon Bank and Trust in Medford, MA?
Yes. FDIC data lists 3 Beacon Bank and Trust branches in Medford as of September 5, 2026. Its branches are listed under Beacon Bank and Trust above, with the address and directions for each.
Is there a East Cambridge Savings Bank in Medford, MA?
Yes. FDIC data lists 2 East Cambridge Savings Bank branches in Medford as of September 5, 2026. Its branches are listed under East Cambridge Savings Bank above, with the address and directions for each.
Is there a Middlesex Federal Savings, F.A. in Medford, MA?
Yes. FDIC data lists 2 Middlesex Federal Savings, F.A. branches in Medford as of September 5, 2026. Its branches are listed under Middlesex Federal Savings, F.A. above, with the address and directions for each.
Is there a Wells Fargo in Medford, MA?
No. FDIC data lists no Wells Fargo branch in Medford as of September 5, 2026. The nearest is in Boston, about 5 miles away in a straight line.
Which banks in Medford are open on Saturday?
Bank of America, Citizens, Usalliance Credit Union and Metro Credit Union and 1 more publish Saturday hours for one or more Medford locations. The Saturday section above lists each one with its hours. 11 of the 17 locations here do not publish hours in the sources this page uses; call ahead.
Which banks are headquartered in Medford?
Members Plus Credit Union and Medford Municipal Employees Credit Union have their main office in Medford, according to the FDIC and the NCUA.
What is the oldest bank in Medford?
Chase has the longest record among banks with a branch here: the FDIC shows it operating since 1824.
Which credit unions can I join in Medford?
Usalliance Credit Union, Metro Credit Union, Members Plus Credit Union and Medford Municipal Employees Credit Union have offices in Medford. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Medford in the past year?
FDIC branch records show 1 branch opening between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Medford?
Nearby cities with more banks include Somerville, Malden, Arlington. Somerville is 2 miles away with 11 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 4 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Bank branch hours, phones and branch pages (2 of 13 branches: Bank of America, Citizens) | The banks' own branch locators, collected by All The Places | CC0 (All The Places data); each bank's locator is the primary source | Weekly spider run, monthly refresh here | Oct 10, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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