Our Story

MutualOne Bank is a Massachusetts state-chartered mutual bank originally formed in 1889 as Framingham Co-operative Bank. In 2012, when Framingham Co-operative Bank merged with Natick Federal Savings Bank, our name was changed to MutualOne Bank to reflect the union of two mutual banks into one new entity.

Headquartered in Framingham, we are able to offer our customers the benefit of local decision making from people who live and work in their community. This allows us to support the local economy and the organizations that work so hard to strengthen it.

Our mutual charter means we were created to serve our customers and communities. So, while other banks are focused on achieving quarterly returns for stockholders, we can focus on doing what’s in the best interest of our neighbors. From providing builders and businesses the financing they need to grow, to offering banking solutions to help people buy homes, to offering rewarding careers to our dedicated employees, MutualOne Bank is here to make a difference.

Good Bank. Good Neighbor.

MutualOne Bank has a proud history of “doing good.” Whether we’re providing grants through the MutualOne Charitable Foundation, contributions to fund local programs or events, or employee volunteers to help make a difference, MutualOne is proud to be a good bank – and good neighbor.