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Balance Sheet Cash Flow Statement 63 Franklin St. Boston, MA 02110 MA Tel. 617-478-4000 Toll Free 800-428-2265 Fax 617-478-4080 |
Type: Public
On the web:
http://www.wainwrightbank.com
Employees:
159
Employee growth: 2.6%
You don't have to be Loudon, Rufus, or Martha to bank here. Wainwright Bank & Trust serves musical and non-musical customers alike from about a dozen branches in the Boston area. The bank is dedicated to progressive causes; it provides credit and capital to organizations involved in affordable housing, health care, the environment, and diversity. Single-family residential mortgages account for about 40% of its loan portfolio, which also includes commercial mortgages and business, and consumer loans. Subsidiary Heritage Capital Management provides asset management services. The bank also owns about 30% of Trillium Asset Management, a socially active investment manager. Directors own around 40% of the company.
Key numbers for fiscal year ending December, 2008:
Sales: $57.5M
One year growth: 81.4%
Net income: $3.0M
Income growth: (50.2%)
Officers:
Co-Chairman: Robert A. Glassman
Co-Chairman: John M. Plukas
President, CEO, and Director: Jan A. Miller
Competitors:
Citizens Financial Group
Eastern Bank
Sovereign Bank
