CLOs on the Move

Lowell Five Bank

www.lowellfive.com

 
Locally governed and managed with over 160 years of strength and stability, Lowell Five is a service oriented community bank providing comprehensive mortgage and loan products in excess of $20 million, extensive deposit and cash management products and services, and investment and insurance products for individuals, businesses, municipalities and non-profits throughout its 16 banking center locations. Lowell Five maintains one of the strongest capital positions of all Massachusetts savings banks and deposits are insured in full by both the Federal Deposit Insurance Corporation and the Depositors Insurance Fund.
  • Number of Employees: 250-1000
  • Annual Revenue: $100-250 Million

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Founded in 1934 by the Harvard Chamber of Commerce during the Great Depression, Harvard Federal Savings and Loan Association provided a means of promoting thrift and encouraging home ownership. The joint operation between Harvard Federal and the Chamber office continued until 1959. The two organizations separated and Harvard Federal moved into its own building at the corner of Ayer and Sumner streets, where it remains today.