NEEDHAM, Mass., October 27, 2026 – Needham Bank announced today that it is participating in the Commonwealth of Massachusetts’ Investing for the Long-Term Initiative (Invest MA), a statewide program designed to expand access to capital for creditworthy small businesses.
Through Invest MA, administered by the Massachusetts State Treasurer’s Office, state cash deposits are placed with participating Massachusetts banks that commit to increasing small business lending. The program makes up to $500 million available for deposit across participating institutions, enabling Needham Bank to provide additional financing to Massachusetts small businesses and nonprofits seeking to grow, hire employees, invest in their operations, and strengthen their communities.
“Small businesses are essential to the strength and vitality of the communities we serve,” said Joseph P. Campanelli, President and CEO of Needham Bank. “Our participation in Invest MA builds on Needham Bank’s longstanding commitment to providing local businesses with the capital, expertise, and responsive service they need to grow, create jobs, and build for the future.”
Headquartered in Massachusetts, Needham Bank has spent more than a century helping businesses grow and thrive. With local decision-making, experienced bankers, and customized financing solutions, Needham Bank is well positioned to help Massachusetts businesses put Invest MA funding to work.
Invest MA supports community-based, independent, family-owned, veteran-owned, entrepreneurial, and nonprofit businesses across Massachusetts, helping expand access to capital for the businesses that drive local economies and strengthen communities across the Commonwealth.
Massachusetts small business owners interested in learning more about financing opportunities can contact our team.