42 North Private Bank is a bank based in Canton, Massachusetts, established in 1967, with $176 million in total assets across 2 branches. By Trust Grade it ranks 91st of 91 banks we track in Massachusetts. Its capital ratio of 8.8% trails most similarly sized banks (26th percentile), versus a Massachusetts median of 10.2%. It posted a loss over the most recent period (-4.00% return on assets), a point to watch. No consumer complaints against 42 North Private Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How 42 North Private Bank compares to Massachusetts peers
How we graded 42 North Private Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.8% capital ratio)
- Unprofitable over the period (ROA -4.00%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for 42 North Private Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 250 Royall Street, Canton, MA 02021
- 147 W 35th St, New York, NY 10001
Are deposits at 42 North Private Bank insured?
Yes. 42 North Private Bank is an FDIC-insured bank (FDIC certificate #27015). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
42 North Private Bank: frequently asked questions
Is 42 North Private Bank a good bank?
42 North Private Bank earns a Bankzia Trust Grade of D (68/100, "Below average"), based on a financial-strength score of 68/100 (it has no CFPB complaints on record). Well-capitalized (8.8% capital ratio); Unprofitable over the period (ROA -4.00%).
Is 42 North Private Bank FDIC-insured?
Yes. 42 North Private Bank is a FDIC-insured bank (FDIC certificate #27015). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is 42 North Private Bank?
42 North Private Bank holds $176 million in total assets, ranking 91st of 91 banks we track in Massachusetts. It operates 2 branches.
Does 42 North Private Bank have CFPB complaints?
No CFPB complaints against 42 North Private Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
