42 North Private Bank
Headquartered in Canton, MA. Part of 42 North Private Holdings, Inc. FDIC certificate #27015 · Federal Reserve RSSD 541307.
Total assets
$176M
Deposits
$134M
Q1 2026
Active branches
2
Closings since Jan 2020
1
2 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$-1770K
Return on assets
-4.00%
Return on equity
-47.65%
Noncurrent loan rate
0.03%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
Values in $ billions, June 30 of each year.
Closings by year
12022
Openings by year
12020
12025
Other network changes since 2020
- 4 branch relocations
- August 1, 2022: legal name changed from “Ethic, A Wealth Bank” to “42 North Private Bank”
- August 7, 2021: legal name changed from “ETHIC” to “Ethic, A Wealth Bank”
Branches by state
Recent closings
- 42 North Private Bank — Warwick, RIbank exits city935 JEFFERSON BLVD · closed August 1, 2022
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.42northprivate.com.