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Bank of New England

New England organ procurement organization

Overview

The New England Organ Bank (NEOB) coordinates the donation and recovery of organs for transplant across parts of six New England states and Bermuda. It operates as a federally-designated organ procurement organization (OPO), working with hospitals to identify potential donors, obtain consent, and organize the retrieval and distribution of donated organs to compatible transplant centers. NEOB’s activities include donor education, clinical policy governance, and coordinating procurement teams to ensure safe, ethical, and timely organ donation. The organization distinguishes itself by being the oldest independent OPO in the country and by its regional coverage and governance structure (Board of Trustees and Clinical Policy Board). Its goal is to increase the availability of transplantable organs and to facilitate efficient, ethical organ donation and placement through its regional network.

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About Bank of New England

Simplify's Rating
Why Bank of New England is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Waltham, MA

Founded

N/A

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What believers are saying

  • Q3 2026 net interest margin remained 4.06%, still strong for a community bank.
  • Efficiency stayed excellent at 32 cents per revenue dollar in Q3 2026.
  • The bank earned $8.5 million in Q3 2026 despite credit deterioration.

What critics are saying

  • Nonperforming loans jumped to 1.68% by Q3 2026, up from 0.73% year-over-year.
  • Commercial real estate equals 45.7% of loans and 4.1 times capital.
  • Salem holds 81% of branch deposits; a local shock would threaten survival.

What makes Bank of New England unique

  • Nine branches across New Hampshire and Massachusetts create a dense local deposit franchise.
  • Q3 2026 leverage ratio reached 16.9%, far above well-capitalized requirements.
  • Bank of New England posted profits in all 12 quarters through Q3 2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Life Insurance
  • 401(k) Retirement Plan

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