Wainwright Bank Added to KLD's Domini 400 Social Index

November 18, 2004

BOSTON – Wainwright Bank (Nasdaq: WAIN), a commercial bank headquartered in Boston, Massachusetts has been added to the Domini 400 Social Index(SM) in an announcement today by KLD Research &Analytics, Inc., an independent investment research firm. The Domini 400 Social Index is a market capitalization-weighted common stock index. It monitors the performance of 400 U.S. corporations that passmultiple, broad-based social screens. The Index consists of approximately 250 companies included in the Standard & Poor’s 500 Index, approximately 100 additional large companies not included in the S&P 500 but providing industry representation, and approximately 50 additional companies with particularly strong social characteristics.

Reasons KLD added Wainwright Bank to the Domini 400 Social Index

The company’s mission statement outlines its commitment to being a leader in socially responsible lending. The company’s management philosophy embraces the interests of multiple stakeholders, including employees, customers, and communities. The company believes that employees, customers, community leaders, and shareholders must play an active role in shaping the direction of the bank.

Wainwright Bank has a longstanding and exceptional commitment to supporting projects that benefit the economically disadvantaged and “disenfranchised.” In FY 2003, community development loans accounted for 29% of the company’s commercial loan portfolio. These loans were awarded not only to housing for low-income residents, but to organizations that provide services for the homeless, support environmental protection, provide elder care, and create housing for people living with HIV/AIDS.

Wainwright’s charitable giving program is exceptionally generous for the banking industry. In FY 2003 the company donated 3% of trailing three-year net earnings before taxes (NEBT) to charity, compared to an average of 0.98% for the financial sector. In addition, the company created CommunityRoom.net(TM) which hosts free websites and provides online donation capabilities for nonprofit clients of the bank.

The company has strong representation of women and minorities in senior management and on its board. Three women serve among the company’s twelve principal senior line executives. Four of the company’s ten-member board of directors are women or minorities.

Wainwright Bank has a policy against discrimination based on sexual orientation and provides domestic partner medical benefits to qualified employee partners.

About KLD Research & Analytics, Inc.

KLD Research & Analytics, Inc. is an independent investment research firm providing investment management tools used by professionals to serve clients requiring investment strategies based on social and environmental responsibility. KLD products and services, including Socrates (a web-based, company research tool) are used for screening, compliance and asset gathering.

About Wainwright Bank & Trust Company

Wainwright Bank, a commercial bank founded in 1987 with current assets of $700 million, provides financial services to consumers, businesses and nonprofits. The bank has committed over $400 million in loans for socially responsible community development projects including affordable housing, environmental protection, homeless shelters, HIV/AIDS services, food banks, breast cancer research, immigration services and more. Recent recognition includes being named one of the world’s Top 20 Sustainable Stocks, one of the 11 Best Lenders to Women in the U.S., and one of the Top 10 “Green” Banking Firms in the U.S.