Bank with The Savings Bank for innovative financial solutions, including personal and business banking and wealth management services. Earn cash back and interest with our selection of personal checking and savings products, or to benefit from our affordable and flexible consumer and mortgage loans, including auto loans, home equity loans and lines of credit, fixed and adjustable rate mortgages, construction loans, and much more! Let us help you grow your business with a convenient commercial loan, a business checking account, and our business cash management services.

We trace our heritage back to the Bank’s first president, Cyrus Wakefield, who along with other business leaders, petitioned for a charter to open a savings bank to provide the community with a safe place to deposit their money, get a loan to buy or build a house, or secure money for a small business.

Starting with one physical location in 1869, the Bank was chartered as the Wakefield Savings Bank. We now have eight branch locations, plus the 1st Educational Savings Branch at Wakefield High School, the first student run branch in the nation. In 1989, our name changed to The Savings Bank to reflect our broader geographic footprint.

Auto Loans, Home Equity Loans, Money Reserve, Savings Collateral Loan, Unsecured Personal Loan, Certificates of Deposit, Companion Savings Account, IRAs, Statement Savings, Construction Loans, Fixed Rate Loans, Adjustable Rate Loans, Wealth Management