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Savings Accounts

Whether you are building a nest egg, or planning for retirement, The Savings Bank can help you reach your savings goals. A savings account is also a great way to teach youngsters how to save money. Whatever your needs may be, The Savings Bank has the right account for you.

Statement Savings

  • Receive an easy to read statement to track your savings

Term Deposits

  • Earn a guaranteed return for a fixed period
  • Choose from 6 month to 60 month options
  • Avoid investment risk
  • See Rates

Holiday Club Account

  • Makes your holiday shopping easy
  • Make up to 50 deposits during the year
  • Club checks issued in October
The CLUB for young savers logo

The C.L.U.B. for Young Savers

  • Kids of all ages can join the C.L.U.B. (Children Learning to Understanding Banking)
  • Open a passbook savings of their own
  • Help children learn how to save and watch their money grow

Individual Retirement Account (IRA)

  • Take control of your retirement planning
  • Choose from Traditional, Roth & Education IRA products
  • Enjoy greater catch-up contributions
  • Move assets from your retirement plan into a traditional IRA when changing jobs
  • Most eligible Employer-Sponsored Retirement Plans are eligible for "rollover" to a Roth IRA.

IOLTA Accounts

  • No fees
  • Minimum of only $10 to open the account
  • Competitive Rate
  • Convenient Branch locations

Contact Retirement Officer, Kimberly Cournoyer at kcournoyer@tsbawake24.com for more information on how you can take control of your retirement planning.

All deposits insured in full up to $250,000 by FDIC. 

Related Links

Deposit Rates
Retail Investments
Wealth Management
Savings Calculator
Retirement Calculator

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The Savings Bank  357 Main Street St, Wakefield, MA, 01880    Phone: (800) 246-2009    Fax: (781) 224-5482
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